Aon
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The recruits will join from Nephila, Aon and Malaysian Re. -
Despite a rocky H1, 2025 insured losses from nat cat events may not surpass 2024 levels.
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The executive has worked at Aon for almost two decades.
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Cyberattack/data breach remains in the top slot.
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According to McKinsey, the projected spending on data centers is expected to hit $6.7tn by 2030.
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The toll of risk losses sustained by the PVT market this year is mounting.
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The broker said insurers were facing increasing pressure to improve financial performance in claims.
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This publication revealed in February the incident was expected to lead to a major claim.
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Reinsurer executives stressed that the industry worked hard on setting the right structure.
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Nick Fallon is the latest in a string of retro-broker moves in the market.
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The platform aims to “bend the loss curve”.
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Cat bonds have outperformed private ILS strategies in the YTD, according to ILS Advisers.
