Aon Takes a Holiday March 30, 2021 Aon announced it is closing operations and taking a global holiday on April 1st and April 2nd. These two days...
A U.S. Storm that Will Break Insurance Records – and Other February Storms, Quakes March 15, 2021 February saw a spate of winter storms in the United States, including the period from Feb. 12-20, which will become...
Update – Aon’s $30B Bid for Willis Towers Watson Faces EU Antitrust Warning: Reuters March 3, 2021 By Foo Yun Chee BRUSSELS – Aon will face a list of objections by the EU’s antitrust watchdog which it must overcome with concessions...
Australia Regulator Raises Antitrust Concerns over $30B Aon-Willis Towers Watson Deal February 18, 2021 Australia’s competition regulator on Thursday raised initial concerns over Aon’s $30 billion bid for Willis Towers Watson to create the...
Insurers Overwhelmed by Demand for D&O Coverage for Blank Check Companies February 10, 2021 By Katherine Chiglinsky and Jenny Surane The SPAC boom is overwhelming a key player in the creation of a blank-check companies: insurers. Firms selling directors-and-officers liability...
Willis Towers Watson to Pay $2.1M Cash Retention Agreements for 4 Executives February 8, 2021 Willis Towers Watson has approved retention agreements worth $2.1 million for four executives as an incentive for their continued employment...
Property Catastrophe Bond Placement Reaches Record in 2020 and Q4: Aon February 4, 2021 Approximately $11 billion of property catastrophe bond limit was placed in 2020, the highest on record, according to a new...
Nearly Two-Thirds of Global Catastrophe Economic Losses Unaddressed by Insurance January 25, 2021 There were 416 natural catastrophe events globally in 2020 that resulted in economic losses of $268 billion – 8% above...
Aon CEO Greg Case Recognized as Top Ally of LGBTQ+ Employees and Individuals January 20, 2021 Aon CEO Greg Case has been recognized for advancing the equality of LGBTQ+ employees and individuals. Specifically, Case was named...
Moment of Change: How the Insurance Industry Can Bridge the Diversity Gap, Be an Ally January 15, 2021 By Amy O'Connor The deaths of George Floyd and Breonna Taylor by white police officers last year sparked protests and examinations of racial...