Aon

Aon bolsters Bermuda retro workforce, hires former Acacia & Peak Re exec Cheng – Go Well being Professional

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Aon bolsters Bermuda retro workforce, hires former Acacia & Peak Re exec Cheng – Go Well being Professional

Broking big Aon has strengthened its property specialty retrocession in Bermuda with the addition of 5 new appointments on the island, together with experience in collateralized retro constructions and transacting with ILS and capital markets, with, we perceive, this transfer bringing onboard Lawrence Cheng, previously of Acacia Holdings and Peak Re.The corporate defined that the … Read more

Anticipate extra competitors within the tail, property cat charges to melt: Aon execs – Go Well being Professional

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Anticipate extra competitors within the tail, property cat charges to melt: Aon execs – Go Well being Professional

Talking throughout a briefing prematurely of the 2024 Monte Carlo Rendez-Vous occasion immediately, executives from Aon’s Reinsurance Options highlighted their expectation that the upper layers of property disaster packages will probably be aggressive on the renewals, with softening of charges anticipated.Aon’s senior reinsurance executives reiterated the messaging we reported earlier, that they’re searching for reinsurers … Read more

ILS market development comes when danger switch wants are best: Pennay, Aon Securities – Go Well being Professional

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ILS market development comes when danger switch wants are best: Pennay, Aon Securities – Go Well being Professional

The surge in disaster bond market issuance and ensuing insurance-linked securities (ILS) market development during the last yr, got here on the proper time for the insurance coverage and reinsurance market, assembly their wants for danger switch, in response to Richard Pennay of Aon Securities.Pennay, the CEO of Insurance coverage-Linked Securities at dealer Aon’s capital … Read more