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Aon brings together UK and EMEA regions with Julie Page as CEO

by AIP Online Bureau | Nov 3, 2023 | Intermediaries, Non-Life, Reinsurance

“As we continue to go further, faster with our 3×3 Plan to accelerate our Aon United strategy, operating as one united region will simplify our organizational structure to be even more responsive to client need and create further opportunities for our...

Global insured losses from natural disaster events reach $88 billion by the end of Q3 2023, says Aon report

by AIP Online Bureau | Oct 19, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

For the first time, insured losses from SCS in the U.S. surpassed $50 billion and accounted for 60% of global insured losses London: Aon plc in its Q3 Global Catastrophe Recap report has revealed that that global insured losses from natural disaster events had reached...

Asia Pacific Employee Medical Plan Costs for businesses to rise in 2024, highest since 2015: Aon

by AIP Online Bureau | Oct 10, 2023 | Health, Intermediaries, International News, Workplace/Employee Benefits

“Health and wellbeing costs have become an important concern for companies as year-over-year medical plan costs continue to rise. These rising rates often bring unexpected or unbudgeted cost increases and make affordability for employers and employees more...
Aon to acquire Prabodh Thakker’s Global Insurance Brokers

Aon to acquire Prabodh Thakker’s Global Insurance Brokers

by AIP Online Bureau | Oct 4, 2023 | Indian News, Intermediaries, Non-Life, Reinsurance, Risk Management

The combined capabilities of Global Insurance Brokers and Aon will allow us to better serve our clients across India in new geographies and industries. This acquisition will reinforce our commitment to helping our clients navigate volatility and make better decisions...

Constructive collaborations and client centricity will be key to successful negotiations

by AIP Online Bureau | Sep 8, 2023 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance

The rebound in the ILS market in 2023 has seen it now contributing a record $100 billion in risk transfer capacity, thereby acting as a key supply-side driver in the property catastrophe space. Within the ILS sector, catastrophe bond issuance set a 1H record, having...
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