Insurance Covered $90B of Natural Disaster Losses in 2018, Leaving 60% Protection Gap January 22, 2019 The economic costs of last year’s 394 natural catastrophe events came to US$225 billion with insurance covering US$90 billion of...
Jan. 1 Renewals Saw ‘Muted Impact’ from 2018’s Catastrophes: Guy Carpenter January 14, 2019 The overall impact of catastrophe losses on property rates was muted at the Jan. 1, 2019 reinsurance renewals, but the...
Global Reinsurance Capital Is Resilient Despite Losses of $230B over 2 Years: Aon January 11, 2019 By L.S. Howard Global reinsurance capital – comprising traditional and alternative capital – fell 2 percent in 2018 to US$595 billion from $605...
Aon Taps Jones from Guy Carpenter as Exec. Chairman, Asia Reinsurance Solutions November 21, 2018 Aon plc has appointed Richard Jones as executive chairman of its Reinsurance Solutions business in Asia. Jones will be responsible...
July’s Droughts, Wildfires, Floods Caused Billions in Global Economic Losses: Aon August 10, 2018 Many countries across the globe saw worsening in drought-related and wildfire conditions during July, which have led to hundreds of...
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...