Aon Benfield News
May Global Disasters Could Cost Insurers at Least $7B in Claims: Aon Benfield
Global disasters led to at least $7 billion in claims during May as insurers aid the recovery process following wildfires, floods, and storms, according to Impact Forecasting, Aon Benfield's ...
The Latest Launches from Swiss Re, Aon Benfield and XL Catlin
XL Catlin and A.J. Gallagher are now marketing lifestyle insurance coverage for New York City art collectors. Swiss Re expanded its cyber risk offerings in the U.M. Impact Forecasting debuted a new ...
Executives On The Move at Liberty Mutual, JLT Re, and More
Liberty Mutual named three executives to leadership roles within its Commercial Insurance strategic business unit. JLT Re hired a Swiss Re executive to fill a strategic role. Aon Benfield made ...
Willis, Aon and Verisk Agree: Q1 Cat Bonds Hit Record Issuance
There's more evidence that catastrophe bond issuance hit record territory again during Q1. This time, Aon Securities and a division of Willis Towers Watson are making the call, after a Verisk arm did ...
March Storms in the U.S. Could Cost Insurers $2B: Aon Benfield
Seven severe convective storms hit the U.S. during March, impacting nearly every part of the country and costing the insurance industry an estimated $2.0 billion, according to the latest Global ...
Aon Benfield Readies Launch of Global Reinsurer Trading Platform
Aon Benfield, the reinsurance intermediary and capital adviser of Aon plc, will launch a global reinsurer trading platform on April 11. Available for use with the July 1 renewals, ABConnect ...
Reinsurance Use of Alternative Capital Grew 12% in 2015: Aon Report
Alternative capital continues to make its presence felt in the reinsurance market, increasing by 12 percent during 2015 to $72 billion, while traditional capital decreased by 4 percent to $493 ...
U.S. Hit With Greatest Number of February Tornadoes Since 2008: Aon Benfield Report
Severe storms in the U.S. led to the greatest number of February tornadoes since 2008, according to the latest monthly Global Catastrophe Report from Aon Benfield's Impact Forecasting. Damage from ...