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 revenues stable, buoyed by Reinsurance Solutions growth
28th October 2022
Re/insurance broker Aon has posted flat revenue of $2,696 million for the third quarter of 2022, as growth in its Reinsurance Solutions segment offset a decline in revenues across all other segments. The Reinsurance Solutions segment grew its revenue by 12% to $396 million in Q3, including organic revenue growth of ... Read the full article
Aon study finds prepared leaders make better decisions during volatile times
28th October 2022
Re/insurance broker Aon has released the results of its 2022 Executive Risk Survey, "Making Better Decisions in Uncertain Times" finding that leaders who are making better decisions about risks are better prepared to navigate through and succeed during highly volatile times and economic uncertainty. Aon's research involved conducting 800 interviews with ... Read the full article
William Pembroke named CEO of Aon Thailand
25th October 2022
Global professional services firm, Aon has appointed William Pembroke as chief executive officer of Aon Thailand. Andrew Bentley, who had been leading Aon Thailand over the past 31 years, will move to a senior consultant role. Based in Bangkok, Pembroke will be reporting to Owen Belman, chief executive officer of Asia ... Read the full article
Insured cat losses nearly at $100bn already in 2022: Aon
19th October 2022
Re/insurance broker Aon has reported that year-to-date economic losses, including preliminary estimates for Hurricane Ian, are already at $277 billion year-to-date, of which $99 billion is expected to be covered by public and private insurers. The firm’s latest Global Catastrophe Recap shows that global natural disaster losses by the end of ... Read the full article
P&C underwriting profit rises, but net income falls significantly in H1 for Aon’s cohort of reinsurers
17th October 2022
The latest edition of Aon's Reinsurance Aggregate (ARA) reveals that gross and net property and casualty (P&C) re/insurance premiums, as well as underwriting profit, increased for the group of re/insurers in the broker's universe in H1 2022. However, a dramatic fall in net income in the period, coupled with the ... Read the full article
Aon names Gary Warman as Global Life Leader of STG
13th October 2022
Aon has appointed Gary Warman as global life leader of its Strategy and Technology Group, effective immediately. Warman is a qualified Fellow of the Institute of Actuaries and holds over three decades of experience in the life insurance industry, with significant experience in M&A, capital management, operational efficiency/cost management and developing ... Read the full article
Aon names Baum and Kielty to new UK commercial risk leadership roles
13th October 2022
Professional services firm Aon has overhauled its UK commercial risk leadership team, with James Baum to take on the role of head of wholesale and specialty broking, while Jane Kielty will become head of commercial risk UK. While Baum will continue to lead the Global Broking Centre in London, Kielty will ... Read the full article
Lloyd’s & Aon call for more re/insurance industry support on Ukraine conflict risks
13th October 2022
A new report from the specialist Lloyd's insurance and reinsurance marketplace and Aon, the global re/insurance brokerage, highlights a number of areas and risks that require further action from the industry to help improve resilience as the war in Ukraine continues. With Russia's invasion of Ukraine showing little sign of ending ... Read the full article
Economic picture “exudes turmoil” for homeowners insurers: Aon
7th October 2022
The global macroeconomic picture continues to “exude turmoil” with negative impacts to homeowners insurers, Aon has said as part of its new Homeowners Return on Equity report. Analysts noted that the inflationary environment has had significant implications for reinsurance market capacity and utilization. Inflation adjusted values and claims payments drove both modelled ... Read the full article
Aon names Dell’Aglio as Global Tech Sales Leader of STG division
7th October 2022
Aon has announced the appointment of Morena Dell’Aglio as global technology sales leader within its expanding Strategy and Technology Group. The firm states that Dell’Aglio will be responsible for driving client awareness and innovation across a range of technology propositions, notably Tyche, ReMetrica and PathWise. She will also provide a critical link ... Read the full article
Aon expands reputational risk data and analytics capabilities
6th October 2022
Global professional services firm, Aon, has expanded its data and analytics capabilities for reputational risk with the acquisition of advanced analytics and advisory services provider, Pentland Analytics’ reputation crisis database. The transaction also includes Pentland’s proprietary modelling algorithms and a cloud-based web app for clients. According to the announcement, the reputation crisis ... Read the full article
Aon appoints Shedden as Global Analytics Leader for Reinsurance Solutions
5th October 2022
Aon plc, a leading global professional services firm, has appointed Paul Shedden as its global and UK head of analytics in the firm’s Reinsurance Solutions. Within this role, he will be based in London. Shedden will join the firm on October 17th from Sompo International, where he served as head of Portfolio ... Read the full article
Aon adds industry expert Katherine Kuehn as MD, Cyber Solutions
4th October 2022
Insurance and reinsurance broker Aon has hired Katherine Kuehn from vArmour as Managing Director (MD) within its Cyber Solutions division, where she will build upon her network to develop and provide innovative solutions in the cyber risk space. In her new role, Kuehn will leverage her network of key cyber, government ... Read the full article
Aon appoints Adam Peckman as head of Cyber Solutions, Asia Pacific
27th September 2022
Aon plc has appointed Adam Peckman as head of Cyber Solutions, Asia Pacific. Under Peckman's leadership, Aon’s Cyber Solutions in Asia Pacific will bring together cyber broking, security advisory, incident response and risk consulting capabilities across Singapore, Hong Kong, Japan, Australia and New Zealand. At the same time, Peckman will also retain ... Read the full article
UK government-backed PI scheme for ESW1 assessors launches
26th September 2022
Acrisure partner MGAM, SCOR, Aon, and the UK’s Department for Levelling Up, Housing, and Communities (DLUHC) have said that the new government-backed PI insurance scheme for EWS1 assessors is now open for purchase. The scheme, initially announced in June 2022, is launching in response to the significant shortage of insurance ... 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.
