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 becomes first broker to sign up to UN’s Principles for Sustainable Insurance
6th June 2018
Aon has become the first risk advisor and broker to sign up to the United Nation's Principles for Sustainable Insurance (PSI), which were created to serve as an international framework and initiative for the insurance sector to leverage its unique risk expertise to create a safer, healthier, and more sustainable ... Read the full article
Aon names Marcell CEO of new Reinsurance Solutions division
31st May 2018
Global broking powerhouse Aon has announced that Andrew Marcell has been appointed as the firms Chief Executive Officer of its new Reinsurance Solutions division, effective immediately. Aon recently announced a rebranding of its reinsurance broking unit Aon Benfield to just Aon and has split its operations into new Solutions divisions, one ... Read the full article
Aon establishes new Carrier Solutions groups, appoints Hennessy as CEO
30th May 2018
Re/insurance broker Aon plc has established a new Carrier Solutions group as part of its brand restructure, and has appointed Karl Hennessy as Chief Executive Officer (CEO). The newly formed group is designed to support Aon’s network of Managing General Agents (MGAs) and Managing General Underwriters (MGUs) by delivering innovative products, ... Read the full article
Weather & Climate Risk Innovation Network launched by Aon
24th May 2018
Sector knowledge, experience and expertise from across Aon has been galvanised to create its new Weather & Climate Risk Innovation network, after the firm's Impact Forecasting unit estimated losses from weather events in 2017 topped out at approximately $344 billion. The initiative has been created to address weather and climate risks ... Read the full article
Aon launches Intellectual Property Solutions group, appoints Lewis Lee as CEO
24th May 2018
Leading insurance and reinsurance broker Aon has announced today the the launch of its intellectual Property (IP) Solutions group, in a move aimed at providing increased industry knowledge for clients via an emphasis on strong analytical tools and strategic hiring. To accomplish this, Aon acquired IP industry leader 601West, appointing the ... Read the full article
Aon confident of resurgent longevity swap market
18th May 2018
Following their role as lead transaction advisor for Zurich’s recent longevity swap, covering more than £2 billion of the pensioner liabilities of the National Grid Electricity Group of the Electricity Supply Pension Scheme (ESPS), Aon believes that the longevity swap market is back in business. The transaction, which we covered ... Read the full article
Aon names John English CEO of Aon Captive & Insurance Management
17th May 2018
Insurance and reinsurance broker Aon has announced the appointment of John English as Chief Executive Officer (CEO), Aon Captive & Insurance Management, effective June 1st, 2018. Currently Chief Operating Officer (COO) of Aon Captive & Insurance Management & Managing Director of Aon Captive & Insurance Management EMEA, English has been with ... Read the full article
Insurability of GDPR risks is limited, report Aon and DLA Piper
16th May 2018
Aon and global law firm DLA Piper have reviewed the insurability of risks related to the European Union’s (EU) General Data Protection Regulation (GDPR), finding that fines would typically not be insurable, although associated legal costs could be covered. The GDPR, which will become effective from 25 May 2018, can fine ... Read the full article
Aon names Andersen and O’Connor Co-Presidents, retires business unit brands
15th May 2018
Aon has appointed Eric Andersen, current Chief Executive Officer (CEO) of Aon Benfield, and Michael O’Connor, current CEO of Aon Risk Solutions, as Co-Presidents of the firm. The appointments come alongside the announcement that Aon will be retiring its remaining business unit brands, Aon Risk Solutions and Aon Benfield, creating instead ... Read the full article
Zurich completes £2bn longevity risk transfer deal with UK’s National Grid
15th May 2018
Zurich Insurance Group has completed an intermediated longevity swap deal that covers more than £2 billion of pensioner liabilities for the UK’s National Grid Electricity Group of the Electricity Supply Pension Scheme (ESPS). The transaction, which represents Zurich’s largest ever longevity swap arrangement, will protect the National Grid against the risk ... Read the full article
Aon names Richard Schuyler as CEO of Aon Carrier Link
11th May 2018
Global insurance and reinsurance broker, Aon plc, has announced that Richard Schuyler is to become the Chief Executive Officer (CEO) of Aon Carrier Link, the company’s data and analytics distribution channel. Schuyler will now be responsible for helping clients to digitally manage the placement process by leveraging technology to connect Aon’s ... Read the full article
Aon’s reinsurance broking revenues soar in Q1
4th May 2018
Reinsurance broking revenues at Aon plc soared in the first-quarter of 2018, with the firm reporting a 100% increase year-on-year, on a reported basis, as its Aon Benfield unit led a 3% organic revenue increase across the insurance and reinsurance broking group. Aon reported that its reinsurance business under the Aon ... Read the full article
Aon names Lambrou Chief Commercial Officer and CEO of Global Specialties
3rd May 2018
Aon plc has announced the appointment of Lambros Lambrou as Global Chief Commercial Officer and Chief Executive Officer (CEO) of Global Specialties for the firm’s commercial risk business. Lambros has over 30 years’ experience in the risk management industry, most of which has been spent working for Aon in various positions ... Read the full article
Global political risks becoming increasingly volatile: Aon
17th April 2018
Aon has reported that global political volatility is leading to increased political violence and political risk, with the likelihood of interstate conflict, terrorism, and general political and economic disruption all increasing. Aon’s 2018 Risk Maps report found that political violence risks are rising globally due to geopolitical tensions, a weakening of ... Read the full article
Risk settlement market remains promising in 2018: Aon
11th April 2018
Aon has reported that the risk settlement market presents many attractive opportunities for re/insurers in 2018, with the strong pricing seen in 2017 expected to continue throughout the coming year. The projection was part of Aon’s ‘Risk Settlement Market 2018’ report, which analysed 2017’s market trends and generated predictions for the ... 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.
