Reinsurance News
Aon news
Aon news, related to the insurance and reinsurance broking operations of the global consultancy and intermediary business.
Aon is one of the world’s largest brokers of both insurance and reinsurance business.
Aon names Jennifer Richards as CEO of Asia Pacific
18th February 2025
Global insurance and reinsurance broker Aon has appointed Jennifer Richards as Chief Executive Officer (CEO) of Asia Pacific (APAC), effective March 1st, 2025, based in Singapore, reporting to Lori Goltermann, CEO of Regions. The appointment sees Richard join the Aon Executive Committee, and she will also move to Singapore in the ... Read the full article
Aon enters co-broking agreement with Protecdiv
17th February 2025
Aon has entered into a co-broking agreement with minority-owned enterprise (MBE) broker Protecdiv to enhance service offerings to U.S.-based public and private sector entities. According to Aon, Protecdiv is the only certified MBE, full-service insurance and reinsurance brokerage firm focused on public entity, specialty and multi-national clients in the property, casualty, ... 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 Thérèse Hamsten as Executive Director W&I
11th February 2025
Global insurance and reinsurance broker Aon has announced the appointment of Thérèse Hamsten as Executive Director of Warranty & Indemnity (W&I) within its M&A and Transaction Solutions team in Stockholm. Hamsten brings eight years of experience from AIG’s M&A group, where she underwrote W&I, tax liability, and contingency risk insurance. She joined ... Read the full article
Aon names Terence Williams as Head of Commercial Risk Solutions, APAC
6th February 2025
Global re/insurance broker Aon has appointed Terence Williams as Head of Commercial Risk Solutions for Asia Pacific (APAC), effective April 2025, based in Singapore. Williams has a dual reporting line to Joe Peiser, Global Chief Executive Officer (CEO) of Commercial Risk Solutions and Anne Corona, CEO of Asia Pacific. As part of ... Read the full article
Aon appoints Wesley Roy as Head of Property ANZ, Reinsurance Solutions
4th February 2025
Global insurance and reinsurance broker Aon has appointed Wesley Roy as Head of Property, Australia and New Zealand, for its Reinsurance Solutions division. Based in Sydney, Roy will lead property best practices, helping clients navigate the complexities of this challenging class and make more informed decisions across the region. He brings over ... Read the full article
Aon optimistic about future of dynamic reinsurance market: Andersen, President
31st January 2025
After reporting 6% organic revenue growth in its Reinsurance Solutions business in the fourth quarter of 2024, broking group Aon remains optimistic about the future of reinsurance, executives at the firm said today. As we wrote earlier, Aon's Reinsurance Solutions generated revenue of $351 million in Q4'24 and 6% organic ... Read the full article
AI opportunities for insurance industry are real and meaningful, says Aon CEO Case
31st January 2025
In an interview with CNBC at Davos 2025, Greg Case, CEO of Aon, emphasised that the opportunities presented by artificial intelligence (AI) are “real and meaningful” for the insurance and reinsurance industry. During the interview, Case also acknowledged the significant challenges posed by volatility, noting that these can be overcome through ... Read the full article
Aon reports strong Q4’24 result as Reinsurance Solutions delivers 6% organic revenue growth
31st January 2025
Global broking group Aon's Reinsurance Solutions segment delivered 6% and 7% organic revenue growth for the fourth quarter and full year 2024, respectively, as the firm highlights another "strong quarter of performance" and "outstanding" full year result. Group-wide, Aon has today announced year-on-year total revenue growth of 23%, or 6% on ... Read the full article
Aon expects continued growth and innovation for UK bulk annuity market in 2025
29th January 2025
Global insurance and reinsurance broking group Aon anticipates continued growth and innovation in the bulk annuity market in 2025, as demand from UK pension schemes remains strong. The total volume of bulk annuity deals completed in the UK in 2024 is expected to range from £45 billion to £50 billion. Improved funding ... Read the full article
Aon launches L&H reinsurance practice in India
23rd January 2025
Global professional services firm Aon has launched a life and health reinsurance practice in India to drive new capital into the sector, naming Renuka Nar and Neha Shah to key leadership roles. According to Aon, the new practice will help bring sustainable reinsurance capacity to India’s life and health insurance sector, ... Read the full article
Aon flags 60% protection gap as nat cat losses reach $368bn in 2024
22nd January 2025
According to Aon, global insurance losses in 2024 were 54% higher than the 21st-century average, covering $145 billion of the $368 billion in natural disaster damages, leaving a protection gap of $223 billion, or 60%. The $368 billion in economic losses caused by natural disasters in 2024, driven primarily by hurricanes ... Read the full article
John Neal to depart Lloyd’s in 2025 and join Aon as Global CEO of Reinsurance
8th January 2025
Lloyd’s, the world's oldest insurance and reinsurance marketplace, announced that its Chief Executive Officer (CEO), John Neal, will step down in 2025 to join broking group Aon as Global CEO of Reinsurance and Global Chairman of Climate Solutions. His departure marks a significant transition for both organisations, reflecting Neal’s influence and ... Read the full article
Reinsurers remain keen to grow property books despite easing of conditions at 1.1: Aon
8th January 2025
Even with the further easing of conditions at 1.1, the property catastrophe reinsurance market is priced to produce target expected returns for reinsurers, according to Aon's Reinsurance Market Dynamics January 2025 Renewal report. With strong capital levels and increased confidence in current pricing and terms, reinsurers are also reportedly eager to ... Read the full article
Aon appoints Renuka Nar as Head of Broking for L&H Reinsurance Solutions, India
8th January 2025
Global insurance and reinsurance broking group Aon has announced the appointment of Renuka Nar as Head of Broking for its Life and Health (L&H) reinsurance business in India. In her new role, Nar will report to Shailendra Sapra, CEO of Reinsurance Solutions, India, and Danny Alexander, Head of Life Reinsurance at ... Read the full article
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