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Aon and EBRD launch innovative war risk insurance facility for Ukraine

by AIP Online Bureau | Dec 12, 2024 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance, Risk Management

Under the new €110 million Ukraine Recovery and Reconstruction Guarantee Facility, the EBRD will support global reinsurance companies through a guarantee covering losses on specific war-related risks underwritten by local Ukrainian insurers DUBLIN: Aon plc, a leading...
Aon appoints Magnus Roe as global chief data and analytics Officer based in Singapore

Aon appoints Magnus Roe as global chief data and analytics Officer based in Singapore

by AIP Online Bureau | Nov 21, 2024 | Intermediaries, International News, Non-Life, Reinsurance, Risk Management

Magnus Roe, global chief data and analytics officer, Aon This appointment is part of the firm’s strategy to advance its commercial solutions with analytical capabilities and empower clients to make better decisions SINGAPORE: Aon plc, the second largest international...

Salaries in Southeast Asia expected to rise in 2025: Aon Survey

by AIP Online Bureau | Nov 12, 2024 | Eco/Invest/Demography, Intermediaries, International News, Workplace/Employee Benefits

One in three firms view cybersecurity roles as crucial to their organisation, with a 160 percent year on year (YOY) increase in headcount for such roles. Artificial Intelligence/machine-learning and risk managers roles had a 100 percent and 70 percent YOY increase,...

Global insured cat losses to exceed $102 billion: Aon

by AIP Online Bureau | Nov 2, 2024 | Disaster & Management, Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance, Risk Management

The report highlights that insured losses from primary perils during the first nine months of 2024 were relatively low, with no event exhibiting the potential to significantly impact the broader reinsurance market LONDON: A report by Aon plc reveals that there were at...

Businesses in APAC taking longer to convert working capital into cash, affecting liquidity: Aon

by AIP Online Bureau | Sep 24, 2024 | Eco/Invest/Demography, Intermediaries, International News, Regulation, Risk Management

According to the report, the average days receivable for Asia Pacific companies for year ending 2023 was 71 days. Although a small increase from 2022, an increase in days receivable reflects a decrease in working capital availability and indicates slower collection of...
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