Towers Watson announces signing of nonexclusive Medicare solution agreement with Segal Group
M2 - Thu Apr 03, 5:47AM CDT
Professional services company, Towers Watson (NYSE:TW) (NASDAQ:TW) declared on Wednesday the signing of a nonexclusive agreement with the Segal Group, a benefit and HR consulting firm, to expand access to the private Medicare solution on the company's OneExchange.
Towers Watson Teams With The Segal Group to Expand Access to Medicare Exchange
Business Wire - Wed Apr 02, 4:05PM CDT
Towers Watson (NYSE, NASDAQ: TW), a global professional services company, today announced a nonexclusive agreement with The Segal Group to expand access to the private Medicare solution on Towers Watson's OneExchange. Under terms of the agreement, Segal will offer OneExchange as a prequalified option to its clients seeking a private exchange solution for their Medicare-eligible retirees.
Canadian Drivers Are Very Receptive to Usage-Based Auto Insurance
CNW Group - Wed Apr 02, 7:00AM CDT
Towers Watson consumer survey shows Canadian market is ready for widespread UBI adoption
First Week of TW May 17th Options Trading
DividendChannel.com - Thu Mar 27, 9:58AM CDT
Investors in Towers Watson & Co. saw new options become available this week, for the May 17th expiration.
Steve Carlson Appointed Head of Investment, Americas, Towers Watson
Business Wire - Wed Mar 26, 10:00AM CDT
Global professional services company Towers Watson (NYSE, NASDAQ: TW) today announced that Steve Carlson has been appointed head of the company's Americas Investment business effective immediately.
More U.S. Workers Satisfied with Finances, Confident about Retirement, Towers Watson Survey Finds
Business Wire - Wed Mar 26, 8:05AM CDT
While U.S. workers are more satisfied with their financial situation now compared with five years ago, their retirement confidence still remains below levels prior to the financial crisis, according to a new survey by global professional services company Towers Watson (NYSE, NASDAQ: TW). The Towers Watson Global Benefit Attitudes Survey also found that workers are especially worried about the affordability of health care in retirement, and significant numbers have been forced to cut back on spending and plan to delay retirement, many until age 70 or later.
Insurance Merger and Acquisition Activity on the Rise
Business Wire - Tue Mar 25, 8:05AM CDT
An overwhelming majority (86%) of North American insurance executives expect to see an increase in the volume of insurance mergers and acquisitions (M&As) over the next one to three years, compared to the previous three years, and more than three-quarters (78%) say they are actively considering acquisitions, according to a new survey conducted by global professional services company Towers Watson (NYSE, NASDAQ: TW).
Towers Watson Launches Turnkey Retiree Medical Exit Solution
Business Wire - Mon Mar 24, 8:05AM CDT
Towers Watson (NYSE, NASDAQ: TW), a global professional services company, today announced Towers Watson Longitude Solution for retiree medical exit. By using customized group annuities and an innovative transaction structure, the patent-pending solution is designed to allow U.S. employers to overcome the traditional barriers to fully exiting their legal, accounting and regulatory responsibilities for retiree medical benefits. The solution should also give retirees security and peace of mind, as the annuity guarantees tax-free funding for medical benefits from a highly rated insurance company for the rest of their lives.
Services Sector Announced Expansion Plans, Survey Results, and Awards - Analyst Notes on Amazon, Towers Watson, Cintas, Global Payments, and R.R. Donnelley
PR Newswire - Fri Mar 21, 7:00AM CDT
Today, Analysts Review released its analysts' notes regarding Amazon.com Inc. (NASDAQ: AMZN), Towers Watson & Co. (NYSE: TW), Cintas Corporation (NASDAQ: CTAS), Global Payments Inc. (NYSE: GPN), and R.R. Donnelley & Sons Company (NASDAQ: RRD). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register
Financial Health of Largest U.S. Corporate Pension Plans Improved Sharply in 2013, Towers Watson Analysis Finds
Business Wire - Thu Mar 20, 8:05AM CDT
The financial health of corporate America's largest pension plans improved significantly in 2013 as funding improved to a level not seen since the start of the financial crisis, according to a new analysis by Towers Watson (NYSE, NASDAQ: TW), a global professional services company. The analysis cited rising interest rates, which lowered liabilities, and moderate investment returns as the primary reasons for the overall improvement.
Usage of Predictive Models for Property & Casualty Insurers Grows
Business Wire - Thu Mar 20, 8:05AM CDT
Property & casualty (P&C) insurers have increased their use of predictive modeling in virtually every line of business over the last year, according to a new survey by global professional services company Towers Watson (NYSE, NASDAQ: TW). However, most insurers do not have a comprehensive company-wide approach for using predictive modeling for all core functions.
Towers Watson & Co Rises 1.67% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Mon Mar 17, 6:20PM CDT
Towers Watson & Co (NYSE:TW) traded in a range yesterday that spanned from a low of $113.06 to a high of $114.59. Yesterday, the shares gained 1.7%, which took the trading range above the 3-day high of $113.79 on volume of 527,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
Alternative Forms of Capital Shift the P&C Reinsurance Landscape
Business Wire - Wed Mar 12, 8:05AM CDT
Over half (55%) of property & casualty (P&C) insurance chief financial officers (CFOs) believe the property reinsurance market is softer than the primary market, while more than one-third (34%) deem that the same is true for casualty business. CFOs attribute this softness primarily to the significant growth of insurance-linked securities and other alternative forms of reinsurance capital, according to a new survey by global professional services company Towers Watson (NYSE, NASDAQ: TW).
Commercial Insurance Prices Increase 5% in the Fourth Quarter of 2013
Business Wire - Mon Mar 10, 8:34AM CDT
Commercial insurance prices increased by 5% in aggregate during the fourth quarter of 2013, according to the latest Commercial Lines Insurance Pricing Survey (CLIPS) conducted by global professional services company Towers Watson (NYSE, NASDAQ: TW). This marked the third consecutive year of price increases. The survey compares carriers' pricing on policies underwritten during the fourth quarter of 2013 to those underwritten in the same quarter of 2012. Price changes reported by carriers between the third and fourth quarters of 2013 indicate increases, although they are somewhat smaller in magnitude than the 6% to 7% increases reported in the second half of 2012 and first half of 2013.
Product Launches, Price Movements, Acquisitions, New Appointments, and Robust Earnings Results - Analyst Notes on Towers Watson, WageWorks, Booz Allen Hamilton, CEB, and InterCloud Systems
PR Newswire - Fri Mar 07, 7:00AM CST
Today, Analysts Review released its analysts' notes regarding Towers Watson & Co. (NYSE: TW), WageWorks, Inc. (NYSE: WAGE), Booz Allen Hamilton Inc. (NYSE: BAH), Corporate Executive Board Co. (NYSE: CEB), and InterCloud Systems, Inc. (NASDAQ: ICLD). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register
Towers Watson Updates Upcoming Conference Presentation
Business Wire - Thu Mar 06, 4:27PM CST
Towers Watson & Co. (NYSE, NASDAQ: TW), a global consulting firm, will participate in the Credit Suisse 16th Annual Global Services Conference.
U.S. Employers Experiencing Smallest Increases in Health Care Costs in 15 Years, Towers Watson/National Business Group on Health Survey Finds
Business Wire - Thu Mar 06, 8:05AM CST
The cost of providing employer-sponsored health care benefits is expected to increase 4.4% this year, a slight uptick from last year, when cost increases fell to a 15-year low, according to an annual survey by global professional services company Towers Watson (NYSE, NASDAQ: TW) and the National Business Group on Health (NBGH), an association of large employers. The closely watched industry survey of 595 large U.S. employers also found that the vast majority of employers remain committed to providing benefits to active employees, but say moderate to significant changes to their plans are in store over the next few years.
Upgrade Alert for Towers Watson & Co (TW)
Comtex SmarTrend(R) - Thu Mar 06, 7:02AM CST
Towers Watson & Co (NYSE:TW) was upgraded from Buy to Conviction Buy at Goldman Sachs today. The stock closed yesterday at $112.89 on volume of 819,000 shares, below average daily volume of 1.0 million. Towers Watson & Co has overhead space with shares priced $112.89, or 14.0% below the average consensus analyst price target of $131.22. Towers Watson & Co shares should encounter resistance at the 50-day moving average (MA) of $118.75 and support at its 200-day MA of $101.92.
12.0% Return Seen to Date on SmarTrend Towers Watson & Co Call (TW)
Comtex SmarTrend(R) - Fri Feb 28, 9:36AM CST
SmarTrend identified a Downtrend for Towers Watson & Co (NYSE:TW) on January 27th, 2014 at $121.92. In approximately 1 month, Towers Watson & Co has returned 12.03% as of today's recent price of $107.25.
Look for Shares of Towers Watson & Co to Potentially Rebound after Yesterday's 1.80% Sell Off
Comtex SmarTrend(R) - Thu Feb 27, 4:52PM CST
Towers Watson & Co (NYSE:TW) traded in a range yesterday that spanned from a low of $104.77 to a high of $108.74. Yesterday, the shares fell 1.8%, which took the trading range below the 3-day low of $108.77 on volume of 1.2 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.