Aon

Aon’s Gainer on the increasing role of its Public Sector Partnership

In a world marred by political uncertainty, trade concerns and economic and natural disasters, the chief commercial officer of Aon’s Public Sector Partnership, Bridget Gainer, talks to The Insurer about the increasingly important role the (re)insurance industry can play in providing certainty for global government entities through public sector partnerships.

September US cat losses to top $840mn: Aon

Mainland US insured catastrophe losses from last month are expected to be over $840mn, according to Aon Impact Forecasting’s September Global Catastrophe Recap report.

Case unveils next stage in ‘Aon United’ strategy

Aon has today unveiled a major development in its ‘Aon United’ strategy which already sees the industry leader operate under a single brand and P&L as part of its drive to ensure that it offers clients the full breadth of potential products and services.

Marsh JLT Specialty continues expansion with UK real estate duo

MMC’s Marsh JLT Specialty has appointed Bryce Check as a business relationship director and Anna Whitfield as a client service director in its UK real estate practice.

Aon Reinsurance Solutions forms wholesale committee

The Reinsurance Solutions division of Aon has formed a new global wholesale committee, based in London.

Industry leaders demand BAME data drive to close ethnicity pay gap: Dive In

Panellists speaking at a Dive In festival event in London earlier this week called for workforce ethnicity statistics to be collated for benchmarking and accountability purposes.

Aon boosts NA claims efficiency with AI platform

Aon has launched a platform that uses artificial intelligence (AI) to read claims notes on open files, enabling insurers in the US and Canada to review their progression.

Aon seeks standardised commission rates on US commercial risk

Broking giant Aon is talking to insurers about fixing standard commission levels by line of business and placement geography for US commercial risk, The Insurer can reveal.

Lower for longer interest rates to test reinsurer resolve: Aon’s Van Slooten

Lower for longer interest rates will continue to undermine the investment returns within the global reinsurance industry and increase pressure on underwriting profitability, according to Aon’s head of market analysis.

Deal or no deal?

Six months on from Aon’s brief public flirtation with Willis Towers Watson, the rumours in the investor community and broker fraternity have not gone away…

Aon hires Webster as it continues capital advisory build

Aon has hired the well-respected KPMG partner Paul Webster as head of capital optimisation as it continues to build its capital advisory capabilities, The Insurer can reveal.

Investor appetite will shape 1.1 renewals

Lloyd’s could be “dominant market in the world”: Aon’s Frankland

Aon’s UK CEO has said John Neal’s ambitious six-point turnaround strategy to cut costs and modernise processes at Lloyd’s could allow it to re-emerge as the “dominant market in the world”.

Aon to enable auction capability for 1/1 reinsurance renewals

Broking giant Aon has launched an auction capability for the 1 January 2020 reinsurance renewals, which it says will allow insurers to reduce the timeframe around pricing negotiations and contract certainty.

ILS endures test

Aon Securities CEO, Paul Schultz, provides an overview of the recent trends in ILS, highlighted in the team’s 2019 ILS annual report

Neville Weston joins Aon Reinsurance Solutions in Bermuda

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

Aon: ILS sector poised to resume growth following 2018 plateau

The Insurance-Linked Securities (ILS) market is expected to stage a recovery after a challenging 2018, according to the findings of the Aon Securities ILS Annual Report 2019.

McGill start-up poised to go live with Warburg Pincus support

Private equity powerhouse Warburg Pincus is the cornerstone investor in Steve McGill’s start-up insurance broker platform, The Insurer can reveal.

Start-ups welcome, says Axa XL’s Hendrick

In a year marked by the formation of two of the largest industry start-ups, Steven Catlin’s greenfield $1.6bn insurer Convex and Steve McGill’s $250mn+ hybrid wholesale/retail broker McGIll & Partners, Axa XL CEO Greg Hendrick has said there is “room for everybody” in a large syndicated marketplace.

Reinsurers will tap microinsurance market: Andersen

The reinsurance market can expect to see significant opportunities from areas that have remained relatively untapped historically over the next few years, including microinsurance and governmental clients, according to Eric Andersen, co-president of Aon.