Willis Towers Watson acquires Acclimatise & more…Keep up with what has been happening this week in our latest insurance news round-up…

More than 50% of reinsurance and insurance companies now use ILS capacity

In a new Global Insurance-Linked Securities (ILS) Market Survey Report from Willis Towers Watson, it has showed that more than half of the companies surveyed now use ILS capacity worldwide with most investors being satisfied with their ILS performance.

Global investors back new Lloyd’s of London vehicle, Inigo

Qatar’s main sovereign wealth fund backs £600m in Lloyd’s of London vehicle alongside a group of other global investors. The insurance vehicle, Inigo, which be among the largest British insurers to be launched in the last decade.

Willis Towers Watson acquires Acclimatise

Willis Towers Watson has announced that they have acquired Acclimatise, the market leader in climate change adaptation advisory and analytics services in order to help client to address climate issues across different types of risks.

Arch Insurance launches Marine product in the UK

Arch Insurance has launched a new UK based marine hull and machinery product for owners and operators of small and medium-sized commercial vessels such as those who own pilot boats, water taxis, workboats and supple vessels.