Reinsurance News

Aon Reinsurance Solutions

2023 renewals the most challenging in a generation, says Aon’s Monaghan

19th January 2023

According to Joe Monaghan, Global Growth Leader Reinsurance Solutions, Aon, the January 2023 renewals were the most challenging in a generation as the reinsurance market underwent a fundamental shift in pricing and risk appetite, marking a moment of truth for the industry and a new reality for buyers. Monaghan states that ... Read the full article

Challenges & opportunities ahead for Florida market: Aon’s Dittman

20th December 2022

According to Chris Dittman, Head of Florida Strategy for Aon’s Reinsurance Solutions, the state's reinsurance market is in a period of uncertainty as macroeconomic volatility and changing loss trends alter the supply and demand dynamic, however, he suggests there are still opportunities to achieve favourable outcomes at the upcoming renewals. In ... Read the full article

Aon names new Head of Articulating Value, Reinsurance Solutions

20th December 2022

Professional services firm Aon has appointed Paloma Quiroga Arias as Head of Articulating Value, Reinsurance Solutions. In this role, she will support Aon's long term global growth strategy, developing and tailoring value propositions that maximises the value that the firm delivers to its clients. Paloma has worked for Aon since 2013. In ... Read the full article

Aon names two new leaders in Reinsurance Solutions APAC team

29th November 2022

Re/insurance broker Aon has named Robert De Souza and John Carroll to new roles within its Reinsurance Solutions Asia Pacific (APAC) team. Robert De Souza, who is currently Reinsurance Solutions’ CEO of Australia and New Zealand and chairman of APAC, will now become Reinsurance Solutions’ president of APAC. The firm states that ... Read the full article

Aon hires Senior Marine Broker within Reinsurance Solutions division

28th November 2022

Re/insurance broker Aon has appointed Ronnie Tyler as a Senior Marine Broker in the firms Reinsurance Solutions division. Tyler joins Aon from Gallagher Re, where he previously served as a Divisional Director for just under four years. Prior to that role, he served as a marine and energy reinsurance broker for ... Read the full article

Renewals is a time to move towards and not away from risk: Aon’s Marcell

23rd November 2022

This next renewals period is a time for reinsurers to move towards risk and not away from it in order to showcase what the industry does best, according to Andy Marcell, CEO of Aon Reinsurance Solutions. For more than 400 years, re/insurers have provided a vital foundation for economic trade and ... Read the full article

Aon Indonesia hires Inti Amaliah as head of reinsurance solutions

22nd November 2022

Aon Indonesia, a regional subsidiary of the global re/insurance broker, has brought Inti Amaliah onboard as its new head of reinsurance solutions. The firm announced the hire through a post on LinkedIn. Amaliah’s own LinkedIn profile indicates that she is joining Aon Indonesia after over five years at Willis Re, where she ... Read the full article

Canadian re/insurers turning to capital markets amid volatility: Aon

3rd November 2022

Analysts at Aon have reported that insurers and reinsurers in the Canadian market are increasingly to turning to the alternative capital markets to navigate challenging conditions. The broker notes that 2021 ended with positive results for the Canadian market, and profitable results for the global reinsurance market for the first time ... Read the full article

There’s a lot going on in reinsurance, but ‘this is our wheelhouse’: Aon’s Andersen & Case

28th October 2022

It's clear that the property catastrophe market is going to be challenging in 2023, but while the market shifts there are levers out there re/insurance broker Aon is able to utilise to help clients de-risk. After all, "this is our wheelhouse," explained Greg Case, Chief Executive Officer (CEO). After reporting ... Read the full article

Aon revenues stable, buoyed by Reinsurance Solutions growth

28th October 2022

Re/insurance broker Aon has posted flat revenue of $2,696 million for the third quarter of 2022, as growth in its Reinsurance Solutions segment offset a decline in revenues across all other segments. The Reinsurance Solutions segment grew its revenue by 12% to $396 million in Q3, including organic revenue growth of ... Read the full article

P&C underwriting profit rises, but net income falls significantly in H1 for Aon’s cohort of reinsurers

17th October 2022

The latest edition of Aon's Reinsurance Aggregate (ARA) reveals that gross and net property and casualty (P&C) re/insurance premiums, as well as underwriting profit, increased for the group of re/insurers in the broker's universe in H1 2022. However, a dramatic fall in net income in the period, coupled with the ... Read the full article

Aon appoints Shedden as Global Analytics Leader for Reinsurance Solutions

5th October 2022

Aon plc, a leading global professional services firm, has appointed Paul Shedden as its global and UK head of analytics in the firm’s Reinsurance Solutions. Within this role, he will be based in London. Shedden will join the firm on October 17th from Sompo International, where he served as head of Portfolio ... Read the full article

Aon names Jeremy Goodman as UK president for Reinsurance Solutions

13th September 2022

Insurance and reinsurance broker Aon has named Jeremy Goodman as the UK president for its Reinsurance Solutions business. Goodman is to take on the role immediately, relocating from Singapore to London, but will maintain his role of head of global broking. As UK president, he replaces Nick Frankland, who will now focus ... Read the full article

Re/insurance industry has a “generational opportunity” to make a difference: Aon’s Case

12th September 2022

Greg Case, the Chief Executive Officer (CEO) of brokerage Aon, believes that the insurance and reinsurance industry is faced with a "generational opportunity" to make a difference. Case addressed an audience this morning at the PwC breakfast briefing in Monte Carlo as part of the 2022 RVS event. "We’re about to continue ... Read the full article

Reinsurance market needs more navigating than in the past: Aon’s Andy Marcell

8th September 2022

The combination of the current inflationary trend and challenges in the property space is driving growth in values and total insurable values (TIVs), leading many buyers of reinsurance to seek more limit at the upcoming renewals. But as reinsurer appetite for property catastrophe business wanes, Aon sees a marketplace "that's ... Read the full article