Blanch launches new Florida cat broker COIN ReIndustry veteran Ted Blanch has launched a new Florida-focussed reinsurance intermediary, COIN Re, with a mission to “align interests” with insurers by providing them with an economic interest in the new firm.
‘Alternative capital hasn’t tapped into Eastern Europe or MENA yet’: AonCedants in Central and Eastern Europe, Middle East and North Africa are yet to fully embrace the burgeoning alternative capital markets, according to Aon’s Tomas Novotny
Differentiated approach from reinsurers key to Nordic and Benelux growth: AonIn an ever more crowded market, reinsurers looking to grow their books in Nordic and Benelux countries will be helped by taking a focussed and segmented approach to evaluating their clients, according to Aon’s regional head
Closing the protection gap with public private enterprisesEmma Karhan, leader of the Public Private Enterprise (PPE) specialty practice of Aon’s Reinsurance Solutions business on how PPEs can learn from each other and move the costs of the protection gap to the private sector
Hannover Re takes 2018 cat bond issuance over $1.5bnHannover Re has demonstrated its pre-eminence in the ILS market with the issuance of a $125mn Californian wildfire cat bond, SD Re Ltd.
September nat cats to cost ‘tens of billions’Natural catastrophes will cost the global economy ‘tens of billions’ in September, according to Aon’s latest catastrophe report.
GIC Re expands on back of Indian agri-re boomThe rapid growth in India’s agricultural insurance market means GIC Re is now responsible for the industry’s largest non-US agricultural reinsurance treaty with the firm experiencing a doubling of inwards gross premiums for the class in only one year.
Aon extends capital advisory offering to AmericasAon has built on its recently-launched capital advisory practice by extending its offering to the Americas, the broker’s reinsurance arm announced today.
ILS updateFollowing record catastrophe bond issuance in 2017, and the impact of Hurricanes Harvey, Irma, Maria, the insurance-linked securities sector could have had a challenging time maintaining its momentum, writes Aon.
Reinsurance remains a buyers’ market despite cats: MarcellThe head of Aon’s newly-minted Reinsurance Solutions business Andy Marcell has said rates in the sector still favour those seeking capacity.
Frankland hails Hancock reforms but criticises expense burdenAon’s UK reinsurance head has praised the actions of Lloyd’s performance director Jon Hancock in tackling the markets poor performers as an “essential” first step to forcing down the Lloyd’s expense ratio “burden”.
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.
$5bn-$6bn Typhoon Jebi to hit reinsurance treatiesTyphoon Jebi, which pounded Japan last week, is the largest cat loss of 2018 to date with early unofficial estimates of an insured loss of $5bn-$6bn.
Aon launches capital advisory team to strengthen insurer revenuesAon has launched a capital advisory unit within its Reinsurance Solutions division to help (re)insurers, Lloyd’s syndicates and captives ‘fine tune’ their balance sheet and boost capital optimisation.
Demystifying artificial intelligenceThe hype around AI and its potential is extensive, so what is an insurer to do to bring AI to their businesses, asks Paul Eaton, managing director in the analytics division of Aon’s Reinsurance Solutions business.
Aon heads 2017 reinsurance broker league tableAon’s reinsurance arm remains the largest reinsurance intermediary by some distance in a survey conducted by re-Insurance that uses a combination of publicly available information and market intelligence.
Aon confirms Stubbings hire amid a swathe of promotionsAon has confirmed the appointment of Peter Stubbings as CEO of Global ReSpecialty, the latest in a string of management changes at the broker.
Aon cracks ‘silent cyber’ market with $350mn of reinsurance capacityHot on the heels of news that so-called “silent cyber” losses accounted for the bulk of last year’s $3bn NotPetya bill, Aon has announced a potential solution.
Alternative capital reaches record-breaking $98bn: Aon SecuritiesAlternative capital available in the (re)insurance market has hit $98bn – a record for the sector - according to Aon Securities.
Aon boosts cyber reinsurance teamAon has made two promotions within its cyber reinsurance business, with Catherine Mulligan and Luke Foord-Kelcey both moving into elevated positions at the broking house.