Latest Aon Headlines
All the headlines from our Aon Topic Page, ordered by recency.
Aon Targets M&A Market with Intellectual Property Assessment Offering
Nov 20 2020 // Insurance broker Aon has launched the Quality of Intellectual Property (QoIP) Solution that is designed to help companies receive higher transaction value by specifically articulating the quality of the seller’s IP...
Aon Secures $70M in Alternative Capital Capacity to Transfer Systemic Cyber Risk
Nov 19 2020 // Insurance broker Aon plc has launched a new product with Hudson Structured Capital Management Ltd. (an asset manager undertaking its re/insurance business as HSCM Bermuda) to protect insurers and reinsurers against...
Aon Launches Asia Pacific Capital Advisory Unit to Assist Re/insurer Clients
Nov 18 2020 // Insurance broker Aon plc has launched an Asia Pacific Capital Advisory unit within Reinsurance Solutions to deliver a holistic approach to capital optimization for re/insurers. The initiative follows Aon’s launch of...
Lockton Hires Aon’s Stine as Midwest Series VP in St. Louis
Nov 16 2020 // Lockton has added Casey Stine as a vice president and Business Development consultant for the firm’s Midwest Series. Stine, who has nearly a decade of experience in employee benefits and corporate human resource...
Aon Invests $30 Million to Create 10,000 Apprenticeships Nationwide by 2030
Nov 12 2020 // Global insurance broker Aon said it is expanding its corporate apprenticeship program with an investment of $30 million over the next five years. With this expansion, Aon hopes to develop a nationwide network of employers...
Florida Property Insurance Market Inches Closer to Crisis – Part 1
Oct 29 2020 // After years of warnings that the Florida property insurance market was heading towards an availability crisis, many in the industry say the moment of reckoning has arrived. They blame unchecked claims litigation from...
Marsh Adds Aon’s Albers to Lead Its Life Sciences Practice
Oct 22 2020 // Insurance broker Marsh announced that Eddie Albers has joined the firm to lead its U.S. Life Sciences practice. As the leader of Marsh’s U.S. Life Science Practice, Albers will play a key role in assisting life...
Guy Carpenter Taps Miller from Aon to Lead Property Catastrophe UK, Global Specialties
Sep 29 2020 // Guy Carpenter & Co., the reinsurance brokerage business of Marsh & McLennan Cos., announced the appointment of Paul Miller to lead Guy Carpenter’s Property Catastrophe value proposition for UK, Global...
Reinsurance Demand Rises, Along with Flight to Quality, Say Industry Experts
Sep 28 2020 // Not only has reinsurance buying increased, but there also has been a flight to quality reinsurers by ceding insurance companies, according to several reinsurers and brokers in recent webinars held in lieu of what would...
Catastrophe Losses Driven Higher by Secondary Perils – And Climate Change
Sep 23 2020 // Secondary perils, exacerbated by climate change, are driving catastrophe insurance losses, warn a growing chorus of reinsurers and brokers. Indeed, broker Aon reveals that more than 60% of 2020’s insured catastrophe...
Reinsurers Enter January Renewals, Focusing on Underwriting Discipline: Carpenter, Aon
Sep 14 2020 // Economic uncertainty and volatility, in combination with COVID-19-related losses, is leading to a heightened level of cautiousness among property reinsurers unless pricing and terms and conditions meet specific thresholds,...
Business Moves
Sep 7 2020 // National Aon, Wills Towers Watson Shareholders of insurance brokers Aon and Willis Towers Watson have approved all of the proposals necessary to complete their previously announced combination, the firms announced. Aon...
Insurers Say They’re Having Trouble Recruiting New Employees
Sep 2 2020 // U.S. insurers want to fill existing positions or expand their staffs over the next year but say they are still having trouble recruiting, even during the COVID-19 pandemic where unemployment has skyrocketed, according to a...
Aon, Willis Towers Watson Shareholders Approve Merger
Aug 26 2020 // Shareholders of insurance brokers Aon and Willis Towers Watson have approved all of the proposals necessary to complete their previously announced combination, the firms announced. Aon intends to combine with Willis in an...
Aon’s New Capital Partners Aims to Tap Additional Sources of Capital for Reinsurance
Aug 19 2020 // Global broker Aon has formed a new team in its Reinsurance Solutions business that will focus on building global investor relationships in order to identify additional sources of capacity to clients. The new Capital...
Leading Proxy Advisory Firms Recommend Shareholders Approve Aon, WTW Merger
Aug 11 2020 // Aon plc and Willis Towers Watson announced that two leading proxy advisory firms have recommended that shareholders vote in favor of the companies’ proposed combination. Institutional Shareholder Services Inc. (ISS)...
People & Places
Aug 10 2020 // National Aon announced that Brent Rieth is the new U.S. practice leader of the Cyber Solutions Errors and Omissions/Cyber Broking team. Rieth first joined Aon in 2009 as team leader of the E&O/Cyber broking effort for...
Aon’s Reinsurance Solutions Taps Turner from AXA XL to Lead UK Property Team
Aug 4 2020 // The Reinsurance Solutions business of Aon plc has appointed Catherine Turner as head of UK Property, and co-leader with Richard Evans of its UK & Ireland and Specialty Casualty business. Turner will report to Peter...
COVID-19 Couldn’t Stop Robust Quarter for ILS Issuance: Aon
Jul 31 2020 // Usage of insurance linked securities the first six months of 2020 is already 20% higher than all of 2019, underscoring the sector’s momentum and resilience even with the coronavirus pandemic, Aon Securities said in a...
Marsh & McLennan Profit Up in Q2; CEO Sees Aon-Willis Merger ‘Good’ for MMC
Jul 30 2020 // The pending acquisition by insurance broker Aon of rival Willis Towers Watson is “not good for the market or for clients but is good for Marsh & McLennan,” commented Daniel Glaser, president and chief...
