Aon News

Reinsurance Buyers With Good Portfolio Stories See Better Renewal Outcomes: Brokers

Reinsurance buyers generally found ample capacity during the January renewals as well as increased reinsurer appetite, which led to risk-adjusted rate reductions and improved terms and conditions for clients that could demonstrate differentiated strategies, reinsurance brokers Aon, Gallagher Re and …

Business Moves: Aon, Guy Carpenter, WTW Each Complete Previously Announced M&As

Insurance brokers Aon plc, Guy Carpenter and WTW announced they each have completed previously announced mergers and acquisitions. Aon’s acquisition of Griffiths & Armour, which was first announced in November 2024, officially completed on Jan. 1, 2025. Aon said the …

Aon and EBRD Launch €110M Facility to Provide Cover for War-Related Risks in Ukraine

Insurance broker Aon and the European Bank for Reconstruction and Development (EBRD) have structured a €110 million (US$115.6 million) facility to provide reinsurance capacity for international reinsurers and Ukrainian insurance companies to cover war-related risks in Ukraine. Under the Ukraine …

People Moves: O’Connell to Lead Aon’s Reinsurance Global Cyber Strategy; Flude New CEO of Lancashire Insurance US; Hippo Names Collins CMO

Aon Names O’Connell as Global Cyber Strategy and Growth Leader Aon plc named Robert O’Connell as global cyber strategy and growth leader, executive managing director, within its Reinsurance Solutions business. O’Connell will be based in New York. Previously, O’Connell served …

Aon to Purchase In-House Insurance Agency of Mitsubishi Chemical Group in Japan

Insurance broker Aon plc announced it has signed a definitive agreement to acquire the in-house insurance agency business of Mitsubishi Chemical Group (MCG), enhancing Aon’s risk and health capability offering in Japan. Financial details of the deal were not disclosed. …

Aon’s NFP Acquires Irish Wealth and Corporate Benefits Advisory Business

NFP, the Aon company and international insurance brokerage and consulting firm, announced it has acquired HC Financial, a financial planning and corporate employee benefits advisory business based in Galway, Ireland. Financial details of the deal were not disclosed. The HC …

Aon to Acquire UK Insurance Broker Griffiths & Armour

Insurance broker Aon plc has signed a definitive agreement to acquire UK-based insurance broker Griffiths & Armour. Financial details of the deal were not disclosed. Upon completion of the transaction, Griffiths & Armour will become wholly owned by Aon UK …

People Moves: Aon Underwriting Managers Appoints LSM’s Clapham as CUO; Lloyd’s Taps Aviva’s Adams as Chief People Officer, Succeeding Gomez

This edition of International People Moves details appointments at Aon Underwriting Managers and Lloyd’s of London. A summary of these new hires follows here. Aon Underwriting Managers Appoints LSM’s Clapham as CUO Aon plc, the global professional services firm, announced …

Global Natural Catastrophe Insured Losses Exceed $102B During Q1-Q3 2024: Aon

The third quarter of 2024 saw a significant number of natural disaster events, which drove year-to date economic losses above at least $258 billion and insured losses of at least $102 billion, according to Aon plc in its Q3 Global …

People Moves: Aon Reinsurance Solutions Announces New Senior Leadership Roles; Ryan Specialty Underwriting Managers Int’l Hires 3 in Leadership Team

This edition of International People Moves details appointments at Aon and Ryan Specialty Underwriting Managers International. A summary of these new hires follows here. Aon Announces New Senior Leadership Roles in U.S. Reinsurance Solutions Team Insurance broker Aon plc announced …