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.
Inflation a key starting point at 1/1 amid elevated risk environment: Aon panel
23rd September 2022
With the important January 1st, 2023, reinsurance renewals fast approaching, executives from some of the world's largest reinsurers have highlighted inflation as a key starting point, and stressed the need to get paid for the elevated risk environment. Earlier today, Andy Marcell, Chief Executive Officer (CEO) of Aon Reinsurance Solutions, moderated ... Read the full article
Aon announces partnership with Revalue Nature
23rd September 2022
Collaboration between re/insurance broker Aon and Revalue Nature, a next-generation developer of nature-based solutions, will scale the development of high-integrity, nature-based carbon credits to meet growing demand, the broker stated in a recent announcement. This partnership aims to encourage innovation in insurance for nature-based solutions and help deliver climate mitigation benefits, ... Read the full article
Aon names Luise O’Gorman head of ESG Transaction Advisory Services
22nd September 2022
Global professional services firm Aon, has appointed Luise O’Gorman as global head of ESG Transaction Advisory Services, further expanding its M&A and Transaction Solutions practice. In her new role, O’Gorman will lead the creation and development of a holistic Environmental, Social and Governance (ESG) proposition tailored to M&A and other transactions ... Read the full article
Aon names Michal Jursa to top role in Czech Republic
16th September 2022
Aon has named Michal Jursa as its new CEO for its Commercial Risk Solutions divisions in the Czech Republic. Jursa is taking on his role following thirteen years at UniCredit where he was, most recently, executive director and managing director of UniCredit Fleet Management in the Czech Republic and Slovakia. He ... Read the full article
ILS continues to succeed with stable capital and expanded cat bond market: Aon
15th September 2022
Despite industry headwinds, the insurance-linked securities (ILS) market continues to succeed, according to Aon’s Alternative Capital: Growing Markets report, which analyses trends in the sector during the 12-month period through June 30, 2022 The report includes commentary and insights on the catastrophe bond market, transaction activity, ILS-related markets – such as ... Read the full article
Aon names Jeremy Goodman as UK president for Reinsurance Solutions
13th September 2022
Insurance and reinsurance broker Aon has named Jeremy Goodman as the UK president for its Reinsurance Solutions business. Goodman is to take on the role immediately, relocating from Singapore to London, but will maintain his role of head of global broking. As UK president, he replaces Nick Frankland, who will now focus ... Read the full article
Aon appoints Allan Karlsen as Chief Operating Officer for EMEA
13th September 2022
Leading global professional services firm, Aon plc has appointed Allan Karlsen as chief operating officer (COO) EMEA, effective September 5, 2022. The company has also confirmed that Karlsen will continue as interim CEO for Aon Denmark and its subsidiaries. In addition to his role for Aon Denmark, Karlsen also serves as chairman ... Read the full article
Re/insurance industry has a “generational opportunity” to make a difference: Aon’s Case
12th September 2022
Greg Case, the Chief Executive Officer (CEO) of brokerage Aon, believes that the insurance and reinsurance industry is faced with a "generational opportunity" to make a difference. Case addressed an audience this morning at the PwC breakfast briefing in Monte Carlo as part of the 2022 RVS event. "We’re about to continue ... Read the full article
US cyber market premiums shot up by 76% last year: Aon
10th September 2022
The US cyber market saw continued and increasing demand for its products in 2021, according to a new report from re/insurance broker Aon. The report, US Cyber Market Update: 2021 Cyber Insurance Profits and Performance, said the number of insurers in this sector grew from 200 to 214 between 2020 and ... Read the full article
Hugh Barbanell joins Aon as Senior Managing Director for Caribbean Region
9th September 2022
Hugh Barbanell has joined Aon as Senior Managing Director for the Caribbean Region. In this new role, he will be based in Miami, Florida. The announcement was made via LinkedIn, with Barbanell joining the firm after sixteen years with SCOR, where he served as Caribbean Market Manager. Barbanell has over three decades ... Read the full article
Aon appoints Adriana Karaboutis to its Board of Directors
9th September 2022
Global professional services firm Aon, has announced that Adriana Karaboutis, chief information and digital officer of National Grid plc, has been appointed to its Board of Directors. According to the announcement, the Board expects to appoint Karaboutis to the Audit Committee of the Board and the Compliance Sub-Committee of the Audit ... Read the full article
Reinsurance market needs more navigating than in the past: Aon’s Andy Marcell
8th September 2022
The combination of the current inflationary trend and challenges in the property space is driving growth in values and total insurable values (TIVs), leading many buyers of reinsurance to seek more limit at the upcoming renewals. But as reinsurer appetite for property catastrophe business wanes, Aon sees a marketplace "that's ... Read the full article
William Bruce joins Aon to lead climate risk consulting
8th September 2022
Aon has announced the appointment of William Bruce as Global Managing Director of Climate Risk Consulting. Bruce has over twenty-two years of consulting experience and was most recently Global Head of Enterprise Risk Consulting at Willis Towers Watson, where he led a global team that designed and delivered Transition Climate Risk ... Read the full article
US still near peak inflation: Aon
7th September 2022
According to re/insurance broker Aon, the US appears to be nearing, or past peak inflation, with broad inflation still close to a 40-year high of 8.5%, though down from last month’s 9.1% reading. Falling energy prices primarily drove the decrease, says Aon, with building materials and used vehicle prices also seeing lower ... Read the full article
Aon combines expertise and tech under new STG division
7th September 2022
Global insurance and reinsurance broker Aon has unveiled its new Strategy and Technology Group (STG), designed to combine a broad range of insights and software solutions to assist P&C and life re/insurance clients develop flexible and resilient enterprise structures. According to the broker, STG brings together strategic consulting – including claims ... Read the full article
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