Germany’s Floods Will See ‘Sizable’ Protection Gap. Could Insurance Demand Increase? July 22, 2021 By L.S. Howard With an insured price tag of €4 billion to €5 billion (US$4.7 billion to $5.9 billion), economic losses from Germany’s...
People Moves: Aon Cyber Appoints Bixby; Guy Carpenter Adds 2 from Willis Re, Zywave Names 3 Senior Leaders July 20, 2021 Hacking Expert Bixby Joins Aon Cyber Solutions Aon has appointed Adam Bixby as the new managing director, Proactive Security leader,...
People Moves: Aon’s EMEA Promotions; Lockton Re Hires Charit from Aon; Miller Names Hobbs as Head of Cyber July 16, 2021 This edition of International People Moves covers appointments at three re/insurance brokers: Aon, Lockton Re and Miller. A summary of...
EU Approves Aon-Willis Towers Watson Merger, but Other Roadblocks Remain July 9, 2021 By L.S. Howard The European Commission has approved the acquisition of Willis Towers Watson by Aon, lifting a major roadblock to the proposed...
People Moves: Liberty Mutual’s Streeton to Aon Reins Solutions; Guerin Promoted at Marsh UK Corporate; Ed Broking’s Parker and Lech to Alesco June 28, 2021 These international People Moves cover recent appointments at three insurance brokers: Marsh, Aon and Alesco. A summary of these new...
8 Reinsurers Provide $897M Cover for Lloyd’s Central Fund with Aon as Placing Broker June 21, 2021 Lloyd’s announced the marketplace has secured a five-year £650 million ($897 million) reinsurance cover for its Central Fund—a move that...
Aon-WTW Merger Would Help Boost Industry’s Innovation. Aon CEO Makes the Case. June 18, 2021 By L.S. Howard The enhanced ability to innovate is a principal motivator for Aon’s proposed acquisition of Aon and Willis Towers Watson. It’s...
U.S. Justice Department Files Suit to Block Aon’s Purchase of Willis Towers Watson June 16, 2021 Aon’s proposed $30 billion acquisition of Willis Towers Watson has hit a major roadblock, with the U.S. Department of Justice...
May’s Global Disasters Include Hailstorms, Floods, Cyclones, Quakes, Volcanic Eruption June 11, 2021 U.S. insurers face a multi-billion-dollar payout from May’s convective storms, which spawned extensive hail, tornado, wind and flood damage across...
Aon to Sell Pensions Business in Germany, in Another Step to Get EU Nod for WTW Deal May 17, 2021 Aon plc announced it has signed a definitive agreement to sell its pensions consulting, pension insurance broking, pensions administration and...