Latest Aon Headlines
All the headlines from our Aon Topic Page, ordered by recency.
Aon Benfield Monthly Cat Report Says Thai Floods Insured Loss over $5 Billion
Nov 4 2011 // Aon Benfield’s latest edition of its Monthly Cat Recap report, which reviews the natural disaster perils that occurred worldwide during October, states that insurers are exposed to a minimum $5 billion loss as...
Aon Report on Thai Floods Highlights ‘Extreme Human Suffering,’ Economic Loss’
Oct 31 2011 // Aon Benfield has published a highly detailed report on the ongoing floods in Thailand, from their meteorological beginnings – extremely heavy monsoon rains – to the widespread damage they have inflicted on one of East...
Aon Profit, Brokerage Revenues Up in Q3; Hewitt Costs Take a Bite
Oct 28 2011 // Aon Corp. reported a profit jump for the third quarter ended Sept. 30, 2011. Net income increased 38 percent to $198 million, compared to $144 million for the prior year quarter. Total corporate revenue increased 51...
Home Insurance Rates Do Not Reflect Cost of Risk: Aon Benfield
Oct 24 2011 // U.S. insurers’ prospective after-tax return on equity for homeowners’ insurance is 4.8 percent on average, a decrease from the 6.9 percent of 2010, mainly due to subdued investment returns and higher estimates...
Aon Hires Willis Executive to Lead Contract Surety Unit in Boston
Oct 13 2011 // Aon Risk Solutions appointed Paul Healy as executive vice president and national managing director of contract surety. Based in Boston, Healy will lead Aon’s national contract surety unit, which helps contractors and...
Aon, Zurich Launch Innovative $100 Million Reputational Risk Coverage
Oct 11 2011 // A company’s reputation often constitutes one of its most valuable assets; however, as the damage to value, as well, as the nature of the risks that may cause it, are hard to calculate, obtaining coverage has been a...
Tunnicliffe Rejoins Aon to Lead Global Risk Consulting
Oct 7 2011 // Aon Risk Solutions, the risk management business of Aon Corp., announced the appointment of Andrew Tunnicliffe to the position of chief executive officer, Aon Global Risk Consulting (AGRC), effective October1, 2011. He has...
FSA Changes Date for Solvency II Implementation, Lloyd’s, Aon Benfield Comment
Oct 7 2011 // On October 3, the UK’s Financial Services Authority (FSA) announced a revision to the dates on which it plans to implement the provisions of the European Union’s Solvency II regulations governing the insurance...
Aon Benfield Reports Asia Monsoon Economic Losses near $7 Billion
Oct 7 2011 // Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corp, has released the latest edition of its Monthly Cat Recap report, which reviews the natural disaster perils that occurred worldwide during...
Aon Risk Solutions Hires Business Development VP in Rhode Island
Oct 3 2011 // Aon Risk Solutions, the global risk management unit of Aon Corp., has appointed Jeffrey Polucha as vice president of business development for its Providence, Rhode Island, office. Polucha comes from Soucy Insurance Agency...
People
Oct 3 2011 // The National Association of Mutual Insurance Companies (NAMIC) presented the Federal Legislator of the Year Award to U.S. Rep. Judy Biggert, R-Ill., at its annual convention in Indianapolis. Biggert currently serves as...
Aon Hires Two SVPs to Meet Southern California Growth
Sep 29 2011 // Judy Bamberger has been named senior vice president of business development for Los Angeles office of Aon Risk Solutions, a risk management business of publicly traded Chicago-based Aon Corp. Yohei Miyamoto has been named...
Xchanging Gains Full Control of Brokerage Services Subsidiary from Aon
Sep 29 2011 // Xchanging, the London-based business process and technology services provider and integrator, announced that it has “gained full control of Xchanging Broking Services Limited, the Enterprise Partnership it formed...
Aon Benfield: Reinsurers Expected to Pay 2/3 of Australia, NZ Cat Losses
Sep 29 2011 // Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corp, has issued a bulletin indicating that Australian and New Zealand insurers, who were hit with “catastrophic events” in 2010 and...
Aon Appoints Waerseggers to Head European Power Business
Sep 28 2011 // Aon Risk Solutions, the risk management business of Aon Corp., announced the appointment of Denis Waerseggers to the newly created position of European Power leader, effective December first. He joins Aon from global...
Aon Risk Appoints Bentele, Dalchow to New Global Crisis Management Posts
Sep 23 2011 // Aon Risk Solutions, the risk management business of Aon Corp., announced the appointment of Christof Bentele as the Crisis Management Practice’s chief broking officer with immediate effect. He is currently...
Aon Benfield Conference Underlines ‘Complexity’ of Catastrophic Events
Sep 22 2011 // Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corp., will urge insureds and insurers to “look at the bigger picture as cat events become more complex,” at its 12th Hazards...
Aon Risk Appoints Real Estate-Focused Account Executive in San Francisco
Sep 21 2011 // Aon Risk Solutions has appointed Jason Caya account executive of the San Francisco office. Caya is responsible for supporting Aon’s expansion in the San Francisco real estate industry. He will focus on generating new...
Aon Report Concludes Piracy Threat Spreading to East Africa Coast
Sep 19 2011 // Aon Risk Solutions, the risk management business of Aon Corp., has issued its first in depth report analyzing the threat posed by pirates. It points out that with the end of the monsoon season pirate activity usually...
Aon Risk Solutions Hires Marsh Executive for Pittsburgh Office
Sep 15 2011 // Aon Risk Solutions, the global risk management business of Aon Corp., appointed Marsh veteran John Moskal as executive vice president and regional sales director of the Pittsburgh office. Moskal comes from Marsh, where he...