All Aon articles – Page 2
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Aon names Barcock aviation reinsurance leader
Ollie Barcock, the new leader of aviation reinsurance for Aon’s “Global ReSpecialty” arm, joined the broker in 2015.
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Aon names Silitonga to lead its Indonesia business
Based in Jakarta, Marguerita Silitonga is to lead the reinsurance broker’s efforts in southeast Asia’s most populous country.
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Mid-year renewals ‘consolidate’ 1/1 trends – Aon
Aon described a ‘favourable’ July renewal on balance for reinsurance buyers in its Reinsurance Market Dynamics July 2024 report.
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Kus named as head of Aon’s global broking centre
Tracy-Lee Kus served most recently as Aon’s Asia Pacific head of commercial risk.
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Aon announces $350m Ukraine war risk programme
The US International Development Finance Corporation and Aon have announced a $50m war risk reinsurance facility, plus an additional $300m in war risk insurance for Ukraine’s health care and agriculture industries.
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Aon appoints Chen as Asia Pacific leader for agriculture reinsurance
To be based in Singapore, Chen has previously served in Aon’s regional agriculture reinsurance team, focusing on Greater China and Thailand.
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Aon launches first comprehensive carbon capture and storage product
The re/insurance broker said its insurance solution to support energy transition is the first of its kind.
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Aon names Allen as exec MD of reinsurance capital advisory
Will Allen most recently served as CEO of London Innovation Underwriters, which he founded to deploy funds into the Lloyd’s market.
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Aon names Sapra as India Reinsurance Solutions CEO
Aon’s Reinsurance Solutions business in Mumbai has a new chief executive.
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Aon: property cat ‘transitioning’ at April reinsurance renewals
Rates remain broadly flat at previous high levels, according to Aon’s latest Reinsurance Market Dynamics report, focused on the Asia Pacific 1 April 2024 reinsurance renewals.
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Aon Names Romeo as CEO of its Bermuda reinsurance operations
Joining Aon in 2022, previous roles at Bermudan reinsurers include president and head of property of Axis Specialty, and senior underwriter, property catastrophe at PartnerRe.
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2023 was a record year for billion-dollar cats and the protection gap got worse – Aon
The protection gap deteriorated to 69% last year, from 58% in 2022, with insurance covering the cost of $118bn of $380bn in economic losses.
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Aon names Kielty UK CEO
Jane Kielty has more than 20 years’ experience in risk and insurance, spanning the broker’s commercial risk and retail capabilities.
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Smooth 1/1 helped by reinsurer profits, higher pricing across retro and primary markets
Global reinsurance capital surpassed $635bn at the nine-month point of 2023, according to Aon.
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Analysis of Aon’s $13.4bn acquisition of NFP
NFP’s purchase by Aon represents the largest deal ever announced in the global insurance broking sector.
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Aon Client Treaty expands its share of business for 2024
For 2024, all ACT’s existing carriers have renewed their participation with QBE continuing as the lead. Two new carriers have also come on board, Aon revealed.
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Aon promotes Clarke to lead renewables, Global Broking Centre and UK
Clarke was most recently a member of the risk management team at BP and in her new Aon role will report to Jon Wiegand, Aon’s head of power, within its Global Broking Centre.
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Aon combines EMEA and UK CEO roles under Page
Eduardo Dávila, Aon’s CEO for Europe, Middle East and Africa (EMEA), will depart the firm at the end of 2023, the broking firm announced.
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Aon launches FI Protect 360
A London market collaboration to “blend” traditional financial and cyber risks, Aon’s FI Protect 360 has access to $100m capacity per client.
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Fraccalvieri named as EMEA fac leader for Aon Reinsurance Solutions
Nicola Fraccalvierii re-joins from rival reinsurance broker Guy Carpenter, where he led fac across continental European plus London for casualty, specialty and financial lines.