Aon-Benfield
Paul Summers appointed global CEO of Aon Benfield Fac
Paul Summers is to become global chief executive of Aon Benfield Fac with immediate effect.
Q2 ILS issuance exceeded $2bn, Aon Benfield study shows
Catastrophe bond issuance for the second quarter of 2012 reached $2.1bn as investors continued to deploy capital into the sector, a report by Aon Benfield Securities revealed.
Top five Asian news stories
The top five Asian stories from www.insuranceinsight.com over the past seven days.
BMS snares Kerr to lead Apac push
Independent broker BMS Group has poached Australia-based facultative broker Glenn Kerr from Aon Benfield.
BMS ups game in Australia with Aon Benfield hire
BMS has hired former Aon Benfield facultative broker Glenn Kerr to head up a push into Australia and the Asia-Pacific region.
Hardy boss looks to the future after restructure and sale are finalised
Hardy chief executive Barbara Merry has said the business can now “look to the future”, following a restructure of its property treaty book and conclusion of its sale to US insurer CNA.
Aon Benfield updates on Lloyd's
Aon Benfield's market analysis team has launched its latest Lloyd's update report, covering the market's 2011 financial results and business position in 2012.
Aon estimates €5bn loss from Italian quake
The magnitude 6.0 earthquake in Italy's Emilia-Romagna region last month caused an estimated €5bn in economic losses, according to Aon Benfield's monthly global catastrophe report.
Two hurricanes predicted to strike US in 2012
Hurricane activity this season is expected to be close to average, with scientists predicting four tropical storms including two hurricanes to strike the US between June and November.
Aon names McGill as group president
Aon has made Steve McGill group president to oversee the development of the firm's overall growth strategy and opportunity planning.
Adverse April conditions wreak havoc across the globe
Severe weather conditions across central and southern sections of the US last month have caused upwards of $1bn (£620m) in insured losses, according to Aon Benfield's Global Catastrophe Recap report.
Market moves: Canopius and CGSC dominate appointments
This week the recruitment space belonged to Canopius and Cooper Gay Swett & Crawford. Canopius restructured its entire executive committee, alongside appointing an underwriter, while CGSC recruited a new chief commercial officer, head of operations and…
Reinsurer capital remains strong despite near record catastrophe losses
Global reinsurer capital fell 3% during 2011 to $455bn (€345.5bn), according to an Aon Benfield Analytics study examining the impact of catastrophe losses on reinsurers' capital and earnings positions.
March cat claims topped $1.1bn in the US
Reinsurance broker Aon Benfield has reported that US storms in March will cost insurers more than $1.1bn, while catastrophes hit Mexico and Australia as well.
Asian aviation: risk or opportunity?
The Asian aviation market is set to grow rapidly in the next 20 years, bringing many opportunities for insurers. But Edward Murray asks whether underwriters are taking all the future risks into consideration.
Rating agencies: The rating game
Nations and businesses alike are growing critical of rating agencies, so is a downgrade as damaging as it used to be?
Market moves: Insurers are the main movers
Insurers were, once again, the main movers and shakers this week, Ecclesiastical leading the way with the appointment of four new directors, while Allianz, QBE, XL and Arc Legal also welcomed new staff.
Ahmed takes up new Aon Benfield MENA CEO role
Aon Benfield has appointed Ahmed Rajab as CEO, Middle East and North Africa.
Aon Benfield has new Middle East chief
Aon Benfield has recruited Willis Re regional director Ahmed Rajab, pictured, to be chief executive, Middle East & North Africa.
Chilton steps down from Aon Benfield roles to focus on holding company
Grahame Chilton will step down from his combined roles at Aon Benfield to concentrate on his new position as non-executive chairman of Aon's recently formed UK holding company.
Market moves: Insurers dominate again
Zurich made two high-profile appointments this week, as the recruitment space was once again dominated by insurers.
JLT Re nabs Lawrence from Aon Benfield
JLT Reinsurance Brokers has appointed Mark Lawrence from Aon Benfield as head of client and market development.
Market moves: The busy world of broking
As January draws to a close, the past week has been a busy time in the world of insurance broking. Aon Benfield, Willis and Marsh all welcomed new chief executives, while Towergate, UIB and Prime Professions also made moves for new staff. However, it was…
Reinsurance - January renewals: Toughen up
Despite the catastrophes of 2011, the predicted — and much needed — January renewal rate hardening has failed to materialise.