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Public and private insurers forked over nearly $3 billion to cover claims related to severe weather outbreaks in the U.S. for May. Overall aggregated economic losses: more than $4 billion, Aon ...
Cyber insurance may be a fast-changing and relatively new market, but it was profitable in 2016 despite higher loss ratios, according to a new Aon Benfield report. The U.S. market combined ratio for ...
Catastrophe bond issuance made a robust start during the first quarter of 2017 with seven catastrophe bond transactions that totaled US$2.17 billion, according to a report from Aon Securities, the ...
With abundant capacity, aggressive capital market competition and acceptable returns for global reinsurers, it's no wonder that the elusive bottom of soft market pricing was not evident at April 1 ...
Aon Benfield, the global reinsurance intermediary and capital adviser of Aon plc, announced that Michael O'Halleran will retire after 37 years of service. From his founding role as leader of Aon Re ...
Insurers face claims of more than $1.0 billion as a result of severe weather events during February, primarily from storms in the U.S. and Australia, according to a report published by Impact ...
Capacity continues to outpace the growth of reinsurance demand despite insurers' continued efforts to optimize their view of reinsurance as capital and expand into growing lines of business and ...
Tropical storms cost the global economy $4.2 billion in September, according to the latest Global Catastrophe Recap report from Aon Benfield's Impact Forecasting. Hurricane Hermine became the first ...
Extreme August flooding in Louisiana and the Midwest took its toll in August, causing between $10 billion and $15 billion in economic losses, according to Aon Benfield's Impact Forecasting. Public ...
Preliminary global economic losses reached US$98 billion during the first half of 2016, while global insured losses hit US$30 billion – their highest levels since 2011, according to Impact ...
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