All Aon articles – Page 3
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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.
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Aon names MacMillan chief broking officer for UK commercial risk
Aon’s new top broker for UK commercial business previously worked in senior roles at Aviva, Marsh and Ardonagh.
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Aon Reinsurance Solutions records 9% organic growth
The reinsurance broker’s revenue growth in the second quarter reflected strong increase in treaty, driven by strong retention and continued net new business generation.
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Polo, Aon get approval for wildfire Lloyd’s Syndicate 1996
The wildfire risk is the latest of Lloyd’s “Syndicate-in-a-Box” programme.
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Tech expected to lead M&A, environmental litigation top risk
Almost half of execs expect an uptick in mergers and acquisitions, with technology, media and telecoms expected to be the most prolific sector for transactions, according to an Aon, Mergermarket study.
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Aon Reinsurance Solutions announces "simplified" UK exec structure
The reinsurance broker said it has changed its UK leadership structure to drive growth and collaboration.
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Reinsurance market moves to more stable footing – Aon
Mid-year renewals show order returning as pressure on pricing and T&Cs eased compared to 1/1, the re/insurance broker has reported, but double digit rises recorded on Australian business.
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Aon touts $200bn transformative tech opportunity for insurers
Prescriptive Analytics alone will generate more than $100bn in fresh premium by 2030, according to the re/insurance broker.
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London market in the vanguard of Ukraine reconstruction plans
What has been agreed in London to support Ukrainian reconstruction? Marsh McLennan, Lloyd’s, Aon and VIG joined G7 Governments in pledging their support to rebuild Ukraine’s shattered economy.
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Climate 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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Aon 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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Aon 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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Aon 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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Energy 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.