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Intermediaries
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Aon hires 2 professionals to build up its data center expertise
Stephen Fox has joined Aon as a Managing Director, focusing on the...
Apr1 Renewals: Reinsurance buyers in APAC secure double‑digit rate reductions, says Aon
Global demand for reinsurance increased by approximately 10 percent...
Aon promotes Neha Shah as head of its Life and Health (L&H) business India
International broker Aon has promoted Neha Shah as to head its Life and Health (L&H) business India. Shah, an actuary, who had joined Aon's L&H team last year, will be responsible for leading and supporting the strategy execution for the reinsurance business...
Willis makes new leadership appointments in Asia
These changes and new leadership roles recognise the significant opportunities and increasing complexities companies face within the Natural Resources and Construction industries in Asia Singapore: Willis, a WTW business, today announced new appointments to its...
Aon’s Eric Andersen to join as AIG’s President and CEO-Elect
During his time as President of Aon from 2020 through 2025, Andersen led global programs that achieved gains in operational efficiency, improved performance for clients and the firm, increased shareholder returns and grew market value from $35 billion to $85 billion....
Turtlemint Fintech eyes Rs 2,000cr IPO; to file updated draft papers with Sebi in next 2-weeks
Following Sebi's approval, the company will file its updated draft red herring prospectus (UDRHP) in the next two weeks, which will be open for public comments for 21 days. After this, the firm is required to file UDRHP-II incorporating public comments and then RHP...
Global reinsurer capital reach a new high of $760 billion by September 30, 2025: AoN
Insurers were able to achieve significant decreases in pricing and improved terms at renewal.Competition was particularly fierce in the U.S. property catastrophe market, with preferred risks typically achieving strong double-digit rate reductions at 1/1.Property...
Greg Case gets extension as Aon CEO till Dec 2030
According to a filing with the U.S. Securities and Exchange Commission,Case’s annual base salary will increase to $1,750,000. DUBLIN: Aon plc, a leading global professional services firm, today announced its Board of Directors approved an extension of President and...
Jan1 Renewals:Most areas of market record price decreases, Conditions expected to persist into 2026, says Howden
This backdrop brings opportunities across the value chain. Buyers are benefitting from rate reductions and improved terms as supply exceeds demand in most areas whilst underwriting performance remains strong, delivering healthy profits and returns on capital.Buyers...
RBI faults Indian insurers’ high-cost distribution strategies
Premium growth in the Indian insurance industry has been increasingly driven by high-cost distribution-led strategies rather than operating efficiency. In non-life sector, commission growth has significantly outpaced other operating expenses, the RBI said mentioned in...
JSW MG Motor India announces an industry-first extended assured buy back program for its EVs
“With our industry-first MG Value Promise Program (Assured Buyback), facilitated by Lockton India Insurance Broking and Advisory in partnership with Zuno General Insurance, we now offer an assured resale value where a customer has option to choose the tenure from 3 to...
Jan1 Renewals:Market softens as reinsurers grow capital following strong returns, GC Report
Dean Klisura, President and CEO, Guy Carpenter Reinsurer return on equity is estimated to be 17%, with dedicated reinsurance capital growing another 9% in 2025, said the report.Insured catastrophe losses are estimated to be $121 billion in 2025, 18% below the...