All Aon articles – Page 2
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NewsClimate change will add 10%+ to cost of US hurricanes over next 20 years – Aon
Aon’s work with Columbia University has come up with an estimate for the cost of climate change to the reinsurance industry’s peak peril.
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NewsAon names Walker leader of restructured global credit reinsurance team
A restructuring creates a new global credit team within Aon’s Reinsurance Solutions arm.
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NewsAon launches climate analytics, advisory unit
Aon’s new Climate Risk Advisory team will use the broker’s Impact Forecasting models to provide physical risk diagnostics and advisory services on climate-related financial risks.
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NewsAon appoints Marcell CEO of risk capital amid internal reorganisation
Andy Marcell will lead Aon’s commercial risk and reinsurance broking business, part of a restructure for its “Aon United” strategy.
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NewsEnergy storage market has invisible cyber risks – Aon
The broker warned that a lack of robust cyber-security for critical operational technologies may be a weakness for battery storage risks being underwritten.
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Capital market volatility dented reinsurers’ 2022 results – Aon
Aon’s Reinsurance Aggregate finds reinsurers’ net income dipped by more than half last year, producing an average return on equity of 5.2%.
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Aon suggests stability in rates in its reinsurance market report
The broker’s Reinsurance Market Dynamics report for April renewals points to signs of stability, after several torrid renewals for its reinsurance-buying clients.
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NewsGlobal 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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News1/1 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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NewsFederico Casini to head up Howden Italy
He joins as chief executive from Aon SpA, where he was executive chairman
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NewsAon 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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News1/1 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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NewsAXA XL appoints head of Cyber, UK & Lloyd’s
She previously held cyber leadership positions in Aon Cyber Solutions
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NewsNat 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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NewsIan 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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NewsUkraine ‘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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NewsHowden 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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NewsAon 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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NewsDon’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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NewsCat 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
