Latest Aon Headlines

All the headlines from our Aon Topic Page, ordered by recency.

Aon Launches Charter Flight Cancellation Coverage

Mar 14 2016 // Aon Benfield, the global reinsurance intermediary and capital advisor of Aon plc, launched an insurance product for the charter aircraft industry addressing the financial losses associated with the cancellation of...

Suit by Aon Founder Ryan Claims IT Startup Swindled Him Out of Millions

Mar 10 2016 // Aon Corp. founder Patrick G. Ryan claims he was cheated out of hundreds of millions of dollars when Mu Sigma Inc. downplayed its own growth prospects in a ruse to buy back his investment company’s early stake in the...

El Niño Wreaks Havoc in February with Fiji Cyclone, Floods & Drought: Aon Report

Mar 8 2016 // The Southern Hemisphere registered its strongest tropical cyclone on record during February with Tropical Cyclone Winston, according to Impact Forecasting, Aon Benfield’s catastrophe model development team. With...

Aon Affinity, Arch Insurance Launch Social Service Insurance Program

Mar 8 2016 // Affinity Nonprofits, a division of Aon Affinity, in partnership with Arch Insurance Group, has launched a nationwide property and casualty insurance product for the nonprofit social service sector, including organizations...

Aon Renews Shortline Railroad Excess Liability Facility

Mar 7 2016 // Aon Risk Solutions, the global risk management business of Aon plc, announced that their proprietary Shortline Railroad Excess Liability Facility in London has been renewed through 2018. The Aon Shortline Railroad Excess...

People – Southeast

Mar 7 2016 // Risk Strategies Company, a privately held national insurance brokerage and risk management firm, has expanded its nationwide Private Risk Management (PRM) practice with the hiring of Carol Wiek as vice president, private...

Aon Announces U.S. Leadership Changes; Mula Named Risk Solutions President

Feb 25 2016 // Insurance broker Aon announced several leadership appointments in the U.S. Warren Mula assumes the newly created global role of president of Aon Risk Solutions. He will serve as a strategic advisor across the business....

Aon Loss Model Offers Insurers 7.5 Million U.S. Thunderstorm Scenarios

Feb 17 2016 // Aon Benfield’s catastrophe model development team, Impact Forecasting, has launched a U.S. severe thunderstorm (STS) scenario model that it says can help insurers more accurately estimate annual losses based on...

Aon Launches Lloyd’s Lead Facility for U.S. Casualty Risks

Feb 8 2016 // Aon plc has launched Lloyd’s Lead Excess Aon Facility (Lloyd’s LEAF), a program that increases placement options for Aon’s U.S. clients facing global casualty risks while delivering greater contract...

Aon Reports 27% Rise in Q4 Net Income; 1% Decline During Full Year

Feb 5 2016 // London-based Aon plc reported net income attributable to Aon shareholders in the fourth quarter of 2015 was $584 million, or $2.09 per share, a 27 percent increase from $459 million, or $1.56 per share, reported during for...

Insured Nat Cat Losses 31% Below Average During 2015: Aon Benfield Report

Jan 14 2016 // Global natural disasters in 2015 caused a combined total insured loss of $35 billion – 31 percent below the 15-year average of $51 billion and the lowest annual insured loss total since 2009, said a report issued by...

JLT Specialty Taps Aon Exec Kotlewski as Senior VP in New York

Jan 11 2016 // JLT Specialty USA, the U.S. subsidiary of Jardine Lloyd Thompson Group plc. (JLT), has hired Brad Kotlewski as senior vice president. Kotlewski will be based in the New York City office. Kotlewski will join JLT’s...

Dallas-Area Tornadoes Account for a Big Chunk of December Insured Losses in U.S.

Jan 7 2016 // A recently released report shows that damage estimates from the natural disaster events that occurred in the United States in December 2015 will amount to more than $4 billion. Aon Benfield’s catastrophe model...

Insurance Costs for December Weather in U.S. Could Top $2 Billion: Aon

Jan 6 2016 // Total economic losses from the weather events in the U.S. during the month of December will exceed $4 billion, with insured losses likely to approach or exceed $2 billion, according to Aon Benfield’s catastrophe...

India Floods Top Aon Benfield/Impact Forecasting’s November Cat Recap

Dec 8 2015 // Impact Forecasting, Aon Benfield’s catastrophe model development team, has issued the latest edition of its monthly Global Catastrophe Recap report, which evaluates the impact of natural disaster events that occurred...

Health Care Costs

Dec 7 2015 // Open enrollment – the time of year that many employees and employers either love or hate. Well, mostly hate because today’s health insurance open enrollment usually means higher costs – at least for my family of...

Aon Benfield Names Nevard Chief Commercial Officer, Global ReSpecialty Unit

Nov 19 2015 // Aon Benfield has appointed Russell Nevard as chief commercial officer of its Global ReSpecialty reinsurance division. He will join the business in April 2016. Based in London, Nevard will report to Robert Bisset, chief...

U.S. Health Care Cost Increases at Lowest Rate in Nearly 20 years: Aon

Nov 12 2015 // After plan design changes and vendor negotiations, the average health care rate increase for mid-size and large companies was 3.2 percent in 2015, marking the lowest rate increase since 1996, according to a new analysis by...

Aon Benfield to Launch New Malaysia Cat, Jakarta Flood Models

Nov 2 2015 // Impact Forecasting, Aon Benfield’s catastrophe model development team, is launching new models for Malaysia and Jakarta flood to help insurers and reinsurers better underwrite and manage their exposures in Asia. The...

Outlook for Homeowners Insurance Market Improves: Report

Nov 2 2015 // The outlook for the U.S. homeowners market has improved over last year thanks in part to rate increases and lower reinsurance costs, according to reinsurance intermediary Aon Benfield. A new report by Aon Benfield...