AON
Aon is a British-American multinational professional services firm that sells a range of financial risk-mitigation products, including insurance, pension, health, commercial and more. The company has over 50,000 employees in 120 countries
See below for the Latest Aon News, Analysis, Profit Results, Share Price Information, and Commentary.
Hong Kong insurance market remains ‘soft’ in Q2 2024
Hong Kong insurance market remains ‘soft’ in Q2 2024
Overall pricing remains competitive as new businesses emerge.
Aon names new leader of aviation reinsurance
He joined Aon back in 2015.
Asia’s Q2 insurance pricing stays flat
Overall capacity was sufficient but challenges persist in property and flood risks
Typhoon Gaemi causes multi-million dollar losses in Asia
Economic losses range from $220m to $245m.
Aon’s net income dips 1% YoY in H1 2024
This was equivalent to $1.63b.
Re/insurers reevaluate policies after CrowdStrike system crash
Aon sees an opportunity to improve the granularity of policy information.
Global insured losses hit $58b in H1 2024
Natural catastrophes resulted in over 6,000 fatalities, the lowest since 2020.
Minimum benefit standards are the new normal: Aon
Life insurance is now a minimum benefit that businesses offer.
Aon Indonesia unveils new president director of reinsurance business
She has over 12 years in reinsurance strategy optimisation.
Zurich-Aon facility offers comprehensive hydrogen coverage
It also covers carbon capture, utilisation, and storage (CCUS) technologies.
What were the most common forms of capital insurers used in 2023?
Alternative reinsurance capital exceeded $100b last year.
Global R&W insurance claims rise despite M&A slowdown
The competitive landscape in 2023 favoured insured parties more.
Only 60% of financial firms have cyber risk plans
The survey also revealed the top 10 business risks institutions are facing.
Why are intangible assets more valuable but less insured?
Only 44% of respondents feel prepared for an IP ‘Black Swan’ event, Aon said.
Aon's revenue climbs 5% YoY in Q1’24
Earnings per share stood at $5.35 during the quarter.
Heavy rains in Southwestern Asia reveal insurance shortfall
Dubai saw its heaviest rainfall in more than 70 years.
Reinsurers see April renewals stabilise
Increased capacity alongside demand was seen in APAC, says Aon.
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AI isn’t replacing insurance, it’s finally making it work