Aon
Aon's risk division sees 5% Q1 revenue drop
Revenues in Aon's risk solutions division decreased by 5% in the three months ended 31 March 2015 to $1.9bn (£1.25bn).
Editor's comment: Insuring the uninsurable
Insurance industry leaders repeatedly tell me how proud they are of the sector’s ability to innovate – after all insurance is usually at the cutting edge of developments and insures risks ranging from satellites in space to deep sea exploration.
Product innovation required as global firms face uninsurable risks
Industry experts have highlighted product innovation as a means of addressing the findings of an Aon study that showed six of the top 10 risks impacting global businesses are uninsurable.
Insurance CEOs urged not to overlook valuable talent pool of disabled workforce
A panel of speakers from within the insurance industry, and outside it, has addressed insurance CEOs on the need to increase diversity in the Lloyd’s and London market.
March moves from Aon to lead Skuld in Singapore
Nicholas March has left Aon to join marine insurer Skuld to head its Singapore office.
Staff on shared paternal leave from Aon to receive enhanced pay
Aon has introduced enhanced pay for shared parental leave for all its employees ensuring that parents can receive enhanced pay in a similar way to enhanced maternity pay.
Industry launches apprenticeship framework
A government-backed apprenticeship framework has been launched by the insurance industry which has the support of sector bodies the Association of British Insurers, the British Insurance Brokers' Association and the Chartered Insurance Institute.
Regional review: New Zealand
There is more to the New Zealand insurance industry than handling natural disaster claims, a fact that may have been forgotten following the Christchurch earthquake events four years ago. Post caught up with a range of New Zealand industry insiders to…
Aon creates SME division and strengthens affinity offering
Aon Risk Solutions has launched an SME division bringing together small-business focused areas enterprise and partners, in a bid to broaden its client proposition and create a centre of client excellence.
Aon posts 3% increase in revenue in Q4
Aon posted a 3% increase in revenue to $3.3bn (£2.16bn) in the final quarter of 2014, primarily driven by 6% organic revenue growth. organic revenue grow by 6% to $3.3bn (£2.16bn) in the final quarter of 2014, the broker’s results published today…
Tysers appoints Lancashire's Blakeborough as COO
Lloyd’s broker, Tyser & Co has appointed Stuart Blakeborough as chief operating officer.
Towergate tipped for future sale despite debt-for-equity deal
There is “no question” Towergate will be up for sale once again in the coming years, according to market insiders, who believe the swift appointment of a CEO is paramount following this week’s debt-for-equity deal.
Beslity becomes Aon marine chairman
Aon has made several key changes to its global marine business.
Guy Carpenter named as Flood Re broker
Flood Re has ended its long search for a retrocession broker by recruiting Guy Carpenter, while an chairman appointment is also imminent.
Lloyd's recruits experienced broker for Australia role
Chris Mackinnon, former CEO at Gow-Gates Insurance Brokers, will join Lloyd's in Australia as general representative.
Third arm-sized bolt fractures on Cheesegrater
The owner of the recently opened London home for Aon and Amlin has admitted that a third steel bolt has fractured on the building, and that it will launch a replacement programme.
Aon UK awaiting approval for new CRO
Aon UK is awaiting regulatory approval for a new chief risk officer following the depature of Carol Richmond after more than five years leading the function.
Alternative capital to target property, business interruption says Aon
The role of capital markets in reinsurance is likely to continue to grow, according to Aon, which has forecast that investors may seek to expand into new classes of business.
The POST Power List 2014
After much deliberation, Post finally reveals the top 10 shining lights of the insurance industry, along with details of who we think would play them in a movie of their life, to complete the Post Power List.
Fraud a bigger concern among EMEA financial firms than global counterparts
Europe, Middle East and Africa based financial institutions are more concerned about risks related to fraud and employee dishonesty than their global counterparts, according to a study by Aon Risk Solutions.
Amlin and XL to lead capacity for Aon public sector MGA
Global broker Aon has launched a managing general agent targeting the public sector with property, casualty, financial lines and motor classes of business.
Roundtable: Customer retention: Holding on to customers in the aggregator age
With price comparison sites making customers more price-focused than ever, how can insurers ensure they stand out for other reasons and also improve their retention rates?
Biba launches sharing economy guide
Aon, Higos, Bluefin and Towergate are among the brokers that have signalled they can place risks for businesses operating within the sharing economy, according to the British Insurance Brokers' Association.
Regional Review: Glasgow
Glasgow’s reputation as a vibrant, people-orientated city is reflected in its dynamic general insurance market in which over-capacity and a high number of resident brokers have not deterred new players from pouring in. Even hardened insurance…