Reinsurance News

Aon Reinsurance Solutions

Lorena Calvo-Demmon joins Aon’s Reinsurance Solutions

23rd May 2023

Lorena Calvo-Demmon has recently joined Aon’s Reinsurance Solutions team as Senior Broker for Latin America, Property. She joins the company after having served at Guy Carpenter for over a decade. Calvo-Demmon most recently held the role of Vice President for the broker’s Facultative Reinsurance business for Latin America. Prior to that, she ... Read the full article

Aon’s Reinsurance Solutions names head of Treaty in Australia, New Zealand

26th April 2023

Global insurance and reinsurance broker Aon appointed Paul Grasso as head of Treaty in Australia and New Zealand for Reinsurance Solutions. Grasso, who has demonstrated expertise in the field, will assist clients in maximizing their capital in a reinsurance market that is becoming more sustainable. Previously, Grasso served as Aon’s head of ... Read the full article

Insurers face challenge of defining their own view on nat cat risks: Aon’s Shedden

21st April 2023

Aon Reinsurance Solutions' Global Head of Analytics, Paul Shedden, stated that insurers are faced with the primary challenge of defining their own view on natural catastrophe risks amidst the escalating volatility of such events. "2022 was another big year for catastrophe losses. Insured losses totalled $132 billion in 2022, 57% above ... Read the full article

David Grigg to lead Aon’s Reinsurance Solutions US cyber team

20th April 2023

Aon’s Reinsurance Solutions has named AXA XL’s David Grigg as Executive Managing Director to lead its US Cyber Reinsurance team. Based in Aon’s New York office, Grigg is to start his new role immediately. He will be reporting to Randy Stanco, co-leader of the New York/New Jersey Reinsurance Treaty Office and ... Read the full article

Swiss Re hires Aon’s Paloma Quiroga Arias as Head Risk Consulting & Analytics

17th April 2023

Reinsurance giant Swiss Re has announced that it has appointed Paloma Quiroga Arias as Head Risk Consulting & Analytics, where she will report to Russell Higginbotham, CEO Reinsurance Solutions. Paloma’s appointment is effective immediately. In her new role, she will lead a team that contains proven risk expertise, as well as deep ... Read the full article

APAC April reinsurance renewals on sounder footing than turbulent 1/1: Aon

30th March 2023

APAC (Asia-Pacific) renewals are proceeding in an orderly fashion as the reinsurance market finds itself on a more sustainable footing following a turbulent 1/1, suggests Aon Reinsurance Solutions APAC CEO, George Attard. Attard states that April 1 is a significant renewal for the Asia Pacific region, which is an important catastrophe ... Read the full article

Latin America continues to present reinsurers with opportunities, says Aon

16th March 2023

According to a report from Aon's Reinsurance Solutions, Latin America continues to present reinsurers with a host of diversification and growth opportunities. Aon's report suggests the renewal outcomes in Latin America varied by territory at January 1, with many catastrophe and loss-exposed markets experiencing price increases and capacity constraints. Property catastrophe reinsurance ... Read the full article

Casualty remains an attractive market for reinsurers, suggests Aon’s Light

14th February 2023

Despite wider reinsurance market headwinds, casualty remains an attractive market for reinsurers, especially as they look for opportunities to diversify away from property catastrophe, says Nigel Light, Global Casualty Leader, Aon Reinsurance Solutions. Light's comments stem from Aon Reinsurance Solutions'  international casualty report, which suggests that the market remains largely stable ... Read the full article

Aon Reinsurance Solutions bolsters Netherlands team with senior hires

7th February 2023

Aon’s Reinsurance Solutions has bolstered its Netherlands team with a series of senior hires. The firm has appointed Kareem Chin as account director, Lieve Decuypere as senior broker, and Jiske Rigter as senior actuary. As account director, Chin will take a lead role in servicing and expanding the Dutch and cross-border client ... Read the full article

Aon’s Reinsurance Solutions delivers 9% organic revenue growth in Q4 2022

3rd February 2023

Global broker Aon's Reinsurance Solutions arm achieved organic revenue growth of 9% in the fourth quarter of 2022, as revenue across the group increased by 2%, year-on-year, to $3.1 billion, reflecting organic revenue growth of 5%. Higher total revenue of $3.1 billion includes the 5% organic revenue growth and a 1% ... Read the full article

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