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Insurance
Hail storms cause $1 billion losses in Texas
Insured losses resulting from hail storms in Texas for June will exceed $1 billion, according to Aon Benfield’s June Global Catastrophe Recap.   10 July 2012
News
Scott appointed divisional director at RFIB Group
RFIB Group has appointed Richard Scott to be divisional director of its energy team.   4 July 2012
News
2011 major losses equal quarter of its net premiums for Lloyd’s
Major industry losses borne by the Lloyd’s Market last year accounted for 25.5 percent of its net premium earned, according to a new report by Aon Benfield.   25 June 2012
News
US insurers' reserve redundancy $11.7 billion
Insurers' reserves at YE2011 were redundant by $11.7 billion – or 2 percent of total booked reserves – compared with $22.0 billion at YE2010, after the industry released $12.7 billion of reserves during 2011, according to a study.   14 June 2012
Insurance
Born with it
He has nothing to prove and enough money, reputation and goodwill to enjoy a very happy retirement. Yet at the age of 74, former Aon chairman Pat Ryan is doing it all again with his new company, Ryan Speciality Group.   1 June 2012
Alternative Risk Transfer
Record cat bond issuance in Q1
A record number of catastrophe bonds were issued in the first quarter of the year, continuing the strong momentum in this sector seen at the end of 2011, according to reports by Aon Benfield Securities and Willis Capital Markets & Advisory.   1 June 2012
News
Aon posts $238 million Q1 profit
International broker Aon has revealed a profit of $238 million for the first quarter.   4 May 2012
News
HCC names Burke as chief operating officer
Insurer HCC has announced that William Burke will take over as executive vice president and chief operating officer from March 24th.   22 March 2012
Alternative Risk Transfer
The storm before the calm
The ILS market was put to the test during 2011, with three catastrophe bonds suffering a total loss. However, ILS fundamentals remain robust and market conditions are good for a strong pipeline of transactions in 2012, says Paul Schultz of Aon Benfield Securities.   1 March 2012
News
Aon’s total revenue up 33 percent
Aon’s full year results have revealed that the broker’s total revenue has risen by 33 percent to $11.3 billion in 2011.   3 February 2012

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