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Cyclone Hudhud has wreaked $11 billion of destruction across multiple Indian states, with insurance losses estimated at $650 million. 7 November 2014
News
Rapid economic development, population growth and urbanisation, along with increasing insurance penetration, mean that over time there will be significant opportunities for insurers in Asia Pacific, George Attard, head of Aon Benfield Analytics, Asia Pacific, told EAIC Today. 4 November 2014
Insurance
Aon Risk Solutions, the global risk management business of Aon, has formally brought together its capabilities in the transportation and logistics space into a singular national practice group platform. 4 November 2014
News
Aon Benfield, the reinsurance intermediary and capital advisor of Aon, has acquired Safe Brokers to strengthen its investment in the Greek and Cypriot markets. 4 November 2014
Insurance
Aon has posted a strong quarter with total revenues hitting $2.9 billion, driven entirely by organic revenue growth. 31 October 2014
Insurance
Steadfast Group, Australia’s largest broking network, has appointed Adrian Humphreys as general manager – business development. 30 October 2014
Insurance
The re/insurance industry needs to play its part in driving forward the implementation of regulation relating to cyber risks if effective products transferring the risk around this threat are to be developed. 29 October 2014
Insurance
Pressure in the specialty market, as a result of increased competition, is a game of limits rather than a price war, Bryon Ehrhart, CEO of Aon Benfield Americas, told PCI Today. 29 October 2014
Insurance
In the wake of the news that Willis and Miller are in advanced talks to merge certain operations, two senior executives at JLT Re have forecast a lot more consolidation ahead for brokers globally. 29 October 2014
Insurance
Flood risk in the US will bring many opportunities for insurers in 2015 as the industry gains a better understanding of flood models. 28 October 2014
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