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 tops reinsurance broker ranking on 2024 revenues, but Guy Carpenter ahead in 2025

7th September 2025

Our ranking of the world's largest reinsurance brokers reveals that, based on revenues, Aon Reinsurance Solutions led the way in 2024, however, Guy Carpenter, the reinsurance broking arm of Marsh McLennan, is ahead in 2025. With revenues of $2.656 billion, Aon Reinsurance Solutions ranked as the world's largest ... Read the full article

Aon appoints Andrew Minnitt as Head of Southeast Asia

5th September 2025

Aon, a global insurance and reinsurance broking group, has announced the appointment of Andrew Minnitt as Head of Southeast Asia. The newly created role brings together Singapore, Indonesia, Malaysia, the Philippines, Thailand, and Vietnam as a unified subregion. Minnitt will expand his current role as Head of Singapore, Indonesia, and Malaysia to ... Read the full article

Buyers can use favourable reinsurance market to seize strategic advantage: Aon

5th September 2025

A new report from Aon has hailed the attractive yet dynamic reinsurance market, noting that buyers can seize a strategic advantage amid global reinsurance capital reaching a record $735 billion as of June 30, 2025. According to the firm's new report, the record reinsurance capital was driven mainly by retained and ... Read the full article

Reinsurers still able to achieve target ROEs with 10%+ property cat rate cuts at Jan 1: Aon’s Hatlestad

4th September 2025

Tracy Hatlestad, Executive Managing Director and Global Property Segment Leader at Aon Reinsurance Solutions, said recently that the broker believes reinsurers will still be able to hit their target ROEs on property catastrophe books even with rate reductions of 10% or greater heading into the January 1st, 2026, renewals. Aon Reinsurance ... Read the full article

Aon names Qin Lu as Head of North Asia

4th September 2025

Aon, a global insurance and reinsurance broking group, has announced the appointment of Qin Lu as Head of North Asia. In this role, Qin will oversee teams across Japan, Korea, Mainland China, Hong Kong, Taiwan, and Macau, uniting them under a single subregion. He will expand his current responsibilities as Head of ... Read the full article

Reinsurance shields Australian insurers from billions in losses: Actuaries Institute

4th September 2025

Australian general insurers spent around AUD2.5 billion on reinsurance last financial year, a strategy that prevented the need for up to AUD70 billion in capital to cover natural disasters and other major claims, according to research from the Actuaries Institute, the professional body representing actuaries in Australia. The Institute’s Dialogue Paper, ... Read the full article

Aon to sell majority of NFP’s wealth business to Madison Dearborn Partners

3rd September 2025

Aon, a global re/insurance broking group, has signed a definitive agreement to sell a significant majority of NFP's wealth business to Madison Dearborn Partners, LLC, a Chicago-based private equity investment firm, for a total consideration estimated to be $2.7 billion at the time of close. NFP is a subsidiary of Aon and ... Read the full article

Aon highlights $5bn reinsurance premium opportunity from emerging casualty risks

3rd September 2025

In its latest casualty sector update, developed in collaboration with Moody's, Aon revealed that emerging risks, such as PFAS contamination, addictive software design, and microplastics, could contribute approximately $5 billion of reinsurance premium annually while also reshaping the liability landscape, presenting insurers and reinsurers with challenges and volatility but also ... Read the full article

Bonjay Koo to lead Enterprise Client solutions for Aon South Korea

2nd September 2025

Aon, a global re/insurance broking group, has announced the appointment of Bonjay Koo as Enterprise Client Leader, Asia Pacific in South Korea. In his new Seoul-based role, Koo will be responsible for the delivery of integrated Risk Capital and Human Capital solutions to Aon’s large multinational and enterprise clients through South ... Read the full article

Mun named Director, Client Management at Aon Reinsurance Malaysia

29th August 2025

Lin Mun, an executive with over 21 years of extensive experience in the insurance and reinsurance industry, has been appointed as Director, Client Management of Aon Reinsurance Malaysia. With a deep understanding of the market and client needs, Mun will use her expertise, strong professional network and valuable industry insight to ... Read the full article

Record $121bn alternative capital signals further growth in ILS market: Aon

28th August 2025

Aon’s latest report has revealed that alternative capital surged to a record $121 billion by June 30, 2025, as cedents increasingly turn to solutions beyond the traditional reinsurance market. H1 2025 saw the structuring of 56 catastrophe bonds with an issuance total of $17 billion, matching the full-year 2024 total in ... Read the full article

Aon appoints Tom Anderson as Head of Professional Services

28th August 2025

Aon, a global insurance and reinsurance broking group, has appointed Tom Anderson as Head of Professional Services, Global Broking Centre (GBC), London. In his new role, Anderson will be responsible for leading and overseeing strategic advisory, operational efficiency, and client service delivery across broking activities for Professional Services in the GBC. He ... Read the full article

Strategic focus drives profitable growth for re/insurers: Aon

26th August 2025

Aon, a global re/insurance broking group, has analysed $2 trillion of insurance premiums to identify the top profitable growth performers, concluding that “strategic focus and relevance consistently drive stronger financial outcomes — regardless of market conditions.” By comparing compound annual growth rates (CAGR) with returns on average equity (RoAE) for 120 ... Read the full article

Aon unveils leadership shift in Commercial Risk business

22nd August 2025

Aon has revealed that in October 2025, Phil Smaje will assume the role of Global Industry Specialty Leader, Transportation & Logistics, succeeding Lee Meyrick, who will become Chair of a newly created Risk Capital Transportation & Logistics vertical until his retirement at the end of 2026. Joe Peiser, CEO of Commercial ... Read the full article

Aon names Tony DeMarco as Reinsurance MD

20th August 2025

Aon, a global insurance and reinsurance broking group, has hired Tony DeMarco from Gallagher Re as Managing Director within its Reinsurance Solutions division, based in New York. In his new role, DeMarco will support the design and execution of casualty placements, drawing on his analytical foundation and international experience. He has over ... Read the full article