Acquisition forms largest non-life actuarial consultancy

Towers Watson has acquired non-life consulting and software firm EMB.

A Towers Watson spokesman said the transaction will form the largest non-life actuarial consultancy in Europe.

Patricia Guinn, global leader of Towers Watson's risk and financial services segment, said: "We are delighted to be able to combine EMB with our risk consulting and software services to offer a much broader range of non-life consulting, software and risk transfer solutions to clients."

Towers Watson expect the acquisition to slightly dilute its adjusted diluted earnings per share in fiscal 2011.

A Towers Watson spokesman said this would not change the company's financial expectations for the fiscal year ending 30 June 2011.

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

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