Reinsurance News

Aon Reinsurance Solutions

Aon reports strong Q1 as Reinsurance Solutions delivers 7% organic growth

29th April 2022

Aon's Reinsurance Solutions unit witnessed a 6% rise in revenue in the first-quarter of 2022 to $976 million, as the broker reports organic revenue growth of 8% across the business in the period. At $3.7 billion, insurance and reinsurance broker Aon's total revenue increased by 4% in Q1 2022 when compared ... Read the full article

Aon’s Reinsurance Solutions contributes to robust revenue growth in 2021

4th February 2022

Global broker Aon has reported an increase in total revenue of 4% to $3.1 billion for the fourth quarter of 2021 and growth of 10% to $12.2 billion for the full year, driven in part by an improved performance in its Commercial Risk Solutions and Reinsurance Solutions segments. For the quarter, ... Read the full article

Climate change is front and centre for reinsurers, say Aon execs

8th September 2021

As industry losses from so-called secondary perils such as wildfires, winter storms and floods continue to rise, coupled with the expectation of more frequent and severe events in general, climate change is "front and centre in most people's thinking," according to Andy Marcell, Chief Executive Officer (CEO) of Aon's Reinsurance ... Read the full article

Aon hires Tasha Barbour as Managing Director for Reinsurance Solutions

3rd August 2021

Aon plc has appointed Tasha Barbour to the Managed Care team of Aon’s Reinsurance Solutions in the United States. In her position as Managing Director, Barbour will oversee new business development, including bringing innovative reinsurance and stop-loss solutions to support a variety of Managed Care organisations nationally. She will be based in ... Read the full article

Marcus Taylor joins Aon’s Global ReSpecialty division

3rd December 2020

Marcus Taylor has joined the Global ReSpecialty division of global broker Aon's Reinsurance Solutions arm, focusing on Non-Marine and Specialty business, effective December 2nd, 2020. As part of the Global ReSpecialty team, which has a focus on large reinsurance and retrocession deals, Taylor reports to Richard Wheeler, Divisional Director for Non-Marine ... Read the full article

Stephen Pett joins Aon Reinsurance Solutions in Bermuda as a VP & broker

14th September 2020

Insurance and reinsurance broker Aon has announced that Stephen Pett, formerly of Nephila Capital, is to joins its Reinsurance Solutions operation in Bermuda as a Vice President and broker. Pett is expected to join Aon in Bermuda on September 15th, 2020 and will have a focus on industry loss warranties (ILWs) ... Read the full article

Aon sees Willis Re as complementary, divestiture unnecessary: Execs

31st July 2020

Aon's senior leadership, including CEO Greg Case, explained today during a quarterly earnings call that the company isn't expecting to need to divest significantly, as it combines with Willis Towers Watson (WTW) when the acquisition is realised. Case, the Chief Executive Officer of insurance and reinsurance broker powerhouse Aon, said before ... Read the full article

Aon reports organic reinsurance revenue growth of 9%

1st May 2020

Re/insurance broker Aon has reported overall revenue growth of 2% to $3.2 billion in the first quarter of 2020, including organic revenue growth of 5%. The result was supported by organic revenue growth of 9% in its Reinsurance Solutions division, the strongest growth of all Aon segments, but still slightly down ... Read the full article

Aon promotes Tassarotti to Deputy CEO, Global Facultative reinsurance

10th February 2020

Luca Tassarotti has been promoted to the role of Deputy CEO, Global Facultative in the broking groups Aon Reinsurance Solutions division. Tassarotti had previous held a European facultative reinsurance focused position as the Deputy CEO of Facultative reinsurance for the Europe, Middle East and Africa (EMEA) region at Aon. The company confirmed ... Read the full article

Aon’s Reinsurance Solutions names LatAm CEO

8th January 2020

Global insurance brokerage Aon has announced Pablo Munoz as the new Chief Executive Officer (CEO) for Reinsurance Solutions in Latin America, succeeding Alejandro Galizia. Munoz first joined Aon in 2008 and during his time with the re/insurance broker has held a number of leadership roles, playing an important role in the ... Read the full article

Aon’s Johnston & Komposch join Guy Carpenter, Bermuda

12th November 2019

Guy Carpenter, the reinsurance broking arm of Marsh & McLennan Companies, has appointed Robert Johnston as Chairman of its Bermuda operations, and Peter Komposch as Head of Casualty and Specialty, Bermuda. The appointments are effective immediately and both Johnston and Komposch join Guy Carpenter from rival brokerage Aon. Johnston brings almost two ... Read the full article

Gero Michel joins Aon’s Reinsurance Solutions unit to lead UK & EMEA Analytics

2nd September 2019

Gero Michel has joined Aon from Chaucer to lead the re/insurance broker's UK & EMEA Analytics for its Reinsurance Solutions division. In his new role he will report to Eric Paire, Head of Capital Advisory, International, Aon's Reinsurance Solutions business. He will be responsible for devising and driving analytics innovation and strategy ... Read the full article

Aon names Don Magee as UK Chairman, Reinsurance Solutions

16th August 2019

Insurance and reinsurance broking group Aon has named one of its long-standing senior leaders Don Magee as its new UK Chairman of the Aon Reinsurance Solutions business. Magee has significant industry experience, having first joined Benfield, Lovick & Rees back in 1991, and previously working at Hall, Harford Jeffreys International, Thomas ... Read the full article

Major reinsurance brokers collaborate on distributed ledger technology

15th May 2019

The Reinsurance Solutions arm of Aon, reinsurance broker Guy Carpenter and other industry partners, including RenaissanceRe and Everest Re, have worked with The Institutes RiskStream Collaborative on the use of distributed ledger technology (DLT). According to an announcement, the joint effort targets the delivery of greater efficiency to the placement of ... Read the full article

Aon creates new Global Construction & Inland Marine unit

23rd April 2019

Global insurance and reinsurance broker, Aon, has announced the combination of its Construction & Engineering and Inland Marine teams into a single practice within its Reinsurance Solutions operation. The new unit will be known as the Global Construction & Inland Marine practice group, and Aon states that its formation reflects recognised ... Read the full article