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Insurance
Reinsurance broker JLT Re has appointed Aon's chief operating officer as its Asia Pacific CEO. Jeremy Fox replaces Stuart Beatty, who is leaving the business to pursue alternative career opportunities.   16 January 2018
ILS: the future is bright
Alternative Risk Transfer
The ILS market has continued its spectacular growth and steady evolution to become an important part of the re/insurance toolbox, according to Paul Schultz of Aon Securities.   29 October 2018
Insurance
There were at least six separate billion-dollar global insured catastrophes, five of which were weather-related, throughout the first half of the year, where insurers were liable for 30 percent of the loss total, Aon Benfield reports.   21 July 2016
Alternative Risk Transfer
The catastrophe bond limit on-risk has reached $30 billion during the 12 months to June 30, 2018 – an increase of $4.2 billion from the prior year period, and a new record for the sector, Aon noted in the report titled 'Alternative Capital Fortifies Its Position'.   7 September 2018
Insurance
Axis Insurance has been selected as the national programme underwriter for Aon Affinity’s professional liability insurance programme for architecture and engineering firms.   29 May 2015
Insurance
Following the difficult years of 2017 to 2019, which were dominated by extreme hurricanes, earthquakes, wildfires, typhoons and winter storm events, 25 insurance-linked securities (ILS) bonds are expected to be impaired in the 12-month period to June 30.   11 September 2019
Reinsurance
Miller has hired a head of non-marine broking with Tokio Marine and Aon pedigree.   10 June 2024
Insurance
The executive worked at Aon/Gallagher and has 20 years of industry experience.   23 October 2023
Insurance
With in-person Monte Carlo cancelled, the industry will be doing many of its renewals discussions online. That might work for some, but with thorny issues to address, the industry needs to get back to meeting face to face, say insurers.   14 September 2021
Insurance
Losses from fires and floods are joining the traditional perils of earthquakes and hurricanes as drivers of insured losses. While uncertainty remains over what the future holds for them, new capacity won’t save cedants from upward pressure on rates, a panel finds.   14 September 2021

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