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.
ILS market expands to $46b amidst rising reinsurance prices
ILS market expands to $46b amidst rising reinsurance prices
Investors have reaped substantial benefits from wider risk margins.
Japan’s Shanshan brings major losses
The typhoon reached peak intensity on 27 August.
Insufficient insurance amplifies banks' climate risk
The lack of coverage raises silent risks in the banking industry, Aon said.
China’s insurance pricing goes down in Q2
Automobile insurance felt ‘contraints’ in capacity.
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.