Aon
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This publication’s review of H1 disclosures shows how listed (re)insurers’ nat cat losses have tallied with aggregate projections. -
The process provides further evidence of larger deal sizes becoming more frequent in the legacy space.
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Jeremy Goodman will relocate from Singapore to London and replace Nick Frankland, who remains in the business as chairman of Aon’s Strategy and Technology Group.
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The CEO said the (re)insurance industry is not doing enough to meet the climate challenge ahead.
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The broker said 2022 cat bond issuance was likely to match the record levels of 2021.
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Aon’s reinsurance solutions CEO, Andy Marcell, said the loss ratios of treaties managed by the brokerage firm performed “pretty well” in the past 10 years.
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The team will offer strategic consulting and technology solutions, starting with clients in property, casualty, life and reinsurance.
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The board expects to appoint Karaboutis to the audit committee.
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The executive joins Aon after 16 years at European reinsurer Scor, where he served as Caribbean market manager.
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It is understood Markel is the lead insurer and Aon’s Risk Solutions is the broker on the $200mn policy.
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In its ILS annual report, the broker noted that demand for capacity now exceeded supply of capital.
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William Bruce will be responsible for building and leading Aon’s global climate risk consulting team.
