Reinsurance News
Aon Reinsurance Solutions
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
U.S homeowners’ growth to fall short of overall economy: Aon
30th October 2018
The latest Homeowners’ RoE Outlook report from Aon’s Reinsurance Solutions business has forecast continued growth in U.S homeowners’ insurance premiums, but suggested that it may not be enough for the market to keep pace with the overall U.S economy. Aon found that U.S homeowners’ direct written premiums increased from $91 billion ... Read the full article
Aon reports 8% organic reinsurance revenue growth
26th October 2018
Insurance and reinsurance broking powerhouse Aon has reported 8% organic revenue growth for its reinsurance broking operations during the third-quarter of 2018. Aon's results show that total revenue was flat across the company at $2.3 billion, but that factors in a decrease of $117 million, or 6%, related to the FASB's ... Read the full article