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.
April US floods & SCS to drive hundreds of millions in insured losses: Aon
11th April 2025
Persistent flooding and severe weather across parts of the Mississippi River Valley from April 2 to 7 are expected to result in insured losses reaching into the hundreds of millions of USD, according to Aon’s weekly catastrophe report. Continuous storm development along a stagnant frontal boundary during this period brought heavy ... Read the full article
Aon appoints Erlantz Urbieta as Chief Broking Officer for EMEA
11th April 2025
Global insurance and reinsurance broker Aon has appointed Erlantz Urbieta as Chief Broking Officer (CBO) for Europe, the Middle East and Asia (EMEA), effective immediately. Urbieta succeeds Terence Williams, who will assume the role of Head of Commercial Risk in APAC. In the new role, Urbieta will have a dual reporting line ... Read the full article
Luke Proctor to lead Aon’s Reinsurance Analytics for UK and Bermuda
9th April 2025
Global insurance and reinsurance broker Aon has announced the appointment of Luke Proctor as Head of Reinsurance Analytics for UK and Bermuda. “Analytics is fundamental to how we understand risk here at Aon. Luke will be leading the strategic direction of Reinsurance analytics capabilities in the UK and Bermuda to help ... Read the full article
Aon names Lim Agriculture Retrocession Leader in Singapore
4th April 2025
Global insurance and reinsurance broker Aon has appointed Natalie Lim as Agriculture Retrocession Leader in Singapore. In her new role, Lim will focus on agriculture retrocession business and the development of new agriculture insurance solutions in the region. Lim joined Aon in September 2017 as Senior Broker, Livestock Specialist, and was appointed ... Read the full article
Aon launches five-step framework to manage SCS exposure
4th April 2025
Global insurance and reinsurance broker Aon has launched its Severe Convective Storm (SCS) Five-Step Framework, a structured approach designed to help insurers mitigate weather volatility across their portfolios. Since 2015, annual US SCS insured losses have averaged $33 billion, according to Aon’s data, marking a 90% increase compared to the previous ... Read the full article
Well-balanced reinsurance supply & demand in Greater China at 1.4 renewals: Aon
4th April 2025
Reinsurance supply and demand in Greater China are well-balanced at the start of 2025, with reinsurance conditions at the April 1 renewals building on the favourable trends seen at 1.1, according to global insurance and reinsurance broker Aon. In its recent Reinsurance Market Dynamics report, Aon noted that in the Greater ... Read the full article
Aon expects over $7.5bn of additional US property cat reinsurance demand at mid-year renewals
2nd April 2025
As reinsurance capital continues to grow and keep pace with increasing demand from buyers, broking group Aon's Reinsurance Solutions arm expects more than $7.5 billion of additional US property catastrophe limit demand at the mid-year renewals. The June and July reinsurance renewals are key for the US property cat market, and ... Read the full article
India reinsurance market conditions improved at 1.4 amid strong demand: Aon
2nd April 2025
Increased competition, capacity and engagement have improved the Indian reinsurance market conditions at the recent April renewals, according to a market update by Aon, a risk management and professional services firm. Aon disclosed that reinsurers are keen to grow in the region, as most placements achieved single-digit reductions for property reinsurance, ... Read the full article
Reinsurers willing to deploy additional capacity at Asia April 1 renewals: Aon
1st April 2025
Aon, a global risk management and professional services firm, has released its 2025 April Reinsurance Market Dynamics Report, detailing favourable conditions for buyers during the April 1 renewals, a period heavily focused on Asia and particularly Japan. According to Aon, reinsurers displayed a strong willingness to deploy additional capacity at this ... Read the full article
UK bulk annuity market hits record £47.6bn in 2024: Aon
1st April 2025
Aon, a risk management and professional services firm, has provided its 2024 UK Risk Settlement Market Update, highlighting a year of significant milestones for the bulk annuity and longevity swap markets. According to the report, the UK bulk annuity market witnessed exceptional activity in 2024, setting new records in both transaction ... Read the full article
Growth in traditional & alternative takes total reinsurer capital to new high of $715bn in 2024: Aon
1st April 2025
Global reinsurer capital increased by almost 7% over the course of 2024 to a new high of $715 billion, driven by strong retained earnings and an expanding catastrophe bond market, according to insurance and reinsurance broking group, Aon. Aon's April 2025 Reinsurance Market Dynamics report explores key market trends in the ... Read the full article
Aon appoints leaders to new APAC roles including CEO of Asia Reinsurance Solutions
31st March 2025
Global re/insurance broking group Aon has named Soeren Soltysiak as Asia Chief Executive Officer (CEO), Reinsurance Solutions, alongside a number of other appointments designed to elevate its reinsurance leadership in the Asia Pacific (APAC) region. Based in Singapore, Soltysiak reports to George Attard, APAC CEO of Reinsurance Solutions at Aon. In his ... Read the full article
Ukrainian companies start to benefit from Aon & EBRD fully operational war risk insurance facility
31st March 2025
Now fully operational, the Ukraine Recovery and Reconstruction Guarantee Facility (URGF) is enabling companies operating in Ukraine to access a wider range of war risk insurance options. The URGF was launched by Aon and the European Bank for Reconstruction and Development (EBRD) back in December 2024, with global speciality reinsurer ... Read the full article
Esther Kim joins Aon’s Korea team as Director, Treaty
24th March 2025
Global insurance and reinsurance broker Aon has announced the appointment of Esther Kim as Director, Treaty on the Korea and Regional team. The executive, who brings over 15 years of experience to her new role, will be based in Singapore and report to Katy Fairweather, Aon’s Head of Global Reinsurance Clients, ... Read the full article
Aon promotes Gaspa Rebull, expands Global Risk Analytics leadership
21st March 2025
Global insurance and reinsurance broker Aon has promoted Oriol Gaspa Rebull to global head of analytics strategy and operations for Risk Capital, and also announced three additional new leaders. Within the analytics team, Aon has also appointed Hetul Patel as Head of International Casualty Analytics, Gregory Larcher as US Head of ... Read the full article
Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.
