Articles
Insurance
Insured losses from the Townsville flood in Queensland, Australia from January 26 to February 7 have has reached A$893 million ($627 million), according to Aon’s Impact Forecasting. 8 March 2019
Insurance
Re/insurance broker Aon has said it will not buy Willis Towers Watson. Its announcement comes within 24 hours of it revealing it was exploring a possible deal with the world’s third biggest broker. 6 March 2019
Insurance
Re/insurance broker Aon’s shock revelation yesterday (Tuesday March 5) that it was mulling a takeover of Willis Towers Watson (WTW) is a result of its hand being forced by Marsh & McLennan’s pending takeover of Jardine Lloyd Thompson (JLT), according to sources close to the company. 6 March 2019
Insurance
A merger between Aon and Willis Towers Watson (WTW) would mean more “job carnage” be bad news for buyers but could mean opportunities for smaller brokers, according to sources in the London Market. 6 March 2019
Insurance
Insurance broking giant Aon has confirmed that a takeover of its competitor and third largest insurance broker Willis Towers Watson is under consideration. 5 March 2019
Insurance
Aon has partnered with insurtech firm Skytek to monitor insurers’ marine risks and identify areas that require enhanced underwriting and reinsurance in real time.The development was driven by the rise of major container ports and mega ships, which expose re/insurers to risk accumulation during a catastrophe. To manage this risk monitoring vessel movements and estimating cargo accumulation has become critical for insurers. 5 March 2019
Insurance
Ian Tomlin has joined Special Contingency Risks (SCR) to lead and manage the strategic development of its accident and health offering. 5 March 2019
Insurance
Chubb has partnered with Aon's catastrophe model development center Impact Forecasting to develop a terrorism risk model for Manhattan in New York City and other densely populated areas. 4 March 2019
Insurance
Re/insurance broker Aon has expanded the scale of a restructuring plan first announced in 2017. 22 February 2019
Insurance
Bermuda-based reinsurer PartnerRe has reported losses in both its fourth quarter 2018 and full year results but its CEO Emmanuel Clarke is confident that the company will be able to deliver "solid returns" to its shareholder in 2019. 22 February 2019
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