Latest Aon Headlines

All the headlines from our Aon Topic Page, ordered by recency.

Willis, Aon and Verisk Agree: Q1 Cat Bonds Hit Record Issuance

Apr 21 2016 // There’s more evidence that catastrophe bond issuance hit record territory again during Q1.This time, Aon Securities and a division of Willis Towers Watson are making the call, after a Verisk arm did so earlier in...

Heaven Moves from Aon to Markel International’s Credit & Political Risk Division

Apr 20 2016 // Markel International, the London-based specialist insurer and subsidiary of Markel Corp., has appointed Lida Heaven as an underwriter in its trade credit and political risk division.Heaven previously worked as a political...

RIMS 2016: Keep Eye on Captives as Cyber Risk Solution

Apr 18 2016 // Are cyber captives on the horizon?More and more organizations are considering using captives to address their cyber risks but just as the risk is evolving so is the role of captives in this area, according to an Aon...

RIMS 2016: Captives See Business Interruption as Top Cyber Threat

Apr 15 2016 // The costs of business interruption due to a breach is the top cyber risk concern for businesses across all industries, according to a new survey of captives.Aon Global Risk Consulting, in its 2016 Captive Cyber Survey...

Europe Terrorist Attacks in 2015 ‘Most Lethal’ in Nearly a Decade: Aon Risk Map

Apr 13 2016 // As terrorists increasingly target private citizens and public gatherings, last year marked the most lethal year for terrorist violence in Europe in nearly a decade, according to Aon Risk Solutions’ 2016 Terrorism and...

U.S. Storms in March Will Cost Insurers $2 Billion: Aon Benfield’s Cat Report

Apr 7 2016 // Insurers face a $2.0 billion bill following seven severe storm events across multiple states in March, according to Impact Forecasting, Aon Benfield’s catastrophe model development team.Overall economic losses...

Alternative Capital Up 12%, Traditional Reinsurance Drops 4% in 2015: Aon Report

Apr 6 2016 // Alternative capital continues to make its presence felt in the reinsurance market, increasing by 12 percent during 2015 to $72 billion, while traditional capital decreased by 4 percent to $493 billion, according to a...

Aon Benfield Launches Global Reinsurer Trading Platform with Real-Time Data

Apr 5 2016 // Aon Benfield, the reinsurance intermediary and capital adviser of Aon plc, will launch on April 11 a global reinsurer trading platform called ABConnect Placements.Available for use with the July 1 renewals, ABConnect...

Aon Launches Charter Flight Cancellation Coverage

Mar 14 2016 // Aon Benfield, the global reinsurance intermediary and capital advisor of Aon plc, launched an insurance product for the charter aircraft industry addressing the financial losses associated with the cancellation of...

Suit by Aon Founder Ryan Claims IT Startup Swindled Him Out of Millions

Mar 10 2016 // Aon Corp. founder Patrick G. Ryan claims he was cheated out of hundreds of millions of dollars when Mu Sigma Inc. downplayed its own growth prospects in a ruse to buy back his investment company’s early stake in the...

El Niño Wreaks Havoc in February with Fiji Cyclone, Floods & Drought: Aon Report

Mar 8 2016 // The Southern Hemisphere registered its strongest tropical cyclone on record during February with Tropical Cyclone Winston, according to Impact Forecasting, Aon Benfield’s catastrophe model development team.With...

Aon Affinity, Arch Insurance Launch Social Service Insurance Program

Mar 8 2016 // Affinity Nonprofits, a division of Aon Affinity, in partnership with Arch Insurance Group, has launched a nationwide property and casualty insurance product for the nonprofit social service sector, including organizations...

Aon Renews Shortline Railroad Excess Liability Facility

Mar 7 2016 // Aon Risk Solutions, the global risk management business of Aon plc, announced that their proprietary Shortline Railroad Excess Liability Facility in London has been renewed through 2018.The Aon Shortline Railroad Excess...

People – Southeast

Mar 7 2016 // Risk Strategies Company, a privately held national insurance brokerage and risk management firm, has expanded its nationwide Private Risk Management (PRM) practice with the hiring of Carol Wiek as vice president, private...

Aon Announces U.S. Leadership Changes; Mula Named Risk Solutions President

Feb 25 2016 // Insurance broker Aon announced several leadership appointments in the U.S.Warren Mula assumes the newly created global role of president of Aon Risk Solutions. He will serve as a strategic advisor across the business. Mula...

Aon Loss Model Offers Insurers 7.5 Million U.S. Thunderstorm Scenarios

Feb 17 2016 // Aon Benfield’s catastrophe model development team, Impact Forecasting, has launched a U.S. severe thunderstorm (STS) scenario model that it says can help insurers more accurately estimate annual losses based on...

Aon Launches Lloyd’s Lead Facility for U.S. Casualty Risks

Feb 8 2016 // Aon plc has launched Lloyd’s Lead Excess Aon Facility (Lloyd’s LEAF), a program that increases placement options for Aon’s U.S. clients facing global casualty risks while delivering greater contract...

Aon Reports 27% Rise in Q4 Net Income; 1% Decline During Full Year

Feb 5 2016 // London-based Aon plc reported net income attributable to Aon shareholders in the fourth quarter of 2015 was $584 million, or $2.09 per share, a 27 percent increase from $459 million, or $1.56 per share, reported during for...

Insured Nat Cat Losses 31% Below Average During 2015: Aon Benfield Report

Jan 14 2016 // Global natural disasters in 2015 caused a combined total insured loss of $35 billion – 31 percent below the 15-year average of $51 billion and the lowest annual insured loss total since 2009, said a report issued by...

JLT Specialty Taps Aon Exec Kotlewski as Senior VP in New York

Jan 11 2016 // JLT Specialty USA, the U.S. subsidiary of Jardine Lloyd Thompson Group plc. (JLT), has hired Brad Kotlewski as senior vice president. Kotlewski will be based in the New York City office.Kotlewski will join JLT’s...