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...
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...
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...
by AIP Online Bureau | Jul 20, 2023 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
Turkey and Syria earthquakes drive nearly half of economic losses from Global Catastrophes in 1H 2023 “Despite the reality that communities globally remain at risk to catastrophes, only about 27 percent of economic losses this year have been insured. These...
by AIP Online Bureau | Jun 27, 2023 | Disaster & Management, Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance, Risk Management
George Attard, chief executive officer, Reinsurance Solutions, Asia Pacific at Aon said, “The extreme weather in the region throughout the year highlights the continuing need to strengthen resilience by adopting effective adaptation and risk management...
