Aon
-
Total economic losses came in well above average, driven by the earthquake in Turkey. -
Cat bond pricing has fallen by about 12% since year-end but margins are still strong enough that the market could be set for meaningful growth, the broker forecast.
-
The broker found that the insured-loss figure for 2022 was nearly 60% higher than the annual average over the 21st century.
-
The broker said cedants will return for extra property cover after a tough 1.1.
-
The senior broker joined the firm in 2018 after a long career at Willis Re.
-
The broker has pegged the global reinsurance supply demand imbalance at $20bn-$30bn.
-
The broker said clients can move fast in a harder market but need time to review quotes.
-
Announcements and interviews at the UN conference have shed light on the tools emerging to help carriers decarbonise their underwriting portfolios.
-
Preliminary total economic losses this year through Q3, including an initial view of Hurricane Ian based on publicly available estimates, were $227bn.
-
Paul Shedden joins from Sompo International, where he was head of portfolio design, pricing and analytics – global insurance.
-
The ILS broking leader was speaking at the first in-person Munich Re ILS roundtable at the Monte Carlo Rendez-Vous since the pandemic.
-
The CEO said the (re)insurance industry is not doing enough to meet the climate challenge ahead.
