Aon News
Hospital and Physician Liability Market Hardens Rapidly Due to Mega Claims: Aon
At first blush, it appears all is well within the hospital and physician professional liability market: For claims costing less than $2 million, severity is projected to increase 2% and frequency is ...
Here’s How Aon’s New Reinsurance Auction Works
The broker Aon plc has launched an auction capability for the Jan. 1, 2020 reinsurance renewals. The auction is designed to provide additional options for insurer clients by reducing the time frame ...
Innovating at the Edges of Society and the Economy
Emerging risks with little or no claims history can be notoriously difficult to underwrite—but many specialty lines companies are finding ways to put their toes in the water to insure these new ...
The Latest Launches From Coalition, Liberty Mutual/Ironshore and Aon
Coalition launched an incentive program designed to encourage policyholders to implement cyber attack mitigation known as MFA. Liberty Mutual's Ironshore Environmental is introducing a smartphone app ...
Carriers Experienced Costliest Two-Year Period Ever for Cat Losses: Aon
Global insured losses stemming from major wildfires, tropical cyclones and severe thunderstorms reached $90 billion in 2018, close to 50 percent higher than the annual average between 2000 and 2017, ...
The Latest Launches From CSAA Insurance Group and Aon
CSAA Insurance Group is partnering with an analytics startup in order to improve its home inspections and boost the quality of its underwriting. Aon said it has partnered with an InsurTech digital ...
Global Insured Losses From Natural Disasters Reached $20B in H1: Aon
Global insured losses from natural disasters during the 2019 first half reached an estimated $20 billion, according to Aon's "Global Catastrophe Recap: First Half of 2019." The report noted that the ...
European Storms Took Economic, Insurance Toll in June: Aon
Severe European storms during June had an economic price tag of $2 billion, while insurers anticipated claims topping $1.5 billion, according to the latest edition of Aon's monthly Global Catastrophe ...