AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Claims - Terrorism - Disaster cover loopholes.
(From Reinsurance)
Companies that have insured the lives of their employees may find that they are not covered in the event of an 11 September 2001-style terrorist attack, according to new research from Watson Wyatt.
In the wake of the attacks on the World Trade Centre and the Pentagon, many insurers have been reducing their war and terrorism exposure by bringing in exclusions or single event limits which cap the overall claim value to single events. Watson Wyatt claims that it has found one or more of the exclusions in half the policies examined by the firm for employee life insurance, health and disability insurance from 47 countries.
In the event of a similar disaster to 11 September hitting a commercial area, this would leave many employers without the proper cover that they had promised their members of staff, leaving the liability on the balance sheet.
Peter Eyre, senior consultant at Watson Wyatt, said: "While some war and ...
- Watson Wyatt & Company Holdings and Watson Wyatt LLP Announce Signing of...
- Press release article from: Business Wire April 18, 2005 700+ words
...million would be paid...). The corrected release reads: WATSON WYATT & COMPANY HOLDINGS AND WATSON WYATT LLP ANNOUNCE SIGNING OF DEFINITIVE AGREEMENT TO COMBINE Watson Wyatt & Company Holdings (NYSE: WW) and Watson Wyatt LLP...
- Watson Wyatt & Company and Watson Wyatt LLP, Global Alliance Partners, to...
- Press release article from: Business Wire January 18, 2005 700+ words
WASHINGTON & LONDON -- Watson Wyatt & Company, the principal subsidiary of Watson Wyatt & Company Holdings (NYSE: WW), and Watson Wyatt LLP today announced the signing of a letter of intent to combine the two firms. Watson...
- Watson Wyatt Completes Acquisition of Premier German Consulting Firm, Heissmann.
- Press release article from: PR Newswire July 20, 2007 700+ words
...July 20 /PRNewswire-FirstCall/ -- Watson Wyatt Worldwide, a leading global consulting...consultants. "This is great news for Watson Wyatt, Heissmann, our clients and our associates...president and chief executive officer of Watson Wyatt. "The integration of the two firms...
- Watson Wyatt Investment Consulting Expands Manager Research Team.
- Press release article from: PR Newswire May 10, 2005 700+ words
...May 10 /PRNewswire-FirstCall/ -- Watson Wyatt Investment Consulting, Inc., a division of Watson Wyatt & Company, announced today the...S. manager research team. Joining Watson Wyatt Investment Consulting are Erica Wolf...
- Watson Wyatt to Acquire Long-Time Partner in the Netherlands.
- Press release article from: PR Newswire January 3, 2007 700+ words
...Jan. 3 /PRNewswire-FirstCall/ -- Watson Wyatt Worldwide, a leading global consulting...alliance partner in the Netherlands, Watson Wyatt Brans & Co. A definitive agreement...In 1999, the Netherlands office of Watson Wyatt merged with the leading Dutch actuarial...
- Watson Wyatt and Gabriel, Roeder, Smith & Company Announce Alliance Agreement.
- Press release article from: Business Wire August 16, 2001 700+ words
...BUSINESS WIRE)--Aug. 16, 2001 Watson Wyatt & Company (NYSE:WW), a leading...today announced that GRS is acquiring Watson Wyatt's U.S.-based public sector retirement...agreement is effective August 31, 2001. Watson Wyatt will transition approximately 120 U...
- Watson Wyatt Investment Consulting Expands in U.S.
- Press release article from: PR Newswire August 9, 2004 700+ words
...Expanded Teams in New York and Atlanta Watson Wyatt Investment Consulting, Inc., the investment consulting arm of Watson Wyatt & Company, announced today...underscores the strategic commitment of Watson Wyatt to the growth of our investment...
- Watson Wyatt & Company to Acquire Long-Time Alliance Partner in Accretive...
- News wire article from: Fair Disclosure Wire January 18, 2005 700+ words
...WIRE LISA MAYR, DIRECTOR OF IR, WATSON WYATT & CO.: Good morning. This is...Director of Investor Relations at Watson Wyatt & Co. Holdings. Welcome to our...combine with our alliance partner, Watson Wyatt LLP. I'm here in Washington D.C...
- Watson Wyatt Wins China and Hong Kong HR Consultancy of the Year Awards; China...
- Press release article from: PR Newswire December 11, 2003 700+ words
Watson Wyatt Worldwide, a global human capital consulting...for its work in Hong Kong and China. Watson Wyatt has now been awarded the Hong Kong award...years. Additionally, Paula DeLisle, Watson Wyatt's vice president, Asia-Pacific...
- Watson Wyatt Worldwide Inc. (Public, NYSE:WW) Xtreme picks of the day!
- Press release article from: M2 Presswire June 17, 2009 700+ words
...17 June 2009-xtremepicks.com: Watson Wyatt Worldwide Inc. (Public, NYSE:WW...Funds Require Better Benchmarking, Watson Wyatt Says -- --Poor Returns Highlight...according to investment experts at Watson Wyatt, a leading global consulting firm...
