Company: Aon Page 2 / 2
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- January 25 2024
China’s parametric pilots for nat cat cover finding early success: Taiping Re CEO
Wider use of index-based insurance and ILS is key to finding much-needed capacity for (re)insurers and widening nat cat insurance, according to Sheldon Yu.
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- January 24 2024
Election-packed 2024 revs up appetite for political risk cover
While the appetite for global programs has significantly reduced, single-country appetite remains relatively deep and is expected to see a boost in the product’s popularity over the coming months.
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- January 16 2024
Aon grows India treaty reinsurance team with three senior appointments
The new appointments include Kolli Rao, who has joined the broker as president and senior advisor, Ajay Rakhane as head of agriculture and Ankit Mehta as head of non-agriculture treaty.
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- January 5 2024
Economic losses from Japan quake to top billions of dollars, says Aon
The earthquake will likely become a notable event for the local insurance sector and generate significant payouts, the broker said in its weekly cat report.
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- January 4 2024
‘Smooth’ 1.1 renewals as ample capacity, earnings rebound drive reinsurer appetite: Aon
Agggregate covers are back on the table but property per risk renewals remain challenging due to loss activity, says the broker.
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- December 4 2023
Bain-backed Tower announces ownership structure review
The Kiwi insurer has hired Goldman Sachs as the financial adviser to explore options to maximise value for all its shareholders.
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- November 30 2023
Aon grows Japan transaction solutions team with Shunsuke Takechi
Takechi joins as an associate director and will be attached to the Singapore-based Aon business led by Xianwei Lee.
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- November 23 2023
APAC markets need to wake up to changing nat cat exposures
After a bruising 2022 and 2023 nat cat loss experience to date, there can no longer be any argument that Asia faces a new flood risk reality.
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- November 22 2023
Cyber threats biggest worry for APAC enterprises: Aon risk survey
Only two of the top five current risks in the Asia Pacific are insurable and half of the overall top 10 are uninsurable at present.
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- November 20 2023
Kiwi carrier Tower exits commercial farm insurance
Commercial rural clients will be referred to AonAgri from February 1 as the carrier focuses on its direct personal and small business lines.
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- October 4 2023
Aon to acquire former Indian JV partner Global Insurance Brokers
Upon completion, the broker will transition to Aon’s brand and operating model, under the leadership of Jon Pipe.
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- September 19 2023
Aon names Cathryn Neo as Asia associate director, transaction solutions
Singapore-based Neo, a former legal practice partner, takes charge of the broker's litigation and contingent risks business in the region.
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- September 13 2023
Aon names financial services industry veteran as Asia Pacific COO
Singapore-based Jeff Plein, who joins from Citibank, will report to global chief operating officer Mindy Simon and Asia Pacific CEO Anne Corona.
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- September 12 2023
RVS Monte Carlo: APAC carriers hit by secondary peril volatility, but losses yet to impact reinsurers — Aon
Historic flood losses from around the region on the agenda as leading (re)insurance players gather in Monaco.
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- September 5 2023
Vincent Banton joins Aon as Asia head of construction and infrastructure
Singapore-based Banton reports to Asia head of commercial risks Paul Young and joins the global construction and infrastructure leadership team.
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- August 15 2023
Aon promotes Harry Edwards to Asia regional director for intellectual property solutions
Singapore-based Edwards will lead the D&O strategy and team in the region, responsible for placing APAC and US exposed management liability insurance programmes into the London market.
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- August 4 2023
Qin Lu becomes Aon’s Greater China CEO
He was most recently Greater China chief executive at Aon Reinsurance Solutions and head of commercial risk solutions, China.
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- June 27 2023
APAC nat cat economic losses at US$80bn in 2022: Aon
Floods were the costliest peril accounting for about 61% of the total economic loss for the region.
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- May 17 2023
Aon launches climate hub in Singapore
The company will increase its headcount in its Centre for Innovation and Analytics (ACIA) in Singapore from the existing 180 employees to over 350.
