All the headlines from our Aon Topic Page, ordered by recency.
Oct 29 2020 // After years of warnings that the Florida property insurance market was heading towards an availability crisis, many in the industry say the moment of reckoning has arrived. They blame unchecked claims litigation from...
Oct 22 2020 // Insurance broker Marsh announced that Eddie Albers has joined the firm to lead its U.S. Life Sciences practice.As the leader of Marsh’s U.S. Life Science Practice, Albers will play a key role in assisting life...
Sep 29 2020 // Guy Carpenter & Co., the reinsurance brokerage business of Marsh & McLennan Cos., announced the appointment of Paul Miller to lead Guy Carpenter’s Property Catastrophe value proposition for UK, Global...
Sep 28 2020 // Not only has reinsurance buying increased, but there also has been a flight to quality reinsurers by ceding insurance companies, according to several reinsurers and brokers in recent webinars held in lieu of what would...
Sep 23 2020 // Secondary perils, exacerbated by climate change, are driving catastrophe insurance losses, warn a growing chorus of reinsurers and brokers.Indeed, broker Aon reveals that more than 60% of 2020’s insured catastrophe...
Sep 14 2020 // Economic uncertainty and volatility, in combination with COVID-19-related losses, is leading to a heightened level of cautiousness among property reinsurers unless pricing and terms and conditions meet specific thresholds,...
Sep 7 2020 // Aon, Wills Towers WatsonShareholders of insurance brokers Aon and Willis Towers Watson have approved all of the proposals necessary to complete their previously announced combination, the firms announced. Aon intends to...
Sep 2 2020 // U.S. insurers want to fill existing positions or expand their staffs over the next year but say they are still having trouble recruiting, even during the COVID-19 pandemic where unemployment has skyrocketed, according to a...
Aug 26 2020 // Shareholders of insurance brokers Aon and Willis Towers Watson have approved all of the proposals necessary to complete their previously announced combination, the firms announced.Aon intends to combine with Willis in an...
Aug 19 2020 // Global broker Aon has formed a new team in its Reinsurance Solutions business that will focus on building global investor relationships in order to identify additional sources of capacity to clients.The new Capital...
Aug 11 2020 // Aon plc and Willis Towers Watson announced that two leading proxy advisory firms have recommended that shareholders vote in favor of the companies’ proposed combination.Institutional Shareholder Services Inc. (ISS)...
Aug 10 2020 // Aon announced that Brent Rieth is the new U.S. practice leader of the Cyber Solutions Errors and Omissions/Cyber Broking team. Rieth first joined Aon in 2009 as team leader of the E&O/Cyber broking effort for...
Aug 4 2020 // The Reinsurance Solutions business of Aon plc has appointed Catherine Turner as head of UK Property, and co-leader with Richard Evans of its UK & Ireland and Specialty Casualty business.Turner will report to Peter...
Jul 31 2020 // Usage of insurance linked securities the first six months of 2020 is already 20% higher than all of 2019, underscoring the sector’s momentum and resilience even with the coronavirus pandemic, Aon Securities said in a...
Jul 30 2020 // The pending acquisition by insurance broker Aon of rival Willis Towers Watson is “not good for the market or for clients but is good for Marsh & McLennan,” commented Daniel Glaser, president and chief...
Jul 29 2020 // With the National Oceanic and Atmospheric Administration (NOAA) warning 2020 will see “above-normal” hurricane activity, Skytek, in collaboration with Aon plc, has responded to the needs of marine re/insurance...
Jul 24 2020 // Munich Re and Aon both issued reports this week on the economic and insurance costs of global natural catastrophes during the first half, which varied in magnitude by $7 billion. While Munich Re estimated that natural...
Jul 17 2020 // Canada saw powerful a series of powerful thunderstorms in June, which brought hail greater than the size of tennis balls and caused extensive damage and flooding throughout the greater Calgary metro region, said Aon in its...
Jul 16 2020 // Global reinsurance capital fell 6% to $590 billion for the first quarter of 2020, Aon reported in its June/July Reinsurance Market Outlook report.The report, which also looks at changes in reinsurance demand levels,...
Jul 14 2020 // Insurance broker Aon plc announces the appointment of Andrew Tunnicliffe as UK chairman, Global & Specialty, part of its Commercial Risk Solutions, Health Solutions and Affinity business. He will take up the new role...