Aon
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The broker has nearly 20 years of experience in the reinsurance and retro markets. -
The impact on the (re)insurance market has been muted due to its strong capital position.
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The former Lloyd’s CEO is also eligible for a target $5m annual equity award.
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A look into how the insurance industry is using AI and where practical gains are arising.
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Plus, the latest people moves and all the top news of the week.
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The broker said the appointments are designed to drive growth.
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John Neal was due to start at Aon as global reinsurance CEO in September.
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US events accounted for more than 90% of global insured losses.
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Rates continue to drop as capacity is ample, the broker said.
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Gallagher, Marsh and Aon also faced sizeable outstanding premium payments as at Q4 2024.
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The broker has expanded the number of global industry verticals to seven from four.
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