March 4, 2024
This edition of International People Moves details appointments at Aon’s Reinsurance Solutions Bermuda unit and Acrisure Re in London. A summary of these new hires follows here. Aon Promotes Romeo to CEO of Bermuda Reinsurance Operations Insurance broker Aon plc …
February 26, 2024
As the best hedge fund strategy of 2023 becomes a magnet for mainstream investors, the risk models it relies on are getting a lot tougher to crack. The strategy in question is tied to insurance-linked securities, which are dominated by …
February 22, 2024
This edition of International People Moves details appointments at Aon and the London market’s electronic trading platform, PPL. A summary of these new hires follows here. Aon Promotes Goosen as Head of Professional Services, London Global Broking Centre Insurance broker …
February 21, 2024
Aon’s proposed $13.4 billion acquisition of NFP passed a regulatory waiting period Feb. 21, the companies said. While the acquisition is still subject to other regulatory and closing conditions, it has cleared the 30-day waiting period under the Hart-Scott-Rodino Antitrust …
February 12, 2024
More than half of insurance companies expect to increase staff in the next year, according to the latest labor market study from Aon and the Jacobson Group. Meanwhile, 77% of carriers expect to increase revenue in the next 12 months. …
February 9, 2024
Five of the largest publicly traded insurance brokers — Marsh & McLennan Cos., Aon, Arthur J. Gallagher, WTW and Brown & Brown – reported generally strong revenues in 2023, with annual increases ranging from 7% (Aon) to 18% (Arthur J. …
January 25, 2024
This edition of International People Moves details appointments at the re/insurance group Aventum, the broker Aon, and insurer Chubb. A summary of these new hires follows here. Aventum Promotes Eldridge to MD Aventum, the London-based re/insurance group that operates across …
January 25, 2024
The insurance industry is grappling with a new kind of weather risk that’s increasingly driving its biggest loss category. While no single weather event caused more than $10 billion in losses for insurers last year, there were 37 thunderstorms that …
January 24, 2024
Global insured losses from natural catastrophes totaled $118 billion in 2023, according to Aon’s annual Climate and Catastrophe Insight report. That number represented 31% of the total economic loss caused by 398 global natural disaster events. While 2022 saw the …
January 22, 2024
For hedge funds, the science of catastrophes helped generate the best returns of any alternative investment strategy last year. The calculus around natural disasters such as hurricanes and cyclones fed record gains at funds managed by firms including Tenax Capital, …