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Aon executive Daniele de Bosini said reinforced infrastructure had mitigated the impact of recent disaster events.

The broker is discussing the potential for "smart frequency solutions" with reinsurers.

The business put up strong H1 numbers, and has named Christian Dunleavy group president.

European storm Boris could have taken a much worse toll on (re)insurers, but improvements to infrastructure and underwriting standards made it less impactful than it could have been, Daniele de Bosini, strategic growth leader for EMEA at Aon reinsurance solutions, told Insurance Insider in a live video interview at Baden-Baden.

Assuming Munich Re takes roughly a 3% market share of hurricane losses suggests a ~$20bn industry loss for Helene.

Paul Nolan is expected to join Globe in July 2025.

The reinsurer said three Canadian loss events in the quarter will lead to similar claim expenditure as Hurricane Helene.

TMK CUO Matthew Shaw has also been elevated to CEO.

The carrier also warned of “uncertainty” around 2021 due to exposure to “Western-leased aircraft in Russia”.

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As a result of mostly flooding, £495mn ($644mn) of losses occurred in the UK.

European property cat rates stabilised and, in some cases, decreased this year following corrections in 2023.