Aon News
Down Nearly 15%: Falling D&O Prices Becomes A Thing After Years of Hikes
Directors and officers liability pricing fell 14.7 perecent in the third quarter, according to a recent survey. Aon's Financial Services Group's Q3 2022 pricing index for the quarter ending on ...
Aon: Business Leaders Say Recession Looms; What Sets Prepared Companies Apart?
Despite a majority of global business leaders expecting a recession within the next year, many still have a positive outlook on the economy. Some leaders even reported feeling very prepared heading ...
Aon Launches Strategy and Technology Group, Aiming to Build Re/Insurer Resilience
Aon plc, the global professional services firm, has launched a Strategy and Technology Group (STG) to bring together a wide range of expertise and technology solutions — designed to help ...
Natural Disasters Cost Insurers $39B During H1 2022, 18% More Than Average: Aon
Insured losses from global natural disaster events were estimated at $39 billion during the first half of 2022, 18 percent higher than the 21st century average of $33 billion, driven by persistent ...
Markets/Coverages: Aon Incorporates Climate Science Into European Flood Models
Insurance broker Aon has incorporated the latest climate science into its Impact Forecasting's European flood models to help enable insurers to access more accurate loss estimates to help make better ...
Aon President Andersen Honored With 2022 IICF Golden Horizon Award
The Insurance Industry Charitable Foundation honored Eric J. Andersen, president of Aon, with IICF's Golden Horizon Award. The annual award recognizes an individual within the insurance community who ...
Natural Disasters Cost Global Economy $32B in Q1, With Only $14B Insured: Aon
Preliminary economic losses from natural hazards during the first quarter of 2022 totaled $32 billion, of which less than 50 percent (or $14 billion), was covered by public and private insurers, ...
Aon Discloses ‘Cyber Incident’ Amid Mounting Concerns Over Hacks
Aon Plc is investigating a "cyber incident" that the insurance brokerage said impacted a limited number of its systems. The incident, identified Friday, "has not had a significant impact" on ...