All Aon articles
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News
Global nat cat losses surpassed $313 billion in 2022 - Aon
$132 billion was covered by insurance, revealing a 58% ‘protection gap’; Hurricane Ian was the most costly event of the year
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1/1 renewals put ‘stress’ on long-term relationships
There was an evident mismatch in demand and supply for property reinsurance as global capital fell by 17 percent - Aon
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Federico Casini to head up Howden Italy
He joins as chief executive from Aon SpA, where he was executive chairman
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Aon names Robert De Souza president Reinsurance Solutions, APAC
John Carroll will succeed De Souza as Reinsurance Solutions’ CEO of Australia and New Zealand
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1/1 renewals will test industry’s relevance
The renewals period represents a time to move towards, not away from risk, says Aon’s Andy Marcell
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AXA XL appoints head of Cyber, UK & Lloyd’s
She previously held cyber leadership positions in Aon Cyber Solutions
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Nat cats cost insurers $99 billion so far in 2022
Economic losses through the end of Q3 2022 are estimated at $227 billion, representing a protection gap of 56 percent
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Ian will have ‘devastating impact’ on full-year underwriting results
Continued rise in interest rates will further pressure total investment returns and reported book values - Aon
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Ukraine ‘protection gaps’ must be addressed
Solutions for supply chain, reputation and other risks are needed to tackle ’seismic’ change - Lloyd’s and Aon
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Howden Re names Tan director, ASEAN Treaty/Retrocession
She will be based in Singapore and will report to Stephen Warwick, head of Treaty for Asia Pacific
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Aon names Jeremy Goodman UK president, Reinsurance Solutions
He replaces Nick Frankland, who will now focus fully on his role as chairman of Aon’s Strategy and Technology Group
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Don’t expect a ‘business-as-usual’ renewal, warns Aon
The broker urges reinsurers to adjust their risk appetites and tells buyers to get creative as market dislocation continues
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Cat bond market grows to $36 billion - Aon
If current activity levels continue, ILS market issuance figures could rival the record calendar year issuance in 2021
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Aon taps University of California to enhance wildfire model
Recent events in North America have changed the perception of wildfire as a secondary peril
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SCSs drive $39 billion in 1H nat cat claims
Claims were 18% higher than the 21st century average, with Severe Convective Storms accounting for over half of losses
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Marsh McLennan continues to lead global brokers
The expected Aon/WTW merger that would have affected this year’s AM Best ranking was called off last year
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Aon Saudi Arabia appoints CEO
Samer AlFayez was previously chief executive officer of Elite Insurance and Reinsurance Brokers
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Aon names Toffanello head of Reinsurance Solutions in Italy
He replaces long-standing Italy CEO for Reinsurance Solutions, Gianluca Venturini, who will become Reinsurance Solutions’ Italy chair
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Earth observation data: A new frontier
How satellites tracking natural catastrophes from space are an important source of data for innovative re/insurers
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Aon’s Reinsurance Aggregate records strong performance
ARA group achieved a return on equity of 10.9% in 2021 - the best result since 2014