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Tag: Aon


Brokers, Financial, Risk Management

Aon revenues stable, buoyed by Reinsurance Solutions growth

October 28, 2022

Via: Reinsurance News

Re/insurance broker Aon has posted flat revenue of $2,696 million for the third quarter of 2022, as growth in its Reinsurance Solutions segment offset a decline in revenues across all other segments. The Reinsurance Solutions segment grew its revenue by […]


Risk Management, Trends

Re/insurance industry has a “generational opportunity” to make a difference: Aon’s Case

September 12, 2022

Via: Reinsurance News

Greg Case, the Chief Executive Officer (CEO) of brokerage Aon, believes that the insurance and reinsurance industry is faced with a “generational opportunity” to make a difference. Case addressed an audience this morning at the PwC breakfast briefing in Monte […]


InsurTech

Aon teams up with PayPal to support small businesses

May 2, 2022

Via: Insurance Business

Aon plc (Aon) and PayPal Holdings Inc (PayPal) have launched an initiative to help millions of PayPal’s small business customers in the US quickly access insurance through a unique digital insurance program. The partnership sees PayPal adapt Aon’s CoverWallet solution […]


News

Aon & WTW both pull business from Russia

March 14, 2022

Via: Reinsurance News

Broking giants Aon and WTW have both announced plans to withdraw all businesses from Russia, in response to the country’s invasion of Ukraine. Following the lead of Marsh McLennan last week, this means the world’s three largest insurance brokers have […]


News

People Moves: AGCS Promotes Williams to CUO Corporate, Succeeding Buckle; Aon Names Irl to U.S. Reinsurance Treaty Team; AXIS’ Gorman to Arrow Risk Mgmt

December 15, 2021

Via: Insurance Journal

AGCS Promotes Williams to CUO Corporate, Succeeding Buckle Allianz Global Corporate & Specialty SE (AGCS) has appointed Shanil Williams as new chief underwriting officer Corporate. In this role, he will join the AGCS SE board of management with effect on […]


Geo-Political, Risk Management

Aon warns of severe convective storm risk, pegs US tornados as multi-billion dollar event

December 14, 2021

Via: Reinsurance News

Aon analysis of the devastating tornado outbreak which swept several US states over the weekend echos other outlet’s in its expectation for both economic and insured losses to reach into the billions of dollars. Analysts note how the severe convective […]


Risk Management, Trends

Insurance renewals demand ESG transparency: Aon

August 24, 2021

Via: Reinsurance News

With environmental, social and governance (ESG) playing an increasingly important role in the re/insurance market, analysts at Aon have argued that setting clear and transparent ESG targets will be critical for companies during their renewals. Aon cited research that shows […]


Brokers

Aon resets executive team after WTW deal collapse

July 28, 2021

Via: Artemis BM

Broker Aon has reset its Executive Committee following the collapse of its acquisition of rival insurance and reinsurance broker Willis Towers Watson (WTW). Aon logoAon said its new Executive Committee structure is a further acceleration of its Aon United strategy, […]


Geo-Political, Risk Management

Aon expecting $10bn economic hit from recent European floods

July 23, 2021

Via: Reinsurance News

The catastrophic floods seen recently across parts of Western and Central Europe are expected to drive preliminary economic losses of over $10 billion, according to a new Aon report. Torrential rainfall caused by a slow-moving area of low pressure “Bernd” […]


Regulatory / Legal

Aon – Willis and US DoJ may be able to settle early on three counts

July 21, 2021

Via: Reinsurance News

According to court documents, it appears that Aon, its acquisition target Willis Towers Watson (WTW) and the US Department of Justice (US DoJ) are hoping to reach a settlement quickly on counts related to three of the market segments where […]


Brokers

Divestitures more likely than Aon abandoning Willis deal: Analysts

June 17, 2021

Via: Artemis BM

After the US Department of Justice (DOJ) decided to sue in an attempt to block Aon’s acquisition of broking rival Willis Towers Watson (WTW), analysts at KBW said that rather than abandoning the merger, Aon is more likely to offer […]


News

Aon selling $1.4bn of US retirement units to address US DOJ merger questions

June 3, 2021

Via: Artemis BM

Aon has announced the sale of $1.4 billion of US retirement related operations, which it says is a divestment intended to address certain questions raised by the U.S. Department of Justice over its merger combination with Willis Towers Watson (WTW). […]


Geo-Political, Risk Management

Insured 2020 cat losses estimated at $97bn by Aon

January 25, 2021

Via: Reinsurance News

Re/insurance broker Aon has estimated that catastrophe losses insured by the private sector or by government-sponsored programs totalled $97 billion over 2020. Overall economic losses were estimated at $268 billion, caused by 416 catastrophe events, leaving a protection gap of […]