Latest Aon Headlines
All the headlines from our Aon Topic Page, ordered by recency.
Global Flood Events Rack Up $5B in Economic Costs in June: Aon Report
Jul 8 2016 // Major floods across the globe during June – topped by events in China and the U.S. – are expected to bring economic costs in excess of US$5.0 billion, according to Impact Forecasting, Aon Benfield’s catastrophe...
Aon Benfield Names Foord-Kelcey as Co-Head of Cyber Practice Group
Jun 21 2016 // Aon plc has appointed Luke Foord-Kelcey to co-head Aon Benfield’s Global Cyber Practice Group, reinforcing the firm’s commitment to cyber risk management and transfer. Based in London, Foord-Kelcey will be...
‘Brexit’ Would Damage UK’s Leadership Position in Insurance: Aon
Jun 21 2016 // Aon Plc Chief Executive Officer Greg Case, who moved the insurance broker to London from Chicago four years ago, said the U.K.’s centuries-long leadership in the industry would be damaged if voters choose to leave...
Global Disasters During May to Cost Insurers at Least $7B: Aon Report
Jun 9 2016 // Global disasters led to at least $7 billion in claims during May as insurers aid the recovery process following wildfires, floods, and storms, according to Impact Forecasting, Aon Benfield’s catastrophe model...
Aon Benfield Chile Taps Soto Quintus as CEO, Molina as Treaty Head
Jun 7 2016 // Aon Benfield has appointed Martin Soto Quintus as chief executive officer of Aon Benfield Chile. Reporting to Alejandro Galizia, CEO of Aon Benfield Latin America, Soto Quintus is responsible for the development and...
Aon Benfield Enhances Poland Flood Model
May 25 2016 // Impact Forecasting, Aon Benfield’s catastrophe model development team, has launched a new version of its catastrophe model to enhance understanding of the financial impact of floods in Poland. Aon Benfield is the...
Aon Signs $1.3B Pension ‘De-Risking’ Deal with UK’s Pension Insurance Corp.
May 12 2016 // Pension Insurance Corp. agreed to insure 900 million pounds ($1.3 billion) of Aon Plc’s Retirement Plan in the U.K. as the world’s second-largest insurance broker seeks to reduce risk. The agreement with Aon...
Natural Disaster Losses Hit Five-Year High in April: Aon Catastrophe Report
May 5 2016 // The global economy suffered the worst April natural disaster losses for five years, according to Impact Forecasting, Aon Benfield’s catastrophe model development team. Earthquakes, convective storms and flooding...
Specialist Broker Capsicum Re Launches in Latin America; Operation Led by Smith
May 4 2016 // Capsicum Re, the London-based specialist reinsurance broker, announced it has launched Capsicum Re Latin America (CRLA). “This is a major step in Capsicum Re’s strategy to become a full service, international,...
Captives View Business Interruption as Top Cyber Threat: Aon Global Risk
May 2 2016 // The costs of business interruption due to a breach is the top cyber risk concern for businesses across all industries, according to a new survey of captives. Aon Global Risk Consulting, in its 2016 Captive Cyber Survey...
Aon Reports 4% Drop in Q1 2016 Net Income to $315 Million
Apr 29 2016 // London-based Aon plc reported net income attributable to Aon shareholders of $315 million, or $1.15 per share, during the first quarter ending March 31, which is down 4 percent from $328 million, or $1.14 per share, from...
Aon Launches Next Generation of ReMetrica for Risk & Capital Modeling
Apr 27 2016 // Aon Benfield, the global reinsurance intermediary and capital adviser of Aon plc, has launched ReMetrica Version 7.0 – its next generation platform for risk and capital modeling. Following Solvency II and equivalent...
Willis, Aon and Verisk Agree: Q1 Cat Bonds Hit Record Issuance
Apr 21 2016 // There’s more evidence that catastrophe bond issuance hit record territory again during Q1. This time, Aon Securities and a division of Willis Towers Watson are making the call, after a Verisk arm did so earlier in...
Heaven Moves from Aon to Markel International’s Credit & Political Risk Division
Apr 20 2016 // Markel International, the London-based specialist insurer and subsidiary of Markel Corp., has appointed Lida Heaven as an underwriter in its trade credit and political risk division. Heaven previously worked as a political...
RIMS 2016: Keep Eye on Captives as Cyber Risk Solution
Apr 18 2016 // Powered by InsuranceJournal.tv Are cyber captives on the horizon? More and more organizations are considering using captives to address their cyber risks but just as the risk is evolving so is the role of captives in this...
RIMS 2016: Captives See Business Interruption as Top Cyber Threat
Apr 15 2016 // The costs of business interruption due to a breach is the top cyber risk concern for businesses across all industries, according to a new survey of captives. Aon Global Risk Consulting, in its 2016 Captive Cyber Survey...
Europe Terrorist Attacks in 2015 ‘Most Lethal’ in Nearly a Decade: Aon Risk Map
Apr 13 2016 // As terrorists increasingly target private citizens and public gatherings, last year marked the most lethal year for terrorist violence in Europe in nearly a decade, according to Aon Risk Solutions’ 2016 Terrorism and...
U.S. Storms in March Will Cost Insurers $2 Billion: Aon Benfield’s Cat Report
Apr 7 2016 // Insurers face a $2.0 billion bill following seven severe storm events across multiple states in March, according to Impact Forecasting, Aon Benfield’s catastrophe model development team. Overall economic losses...
Alternative Capital Up 12%, Traditional Reinsurance Drops 4% in 2015: Aon Report
Apr 6 2016 // Alternative capital continues to make its presence felt in the reinsurance market, increasing by 12 percent during 2015 to $72 billion, while traditional capital decreased by 4 percent to $493 billion, according to a...
Aon Benfield Launches Global Reinsurer Trading Platform with Real-Time Data
Apr 5 2016 // Aon Benfield, the reinsurance intermediary and capital adviser of Aon plc, will launch on April 11 a global reinsurer trading platform called ABConnect Placements. Available for use with the July 1 renewals, ABConnect...
