Tag: Aon

December 15, 2021

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 […]

December 14, 2021

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 […]

August 24, 2021

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 […]

July 28, 2021

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, […]

July 23, 2021

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” […]

July 21, 2021

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 […]

June 17, 2021

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 […]

June 3, 2021

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). […]

January 25, 2021

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 […]