Reinsurance News
Aon Securities
Kingstone Insurance secures $125m in multi-year named storm reinsurance with first cat bond
23rd May 2025
Property and casualty insurance holding company, Kingstone Companies, Inc., has announced the successful issuance of a $125 million catastrophe bond, 1886 Re Ltd. (Series 2025-1), the first to Rule 144A deal for sponsor Kingstone Insurance Company, and which provides the firm with a four year source of US named ... Read the full article
Aon Securities arranges $500m surplus note for California-based CSAA
12th February 2025
Insurance and reinsurance broker Aon's investment banking and capital markets division, Aon Securities, has structured and placed $500 million surplus notes issued by Northern California insurer CSAA Insurance Exchange, Reinsurance News understands. The $500 million, 8.125% surplus notes, due February 2045, have been assigned a Long-Term Issue Credit Rating of “a-” ... Read the full article
Aon appoints Schultz Vice Chair of Reinsurance Solutions, Pennay named CEO of Aon Securities
3rd October 2024
Global insurance and reinsurance broking group Aon has appointed Paul Schultz as Vice Chair of its Reinsurance Solutions arm, with Richard Pennay taking over as Chief Executive Officer (CEO) of Aon Securities, the firm's capital markets and insurance-linked securities (ILS) specialist division. Over the past two decades, Schultz led the Aon ... Read the full article
Pool Re selects Aon Securities & Howden Capital Markets for ILS advisory contract
22nd August 2024
Pool Re, a UK terrorism reinsurer, announces that following a competitive tender process, it has selected Aon Securities Limited and Howden Capital Markets and Advisory for an insurance-linked securities (ILS) advisory contract. Previously, Pool Re has secured reinsurance protection through catastrophe bonds, successfully raising a total of £175 million in ILS ... Read the full article
Groupama issues €150 million Quercus Re DAC Cat bond
22nd July 2024
French mutual re/insurance company Groupama has issued a new Cat bond Aggregate to protect its climatic exposures in France, placed and structured by the Aon Securities team. The €150 million Quercus Re DAC Cat bond came into effect on July 19, its coverage has been designed to run across a ... Read the full article
Reinsurance is again “performing quite well”, says Paul Schultz, Aon Securities
2nd June 2020
While the COVID-19 pandemic brings new challenges, the reinsurance industry is once again performing well during a time of major financial market disruption, according to Paul Schultz, Chief Executive Officer (CEO) of Aon Securities. As part of our sister publication Artemis' series of video interviews with experts and leaders from ... Read the full article
Total cat bond issuance surpasses $100bn: Aon Securities
13th January 2020
Aon Securities, the investment banking division of re/insurance broker Aon, has reported that the catastrophe bond sector has now surpassed $100 billion in cumulative issuance. The sector, which began with the placement of a $45 million all-peril cat bond in 1996, has seen a gradual increase in the utilisation of insurance-linked ... Read the full article
Aon Securities launches Randolph Re for private cat bond placements
22nd November 2019
Aon Securities, the investment banking division of re/insurance brokerage Aon plc, has announced the launch of its new private placement catastrophe bond platform, Randolph Re. Randolph Re broadens the scope of Aon’s insurance-linked securities (ILS) offering, providing clients with a dedicated platform for private placement transactions above $25 million in issuance ... Read the full article
Alternative capital poised to resume growth after flat 2018, says Aon
6th September 2019
The insurance-linked securities (ILS) sector is poised to resume growth following a plateau in 2018, according to a new report by Aon, which found that catastrophe bond levels had remained consistent year-over-year despite challenging market conditions. Aon established that $5.4 billion of catastrophe bonds, including life and health, were issued in ... Read the full article
Aon Securities reveals key role in Chaucer acquisition, Peak Re sidecar
12th April 2019
Aon Securities, the investment banking division of Aon, has detailed its involvement in two significant transactions on behalf of Asia re/insurers. Aon Securities served as the sole buy-side mergers and acquisitions advisor to China Re on its recent acquisition of Chaucer. China Re wrapped up its acquisition of the London-based and ... Read the full article
Alternative reinsurance capital increasing in size and maturity: Aon Securities
9th September 2018
As at June 30th, 2018, the volume of alternative capital in the re/insurance industry reached a record $98 billion, according to the investment banking division of insurance and reinsurance broker Aon, Aon Securities. Aon Securities recently published its annual report on the insurance-linked securities (ILS) space, which highlights continued growth across ... Read the full article
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