Is the Reinsurance Cycle Dead or Just Dormant? Executives Discuss New Realities October 2, 2018 By L.S. Howard Many reinsurance executives have been left scratching their heads in surprise after last year’s natural catastrophes, which cost a whopping...
Global H1 Insured Natural Disaster Losses 40% Lower than 10-Year Average: Aon July 26, 2018 Global insured losses from natural disasters for the first half were preliminarily estimated at US$21 billion, which is 40 percent...
U.S. Flood Models Still in Infancy, So Underwriters Must Be ‘Cautious Consumers’ July 24, 2018 By L.S. Howard The market for privately written inland flood insurance in the United States is growing rapidly, but flood modeling is still...
Reinsurance Capacity Remains Abundant for Mid-Year Renewals: Aon Benfield April 18, 2018 By L.S. Howard Global reinsurer capital continued to rise in 2017, despite the US$136 billion in insured losses from natural catastrophes last year,...
U.S. March Storms Cost Economy $3B; Argentina, Uruguay Drought $4B: Aon Report April 6, 2018 A series of winter storms and severe weather in the United States during March brought economic damages of US$3 billion,...
Aon Benfield Bermuda Hires Carpenter’s Meyenhofer as CEO; Fox & Davies Promoted March 22, 2018 Aon Benfield announced a new hire and expanded roles for its reinsurance team in Bermuda. Matthias Meyenhofer will join the...
Aon Benfield Taps Paire & Karhan from Carpenter for Capital Advisory, Terrorism Specialty Units March 8, 2018 Aon Benfield, the global reinsurance intermediary and capital adviser of Aon plc, announces two new high profile appointments to lead...
Christian Named Aon Benfield’s Global Chairman; Page Promoted to CEO of Aon UK March 1, 2018 Aon plc announced that Dominic Christian has been appointed as global chairman of Aon Benfield. At the same time, Julie...
January Windstorms to Cost Europe’s Insurers More Than $2B: Aon February 9, 2018 European windstorms Friederike, Eleanor and Carmen wreaked widespread damage in January, causing insured losses of more than $2 billion, according...
Aon Securities Structures Largest-Ever Earthquake Catastrophe Bond for World Bank February 7, 2018 Aon Securities, the investment banking division of reinsurance intermediary and capital adviser Aon Benfield, has assisted the World Bank in...