Willis Trading Volume Surges to $520 Million Ranking 319th Amid Cyber Insurance Expansion
On April 4, 2025, Willis saw a significant surge in trading volume, reaching $520 million, marking a 98.35% increase from the previous day. This substantial rise placed Willis at the 319th position in the day's trading rankings. However, WTWWTW--, the parent company of Willis, experienced a decline of 7.10% over the past two days, totaling an 8.48% drop.
Willis, a business unit of WTW, has expanded its CyXS facility to provide up to $115 million in capacity through Lloyd's syndicates and an additional $40 million from external sources. This enhancement is part of Willis's ongoing efforts to bolster its cyber insurance offerings and better serve clients facing evolving cyber threats.
In a strategic move, Willis has partnered with SecurityScorecard to improve cyber risk quantification and enhance insurance modeling. This collaboration aims to provide more accurate assessments of cyber risks, enabling better-informed decisions for clients.
Willis's expansion of its CyXS facility is a response to the growing demand for cyber insurance as organizations worldwide face intensifying cyber threats. The global cyber insurance market is projected to reach $16.3 billion in gross written premiums by the end of 2025, reflecting the increasing importance of cyber risk management.
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