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Stock impact report

WTW announces market first facility for cargo and war-on-land risks in Ukraine

Willis Towers Watson Public Limited Company - Ordinary Shares (WTW) 
Last willis towers watson public limited company - ordinary shares earnings: 2/26 04:05 pm Check Earnings Report
US:NYSE Investor Relations: weightwatchersinternational.com
Company Research Source: GlobeNewswire
LONDON, May 13, 2024 (GLOBE NEWSWIRE) -- WTW (NASDAQ: WTW), a leading global advisory, broking and solutions company today announced a partnership with Ukrainian insurer, VUSO, to provide a London market backed facility covering cargo and, crucially, war-on-land risks. This market first, an exclusive facility which provides prearranged war insurance capacity, offers much needed certainty to Ukrainian and foreign enterprises alike, who are moving goods and products overland within the borders of Ukraine. WTW’s partnership with VUSO is a development that directly addresses the complex challenges faced by local insurer partners. A year in the making, the London Market facility is led by Lloyd’s syndicate Markel. The facility is operational immediately and can be accessed via VUSO or WTW Ukraine. Sam Warnes, Director Marine Cargo commented, “This facility complements our other cargo war offerings such as our Black Sea Grain facility and $300m facility offering cover in the Red Sea a Show less Read more
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