Aon
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Total reinsurer capital grew by $45bn in 2024 to $715bn.
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Sources said extending coverage to Gen AI may be difficult and unnecessary.
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Plus, the latest people moves and all the top news of the week.
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The broker has promoted Oriol Gaspa Rebull to global head of analytics strategy.
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Earlier today, Aon confirmed president Eric Andersen had stepped down from his role.
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The executive will remain with the firm as a senior adviser to the CEO until mid-2026.
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Eric Paire was head of capital advisory at Aon for nearly seven years.
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The steep reduction in quantum stands to benefit specialty excess of loss reinsurers.
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Sources said the claim is likely to be a multi-hundred-million-dollar event.
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Plus, the latest people moves and all the top news of the week.
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Single-digit organic growth, robust casualty pricing and tapering margins were all key trends.
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