Aon
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CEO Greg Case said data centre demand could generate over $10bn in new premium volume in 2026. -
The broker grew earnings per share by 12.1% during the quarter.
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The broker will join Ron Borys’ financial lines team.
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Ben Hanback joins from Aon, where he spent almost a decade.
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Part five in our series looks at how AI can empower brokers to add value as well as speed.
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Rachel Turk was speaking on an Aon Reinsurance Renewal Season panel.
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Nine-month insured losses still exceeded $100bn due to California wildfires.
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The London-based pair will report to commercial risk UK CEO Rob Kemp.
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Clear Blue originally filed the suit in late 2023, alleging reckless conduct and misrepresentation.
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The recruits will join from Nephila, Aon and Malaysian Re.
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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.
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Bazan Group’s refinery near Haifa was badly damaged by Iranian bombardment in June.
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Scale is increasingly becoming a differentiator for reinsurance carriers, the broker noted.
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Paul Campbell details how the most profitable insurers act during a soft versus hard market.
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Supply for property outstrips demand, but the casualty market is “bifurcated”.
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The California wildfires showed reinsurers can absorb major cats and remain profitable.
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What’s next for the reinsurance market as Monte Carlo approaches?
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Aon acquired NFP from Madison Dearborn in April last year in a $13.4bn deal.
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The broker is in hiring mode in specialty after numerous brokers departed for Willis Re.
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After spending 20 years at Aon, Goodman will start a senior executive position with Guy Carpenter.
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The reinsurance veteran joined Aon nearly 20 years ago from Cooper Gay.
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Paul Jeroen van de Grampel drove Aon's M&A and litigation solutions proposition.
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The lawsuit is the latest development in the multi-billion dollar reinsurance scandal.
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However, group organic growth among public brokers has slowed to pre-pandemic levels.
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Price decreases became lower throughout Q2, however, averaging 3% in April, 2.3% in May and 1.6% in June.
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Andrew Laing succeeds Rupert Moore, who will become reinsurance CEO for Asia Pacific.
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The broker has noted that double-digit reductions are increasingly available in property.
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In part II of our series, we look at where AI is being integrated into claims departments.
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The facility was previously for commercial risk clients.
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The NFP acquisition was a “tailwind for organic growth, not a key driver”, said CFO Edmund Reese.
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The broker’s EPS beat consensus at $3.49 for the quarter.
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The broker has nearly 20 years of experience in the reinsurance and retro markets.
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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 $5mn 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.
