Friday Apr 4
Towers Watson risk transfer program aims to offload retiree health care risks
Last week, Towers Watson & Co. unveiled a program that would enable employers to eliminate unfunded retiree health care plan liabilities for Medicare-eligible retirees by shifting those liabilities to insurers through the purchase of group annuities.
Taylor Wimpey plc Given Consensus Rating of "Buy" by Analysts
Shares of Taylor Wimpey plc have received an average recommendation of "Buy" from the fifteen ratings firms that are currently covering the stock, Analyst Ratings News reports .
Insurer executives expect more sector mergers and acquisitions: Survey
An overwhelming majority - 86% - of North American insurance executives surveyed by Towers Watson & Co.
Towers Watson unveils retiree health care risk transfer program
An innovative risk transfer program unveiled Monday by Towers Watson & Co. will allow employers to end health care coverage for Medicare-eligible retirees but assure continuation of the funding of coverage for the retirees through the purchase of a group annuity from participating insurers.
Use of predictive modeling by property/casualty insurers up: Survey
Property/casualty insurers have increased their use of predictive modeling in most lines of business over the last year, while personal lines insurers are using modeling more than commercial insurers, according to the results of a new survey from Towers Watson & Co.