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 appoints Darren Oliver Head of Philippines, Thailand and Vietnam
6th March 2024
Insurance and reinsurance broker Aon has announced the appointment of Darren T. Oliver as Head of Philippines, Thailand and Vietnam, with immediate effect. In his new role, based in Manila, Philippines, Oliver will be responsible for leading the new sub-region to better reflect the clients and industries the broker serves. He will ... Read the full article
Aon hires Suzanne Hughes as Head of Credit Solutions, Ireland
5th March 2024
Re/insurance broker Aon has announced that Suzanne Hughes has joined the company as Head of Credit Solutions, Ireland. In the role, she will hold responsibility for leading Aon's Credit Solutions business and client strategy in Ireland, in close cooperation with the firm's central and international teams. She joins the broker with over ... Read the full article
Aon names Roman Romeo as CEO of Bermuda Reinsurance
4th March 2024
Aon, a global professional services firm, has named Roman Romeo as Chief Executive Officer (CEO) of its Reinsurance Solutions Bermuda unit, effective April 1, 2024. The company has also confirmed that Tony Fox, CEO and Chairman of Reinsurance Solutions Bermuda, will remain serving as Chairman. In his new role, Romeo will be ... Read the full article
Aon appoints Rishi Mehra as Head of India
4th March 2024
Insurance and reinsurance broker Aon has named Rishi Mehra as the Head of India, reporting to Anne Corona, Chief Executive Officer of Asia Pacific. Mehra will begin transitioning to his new role immediately and will be based in Mumbai by mid-2024. The appointment sees Mehra join Aon’s Asia Pacific Executive Committee ... Read the full article
Record-breaking Texas fires to drive losses in hundreds of millions USD
1st March 2024
According to Aon, the Smokehouse Creek Fire in Texas has already burned more than a million acres, becoming one of the largest fires in recorded state history and potentially contributing to total aggregate losses in the hundreds of millions USD. Aon's weekly cat report explained that hot and windy conditions have ... Read the full article
Aon names Tracy Lee Kus Head of North Asia, comprising Japan and Korea
1st March 2024
Aon has announced the appointment of Tracy Lee Kus as Head of North Asia, comprising Japan and Korea, with immediate effect. In the new role, Kus will reportedly work closely with Tatsuya Yamamoto, Head of Aon Japan, and Kevin Kim, Head of Aon Korea. Aon explained that the move builds on "the ... Read the full article
Ralf Mutzke joins Aon’s M&A and Transaction Solutions team
26th February 2024
Insurance and reinsurance broker Aon has hired Ralf Mutzke as Director Cyber Security - M&A and Transaction Advisory Services at Aon Deutschland. A renowned figure across the industry, Mutzke is a seasoned cyber security expert having worked in a variety of security consulting and CISO roles for two decades. In his most recent ... Read the full article
Aon and The Jacobson Group reveal staff increase trends in insurance industry
26th February 2024
The latest Insurance Labor Market Study, conducted by the insurance recruiting firm, The Jacobson Group, in collaboration with re/insurance broker, Aon, provides insights into the staffing trends within the insurance industry for 2024. According to the study, 90% of respondents plan to either increase or maintain their staff size this ... Read the full article
Aon names Alicia Goosen to head of Professional Services GBC, London
23rd February 2024
Aon, a global professional services firm, recently announced the appointment of Alicia Goosen to the position of Head of Professional Services Group in the Global Broking Centre (GBC). In this role, she will collaborate with teams from around the world to support Aon’s growth within the professional services sector. Based in ... Read the full article
Aon and NFP acquisition agreement clears antitrust waiting period
21st February 2024
Aon's previously announced $13.4 billion acquisition agreement with middle-market P&C broker NFP continues to gain traction, with the waiting period having now expired under the Hart-Scott-Rodino (HRS) Antitrust Improvements Act of 1976. For those unaware, the HSR Act requires firms involved in mergers and acquisitions above a certain value to ... Read the full article
Aon appoints Smaje Global CBO for transportation & logistics, Commercial Risk
21st February 2024
Aon plc, the global professional services firm, has appointed Phil Smaje as Global Chief Broking Officer, transportation and logistics for Commercial Risk. He will be based in Aon’s London office and report to Lee Meyrick, Global Industry Specialty leader, transportation and logistics and Chief Executive Officer, global marine for Commercial Risk ... Read the full article
Aon hires Alok Mathur as Chief Operating Officer for Human Capital
16th February 2024
Global professional services firm Aon, has announced that Alok Mathur will be joining the firm as Chief Operating Officer (COO) for Human Capital, effective February 19, 2024. In the role, Mathur will be based out of Aon’s London office. He will report to Mindy Simon, chief operating officer for Aon, and Lambros ... Read the full article
Aon seeds AXA IM carbon transition bond fund
14th February 2024
In a strategic move towards bolstering sustainable investment portfolios, Aon seeds AXA Investment Managers (AXA IM) carbon transition bond fund aimed at facilitating the transition to net zero emissions. The initiative has been jumpstarted with a significant £127 million seed capital infusion from Aon, a prominent professional services and investment consulting ... Read the full article
Global insurance market sees moderate pricing pressures amid capacity expansion and underwriting flexibility: Aon
13th February 2024
In the fourth quarter of 2023, the global insurance market exhibited resilience in the face of inflationary pressures, according to the latest insights from Aon's Q4 Global Insurance Market Dynamics report. Despite inflationary forces, pricing in the insurance market remained relatively moderate. However, risks with challenged profiles and adverse loss experiences, such ... Read the full article
Demand for parametric solutions to increase in 2024: Aon
9th February 2024
Demand for parametric covers from corporates and public entities will continue to increase to provide quick liquidity after a disruptive event, address gaps in traditional insurance coverage, and cover non-traditional risks, according to Aon's Q4 2023 Global Insurance Market Insights Report. Aon suggested that parametric solutions have now been tested in ... Read the full article
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