Aon

GWP rose by 17% to $177bn for Aon’s peer group of reinsurers, while their average combined ratio stood at 94.0% – down from 104.4% for the prior-year period.

Aon made internal announcements on a rebrand last week, as the broker forges a new path after ending plans to merge with Willis.

Nine (re)insurance firms in London took part in the programme for career-break women, organised by diversity and inclusion firm Inclusivity and supported by the Insurance Families Network.

Hundreds from the insurance business were among those killed on 9/11, making it one of the hardest-hit industries.

The firm’s head of business intelligence Mike Van Slooten said strong capital levels contrasted with cat loss activity running above budgets. 

The CEO said large US retailers and wholesalers may look to enter reinsurance.

Plus a look at reinsurers’ cat budgets and all the top news from the week.

New chiefs announced for Asia-Pac, Emea, Canada and the Caribbean.

Arsonists attacked a chemical warehouse owned by Indian manufacturer UPL last month, amid social unrest in the country.

UK CEO Nick Frankland moves to a chairman role of a new consultancy unit.

The move comes after major defections to rivals from the firm’s retail broking and reinsurance operations earlier in the year.

Willis’s sale of its reinsurance arm was the best option it had left – but the loss will have implications for the wider business.