Aon

The level of cat bond and parametric work we’re doing is exceptional: Aon CEO – Go Health Pro

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The level of cat bond and parametric work we’re doing is exceptional: Aon CEO – Go Health Pro

Having reported another quarter of double-digit revenue growth for its catastrophe bond and insurance-linked securities (ILS) related activities, Greg Case the CEO of broking giant Aon also highlighted parametric risk transfer as another area he sees activity levels as exceptional in.Reporting its first-quarter results today, Aon disclosed 4% organic revenue growth in its Reinsurance Solutions … Read more

Cyclone Alfred losses to be hundreds of millions or higher, says Aon. Claims surpass 53k – Go Health Pro

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Cyclone Alfred losses to be hundreds of millions or higher, says Aon. Claims surpass 53k – Go Health Pro

Tropical Cyclone Alfred, the seventh named storm in the Australian cyclone season, is expected to drive economic and insured losses in the hundreds of millions of Australian dollars at least, according to insurance and reinsurance broker Aon.Cyclone Alfred made landfall near Brisbane on March 7th, but after a slow approach to land it had caused … Read more

Aon, Swiss Re & Floodbase unveil parametric storm surge solution for US hurricane protection – Go Health Pro

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Aon, Swiss Re & Floodbase unveil parametric storm surge solution for US hurricane protection – Go Health Pro

Re/insurance broking giant Aon has announced the launch of a new parametric insurance solution that is designed to address and mitigate losses from hurricane-related storm surge along the coast of the United States, developed in partnership with Floodbase, a specialist in parametric flood risk, and global commercial insurer, Swiss Re Corporate Solutions.A key aspect of … Read more

ILS continues to be a ‘boutique business’ within reinsurance for Aon: Andersen – Go Health Pro

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ILS continues to be a ‘boutique business’ within reinsurance for Aon: Andersen – Go Health Pro

According to Eric Andersen, President of broking giant, Aon, the insurance-linked securities (ILS) market continues to be a very “boutique business within reinsurance” for the firm, in terms of the scale of the traditional reinsurance treaties seen across the industry on property cat, liability and specialty.Andersen noted that ILS is a growth area though and … Read more

Aon, Guy Carpenter, WTW Each Complete Previously Announced M&As – Go Health Pro

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Aon, Guy Carpenter, WTW Each Complete Previously Announced M&As – Go Health Pro

Insurance brokers Aon plc, Guy Carpenter and WTW announced they each have completed previously announced mergers and acquisitions. Aon’s acquisition of Griffiths & Armour, which was first announced in November 2024, officially completed on Jan. 1, 2025. Aon said the deal supports its strategy to expand its regional presence in the UK and Ireland. Griffiths … Read more