Aon Benfield

Reinsurance broking legend Blanch passes away

Industry veteran Ted Blanch – the driving force behind the growth of former US broking powerhouse EW Blanch – has passed away.

Aon Reinsurance Solutions names Toffanello as Italy head

Aon Reinsurance Solutions has appointed former Guy Carpenter and Gen Re executive Pietro Toffanello as head of Italy, with the new hire succeeding Gianluca Venturini in the role.

Remembering Matthew Harding, the man who built Benfield and became a cult hero at Chelsea FC

Today marks the 25th anniversary of the untimely death of Matthew Harding, a pivotal figure in the development of reinsurance broker Benfield who gained fame for his role in leading the transformation of Chelsea FC during the 1990s.

Aon strengthens managed care reinsurance team with PartnerRe’s Barbour

Aon’s Reinsurance Solutions has bolstered its US managed care group with the hire of Tasha Barbour from PartnerRe.

Gallagher Re strengthens analytics team with Aon’s Messer

Gallagher Re has bolstered its analytics and catastrophe modelling capabilities with the hire of Aon Reinsurance Solutions’ head of UK analytics Ed Messer, The Insurer has learned.

Collateralized re and sidecar markets to continue contraction: Aon Securities

The collateralized reinsurance and sidecar markets will continue to contract as investors respond to losses, although interest in catastrophe bonds has been buoyed by the resilience shown by the sector in the wake of Covid-19, Aon Securities has said in its newly published ILS Annual Report 2020.

Aon shares fall almost 16% on WTW deal

Shares in Aon plunged almost 16 percent in mid-day trading on Monday following news the broking giant had agreed a merger with rival Willis Towers Watson (WTW) in a $30bn all-share deal that will combine the world’s second and third-largest insurance brokers.

Neville Weston joins Aon Reinsurance Solutions in Bermuda

Aon has appointed Neville Weston as vice chairman of Aon Reinsurance Solutions in Bermuda

Aon extends capital advisory offering to Americas

Aon has built on its recently-launched capital advisory practice by extending its offering to the Americas, the broker’s reinsurance arm announced today.

Aon’s Andersen: Retiring the Benfield brand a ‘natural next step’

The newly-anointed co-president of Aon, Eric Andersen, has said the firm’s decision to retire the Aon Benfield and Aon Risk Solutions brands was the “natural next step” in its evolution as a global professional services firm.

Nephila-backed Volante reveals $900mn capacity deal

Volante, the newly-launched managing general agent backed by ILS heavyweight Nephila, has unveiled a $900mn capacity deal for a spate of new underwriting teams.

Marcell to head Aon’s reinsurance unit following restructure

Aon has appointed Andrew Marcell CEO of it’s reinsurance business.

Aon merges broking units under Andersen and O’Connor leadership

Aon Risk Solutions and Aon Benfield are to be integrated to come under a single brand as part of a restructure.

Aon Benfield pegs US April storm losses at $1.5bn

Brokers steady at end of Q1 as reporting changes muddy comparisons

The masters of the P&C broking world got off to a strong start in 2018 as the big three - Willis Towers Watson, Aon and Marsh & McClennan Companies (MMC) - all outstripped consensus earnings estimates with figures heavily influenced by changes to revenue reporting standards.

Aon broking margins grow as reporting changes boost revenue

Aon’s primary and reinsurance broking arms posted organic revenue growth of 4 percent and 6 percent respectively in a first quarter where changes to GAAP accounting standards proved a boon to the group’s headline revenue figures.

Barbican drafts in Aon Benfield to manage RITC auction

Lloyd’s insurer Barbican has instructed Aon Benfield to evaluate third-party reinsurance to close (RITC) quotes for its back-year liabilities, re-Insurance.com can reveal.

Capital continues to flow into reinsurance market: Aon Benfield

Global reinsurance capital has continued to build despite the record catastrophes of 2017, according to Aon Benfield.

Aon Benfield structures $1bn aviation reinsurance programme for US Exim Bank

The US Export-Import Bank (Exim) has purchased a $1bn limit reinsurance programme backed by the private market for the first time after working on the placement with broker Aon Benfield.