According to Aon, global insured losses from natural disasters and severe weather were approximately 13% higher than the annual decadal average as of early fourth-quarter 2021, totaling approximately $107 billion. In contrast, the number of events recorded remains below average for the year-to-date (YTD) in 2021, but the financial loss from these natural disasters and… Continue reading Aon: Insured Global Natural Disaster Losses Reach $107 Billion YTD 2021
Tag: Aon
Ida Expected to Be Among Costliest Hurricanes to Impact U.S. Mainland: Aon Catastrophe Report
Aon plc, a leading global professional services firm providing a broad range of risk, retirement and health solutions, today launched the latest edition of its monthly Global Catastrophe Recap report, which evaluates the impact of natural disaster events worldwide during August 2021. The report states that Hurricane Ida made landfall in the United States as… Continue reading Ida Expected to Be Among Costliest Hurricanes to Impact U.S. Mainland: Aon Catastrophe Report
Aon Evolves Reinsurance Solutions Team to Bring Greater Choice and Innovation to Clients
Aon plc, a leading global professional services firm providing a broad range of risk, retirement and health solutions, today announced new global leadership roles in Reinsurance Solutions to enable greater focus on creating client value, product and market segmentation and regional reach. This evolution of the team is designed to create greater opportunities for existing… Continue reading Aon Evolves Reinsurance Solutions Team to Bring Greater Choice and Innovation to Clients
Aon Launches Employer Solution to Improve Musculoskeletal Care for Workers
Aon plc has launched its MSK Integrated Care Solution with three leading health care companies to help employers improve quality and affordability of musculoskeletal care for their employees. Aon, a leading global professional services firm providing a broad range of risk, retirement and health solutions, will help employers engage and educate their workforce as well… Continue reading Aon Launches Employer Solution to Improve Musculoskeletal Care for Workers
Gallagher Hires Wakefield from Aon as New CEO of Gallagher Re
Gallagher, the global broking brand of Arthur J. Gallagher & Co., has announced the hire of Tom Wakefield from Aon to take on the role of Chief Executive Officer (CEO) of its reinsurance business, Gallagher Re. Wakefield will take over the Gallagher Re CEO role from Simon Behagg, who is transitioning into a new role… Continue reading Gallagher Hires Wakefield from Aon as New CEO of Gallagher Re
Aon to Sell Its German Retirement and Investment Business to Help Secure Willis Deal
Aon plc, a leading global professional services firm providing a broad range of risk, retirement and health solutions, today announced the firm has signed a definitive agreement to sell its pensions consulting, pension insurance broking, pensions administration and investment consulting business in Germany to Lane Clark & Peacock LLP (LCP). The agreement resolves questions raised… Continue reading Aon to Sell Its German Retirement and Investment Business to Help Secure Willis Deal
Aon Forms EMEA M&A and Transaction Solutions Advisory Board for M&A Practice Growth
Aon plc, a leading global professional services firm providing a broad range of risk, retirement and health solutions, today announces the formation of its EMEA M&A and Transaction Solutions Advisory Board. The new advisory board will support the growth and development of Aon’s M&A practice across the UK and EMEA, as it continues to expand… Continue reading Aon Forms EMEA M&A and Transaction Solutions Advisory Board for M&A Practice Growth
Arthur J. Gallagher Is in Talks to Buy Aon, Willis Assets
Insurance brokerage Arthur J. Gallagher & Co. is in talks to buy a portfolio of assets from Aon Plc and Willis Towers Watson Plc for about $3 billion, according to people familiar with the matter. An agreement could be reached in the coming weeks, said the people, who asked to not be identified because the… Continue reading Arthur J. Gallagher Is in Talks to Buy Aon, Willis Assets
Aon Global Market Insights Report Finds Upward Insurance Pricing Momentum to Continue in 2021
Aon plc, a leading global professional services firm providing a broad range of risk, retirement and health solutions, today released its Q4 2020 Global Market Insights Report, which finds that insurance pricing is up across most lines and classes globally, as COVID-19 impacts, including the economic downturn, have resulted in heightened underwriting scrutiny and risk… Continue reading Aon Global Market Insights Report Finds Upward Insurance Pricing Momentum to Continue in 2021
Aon Report Highlights a Path Toward “The New Better” in Wake of COVID-19 Pandemic
Aon plc, a leading global professional services firm providing a broad range of risk, retirement and health solutions, has published a global report, “Helping Organizations Chart a Course to the New Better,” which presents research, regional findings and trends on how organizations have responded to the novel coronavirus (COVID-19) pandemic to date and are adapting… Continue reading Aon Report Highlights a Path Toward “The New Better” in Wake of COVID-19 Pandemic