All Aon articles – Page 7
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NewsDigital distribution capabilities ‘critical’ to securing SME business says Markel
Aon has interviewed the Co-Chief Executive Officer of Markel Corporation, Richie Whitt, as part of its Virtual Reinsurance Renewal Season fireside chats.
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NewsAon enhances its Severe Convective Storm Modeling Capabilities in collaboration with Athenium Analytics
While tropical cyclones remain the costliest peril for the insurance industry in the United States, triggering USD362 billion in insured losses since 1990, severe convective storms are a close second at USD330 billion.
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NewsEpidemic & Pandemic Insurance contracts less ambiguous in Asia, Says Peak Re Leader Hahn
Aon has interviewed the Chief Executive Officer of reinsurer Peak Re, Franz-Josef Hahn, as part of its Virtual Reinsurance Renewal Season fireside chats. The goal of Aon’s fireside chats is to drive growth across the re/insurance industry in order to bring capital closer to clients’ needs and enable them to ...
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NewsEmployer medical benefit costs to more than triple the rate of inflation globally in 2021, Aon Survey forecasts
The costs of employer medical benefits across the world are forecasted to rise 7.2 percent in 2021, outpacing general inflation by 5.0 percent, according to the 2021 Global Medical Trend Rates Report released today by Aon plc, a leading global professional services firm providing a broad range of risk, retirement ...
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NewsGreece and Portugal count cost of September storms
Medicane Ianos brought rough seas, damaging winds, and flooding rainfall to western and southern regions of Greece
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NewsChina flood losses up to $32 billion
Total combined economic losses of seasonal monsoon flooding in China are likely to exceed CNY220 billion ($32 billion)
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NewsAon announces launch of new solution to create greater access to capital based on the value of an organisation’s IP portfolio
Aon, today announced, the launch of its Intellectual Property (IP) Capital Market Solution along with the close of a significant IP-backed lending transaction worth over $100 million, believed to be the largest such transaction ever consummated. “Aon is committed to helping clients navigate an increasingly complex world. The launch ...
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NewsCOVID-19 accelerating digitisation trend among Insurers, Says Chubb’s John Keogh
During the most recent fireside chat, hosted by Eric Andersen, President of Aon, Keogh said that the novel coronavirus (COVID-19) pandemic is giving the re/insurance industry a ‘huge shove’ forward in the trend towards digitisation, which would help improve interactions with clients. “I think the understanding of the customer experience ...
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NewsAon democratizes access to catastrophe data by supporting open data formats curated by Oasis
Aon is enabling re/insurers to easily convert their catastrophe data into the Open Exposure Data format to allow more vendor model choice and enable broader risk management insights. Following the costliest decade on record, economic losses from natural disasters reached USD75 billion in the first half of 2020 and reinforced ...
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NewsThe Rooney Rule: Could it improve the recruitment and retention of ethnic minorities in insurance?
The recruitment and retention of ethnic minority staff in the insurance industry has been an ongoing issue – and one that was reawakened after protests by the Black Lives Matter movement. Although some firms such as Aon have put schemes in place to help, the African Caribbean Insurance Network ...
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ViewpointsAon: Developing the Asian modelling landscape
Catastrophe risk poses one of the big challenges for Asia Pacific’s economies. Modelling solutions need to keep up with the reinsurance market’s developing exposures, Brad Weir, Head of Analytics for Asia at Aon’s Reinsurance Solutions business tells GR.
