Aon
-
Shreeve’s role will encompass the Aon Captive & Insurance Managers’ ILS business. -
Total economic losses were $368bn, 14% above the 21st century average.
-
The Palisades fire is estimated at $9bn-$12bn, while Eaton is $6bn-$8bn.
-
Total economic and insured losses are “virtually certain” to reach into the billions.
-
The move means Lloyd’s will have a new chairman and a new CEO in the same year.
-
The multi-day weather outbreak caused widespread damage from Texas to the Carolinas.
-
Increased reinsurance capacity was more than sufficient to meet continued growth in global demand.
-
Magnani has served for more than 14 years in ILS broking roles.
-
Insured losses for 9M 2024 have hit $102bn, according to a report.
-
A client presentation from the broker put total insured losses at $25bn-$40bn, leaving the Citizens and the National Flood Insurance Programs clear of reinsurance impacts.
-
The “exceptionally large and powerful” Category 4 storm made landfall in Florida last month.
-
Richard Pennay will become CEO of Aon Securities.
