All the headlines from our Aon Topic Page, ordered by recency.
Aug 7 2018 // PEAK6 Investments LP announced it has acquired National Flood Services (NFS) from Aon plc.NFS is a provider of business process services in flood insurance. According to a statement, the firm support nearly 87,000 active...
Aug 7 2018 // A reader of this publication, the president of an insurance agency, recently wrote to say he kept hearing about catastrophe bonds but had little knowledge of what they were. He was curious if these instruments would...
Jul 26 2018 // Global insured losses from natural disasters for the first half were preliminarily estimated at US$21 billion, which is 40 percent lower than the 10-year average of US$35 billion and 19 percent lower than the 18-year...
Jul 23 2018 // In the staid and buttoned-up world of insurance underwriting, few want to talk about it. You won’t find many ads promoting it or details on company websites offering it.But according to industry insiders,...
Jul 10 2018 // The number of U.S. insurers providing cyber insurance continues to grow along with instances of cyber attacks.In 2017, 170 U.S. insurers reported writing cyber insurance, up from 140 in 2016 and 119 in 2015, according to...
Jul 5 2018 // Andrew Matson has been named leader of Aon’s newly formed Global Portfolio Broking team – a Reinsurance Solutions unit.Aon said the unit “will build on the success of established pioneering facilities, while...
Jul 3 2018 // Tokio Marine Kiln (TMK) has established a US$100 million intellectual property (IP) facility with global insurance broker Aon and several other Lloyd’s syndicates.The facility will be led by TMK and is one of the...
Jun 28 2018 // Aon plc has launched a new insurance product designed to cover clients’ intellectual property liability, including patents, copyrights, trademarks, trade secrets and know how. This is the latest offering in...
Jun 20 2018 // Aon plc, the London-based professional services firm, has launched an updated Thailand flood catastrophe model to improve understanding of this peril and help insurers build resilience for businesses and...
Jun 18 2018 // Global commercial property/casualty insurance premiums were worth approximately $730 billion in 2017, and by 2021, they will rise to nearly $900 billion.U.S. commercial P/C insurance premiums were worth $274.5 billion in...
Jun 8 2018 // Four separate severe weather outbreaks swept across the United States during the month of May, which led to extensive hail, wind damage and flash flooding, according to Impact Forecasting, Aon Benfield’s catastrophe...
Jun 8 2018 // Global commercial property/casualty insurance premiums were worth approximately $730 billion in 2017 and by 2021 will rise to almost $900 billion.U.S. commercial P/C insurance premiums were worth $274.5 billion in 2017 and...
May 30 2018 // Insurance broker Aon has appointed Karl Hennessy as chief executive officer of the firm’s newly created Carrier Solutions group.The newly formed group will support and grow Aon’s network of managing general...
May 23 2018 // Reinsurance broker Guy Carpenter & Co. announced the appointment of Richard Carver as managing director and senior broker in the firm’s UK non-marine division. Carver has 30 years of experience in the reinsurance...
May 16 2018 // The civil fines for non-compliance with the European’s new data privacy law can be steep but organizations across Europe should not expect to have their insurance cover them.Unless the business or organization is in...
May 15 2018 // Global insurance broker Aon has joined its two brands– Benfield and Risk Solutions– into one operational unit and named the chief executives of the two brands as co-presidents of the company.Eric Andersen, CEO...
May 10 2018 // During April, five separate storm systems caused severe thunderstorms across the United States, the strongest of which affected the Plains, Midwest, Southeast, Mid-Atlantic, and the Northeast, with nearly 70 tornado...
May 10 2018 // Broker Aon announced the appointment of Richard Schuyler as chief executive officer of Aon Carrier Link. The Aon Carrier Link channel uses data and analytics to give buyers access to Lloyd’s syndicates through...
May 2 2018 // Global insurance broker Aon announced the appointment of Lambros Lambrou to the new role of global chief commercial officer and CEO of Global Specialties for the firm’s commercial risk business. Lambrou has worked...
May 2 2018 // Global catastrophe bond issuance broke a first-quarter record, come in at nearly $3.6 billion for Q1 2018 as the market expanded into new areas, Aon Securities said in its latest report.The $3.58 billion in insurance...