Broker Aon to Move Jurisdiction of Incorporation to Ireland Due to Brexit October 29, 2019 Insurance broker Aon plans to move its parent company’s jurisdiction of incorporation to Ireland from Britain due to Brexit, it...
Aon Appoints Moran to Create Consistent Approach to Client Engagement October 23, 2019 Aon plc announced the appointment of Michael Moran to lead the insurance broker’s efforts to drive better client outcomes by...
Demand for Trade Credit Insurance Grows Rapidly, as Brexit Fuels Insolvency Concerns October 16, 2019 By Carolyn Cohn Companies are stepping up purchases of insurance to protect themselves against insolvencies in Britain, industry sources say, in part due...
Hurricane Dorian Ties as Strongest Landfalling Atlantic Hurricane on Record: Aon October 14, 2019 Hurricane Dorian made landfalls in the Bahamas, North Carolina, and Canada in early September, bringing total economic and insured losses...
Here’s How Aon’s New Reinsurance Auction Works September 17, 2019 By L.S. Howard The broker Aon plc has launched an auction capability for the Jan. 1, 2020 reinsurance renewals, which is designed to...
Specialty Lines Insurance: Innovating at the Edges of Society and the Economy September 17, 2019 By L.S. Howard Emerging risks with little or no claims history can be notoriously difficult to underwrite—but many specialty lines companies are finding...
Aon Launches Real-Time Loss Forecasting for U.S. Hurricanes, European Windstorms September 9, 2019 Aon plc has launched Automated Event Response (AER), designed to enable insurers to view real-time portfolio risks from two of...
Hurricane Barry Cost Economy $600M, Insurers $300M: Aon Catastrophe Report August 9, 2019 Total economic losses, largely flood-driven, were expected to exceed US$600 million, while public and private insurers paid out nearly US$300...
Space Insurance Premiums Could Double After European Vega Rocket Crash July 31, 2019 By Carolyn Cohn, Tom Sims and Noor Zainab Hussain Space rockets and satellites are likely to cost more to insure after the European Vega rocket crash this month, which...
Aon Names Barrett Regional Managing Director EMEA, Captive & Insurance Mgmt. July 25, 2019 Aon has appointed Vincent Barrett as regional managing director EMEA for its Captive & Insurance Management business. In his new...