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Despite wildfires, reinsurers are “well positioned to maintain strong profitability in 2025”. -
Markets have taken a battering across the globe following the “Liberation Day” announcement.
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The cat bond market surpassed $50bn by the end of Q1 2025.
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The reinsurance broker said total reinsurance market capacity was up 5.3% year over year.
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The acquisition expands its global employee benefits business to ~4,000 global employees.
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The March 13-16 storms would mark the first billion-dollar US SCS event of the year.
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The broker has promoted Oriol Gaspa Rebull to global head of analytics strategy.
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The firm also promoted Devin Inskeep to an expanded role as SVP, head of ratings and advisory.
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Earlier today, Aon confirmed president Eric Andersen had stepped down from his role.
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The executive will remain with the firm as a senior adviser to the CEO until mid-2026.
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The executive worked in investment banking before joining the reinsurance industry.
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There is the potential for cat bond H1 issuance to be a record breaking six months.
