Aon poll: 15% of US insurers say ILS / third-party capital feature in their 2025 plans – Go Health Pro

Aon poll: 15% of US insurers say ILS / third-party capital feature in their 2025 plans – Go Health Pro

A recent poll of insurers in the United States, undertaken by broker Aon’s Capital Advisory division, found that within those carriers’ capital management plans for 2025, insurance-linked securities (ILS) and third-party reinsurance capital solutions are a significant feature.With the market having been challenging for a number of years, but insurers responding with a growth mindset … Read more

Aon hires O’Connell to lead on cyber reinsurance strategy & growth, including use of cyber ILS – Go Health Pro

Aon hires O’Connell to lead on cyber reinsurance strategy & growth, including use of cyber ILS – Go Health Pro

Aon’s Reinsurance Solutions division has announced the hiring of Robert O’Connell as Global Cyber Strategy and Growth Leader, Executive Managing Director, a role that will see him tasked with leading on delivering value to cyber clients, including through the use of cyber insurance-linked securities (ILS).In this role, O’Connell will be tasked with leading Aon’s efforts … Read more

Re/insurance well-positioned to absorb $34bn – $50bn Helene and Milton losses: Aon – Go Health Pro

Aon hires O’Connell to lead on cyber reinsurance strategy & growth, including use of cyber ILS – Go Health Pro

According to Aon’s Reinsurance Solutions division, combined industry losses from hurricanes Helene and Milton are expected to fall within a range of $34 billion to $50 billion, at which level insurance and reinsurance sector capital is well-positioned to absorb them and the events underscored the value of integrating innovative solutions such as parametrics.“The short-term prospect … Read more

Aon reports 13% increase to $6bn in year-to-date cat bond placements – Go Health Pro

Aon reports 13% increase to bn in year-to-date cat bond placements – Go Health Pro

Insurance and reinsurance broker Aon reported today that year-to-date it has seen a 13% increase in catastrophe bond issuance volumes for the deals it has placed, while President Eric Andersen said the company remains agnostic as to form of coverage placed for clients, saying each has its place in the reinsurance capital stack.Aon said in … Read more

Aon names Pennay CEO, Aon Securities. Schultz becomes Global Vice Chair of Reinsurance – Go Health Pro

Aon names Pennay CEO, Aon Securities. Schultz becomes Global Vice Chair of Reinsurance – Go Health Pro

Aon has announced a key change in its insurance-linked securities (ILS) and investment banking business leadership, as Richard Pennay has been named the new CEO of Aon Securities and Paul Schultz moves to become Global Vice Chair of Reinsurance at the company.Paul Schultz has led the Aon Securities operation for 20 years, in which time … Read more

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