Aon-Benfield
2012 insured losses 36% above 10 year average: Aon Benfield
Last year’s insured losses soared almost a third higher than the 10 year average for insured losses according to Aon Benfield’s catastrophe modeling centre, Impact Forecasting.
Aon launches weather reinsurance product
Aon Benfield has launched a weather reinsurance product that offers protection against adverse weather losses in the UK.
Solar storms could generate trillions in economic losses, warns Aon Benfield
Solar and geomagnetic activity will reach a peak in 2013, according to reinsurance broker Aon Benfield, putting power distribution, telecommunications and satellite navigation at risk.
Guy Carpenter takes on two GC Securities MDs from Aon Benfield
Guy Carpenter & Company has made a double recruitment swoop on Aon Benfield with the appointment of Andrew Beecroft and Paul Rayner as managing directors of GC Securities.
Ex-Guy Carpenter COO joins Novae board
Novae has appointed former Guy Carpenter chief operating officer Charles Fry as chief financial officer.
Quake models to bridge gap in growing market
Aon Benfield has launched new Algeria and Morocco earthquake models, aimed at providing a more reliable estimation of losses insured properties face in these countries.
Model increases understanding of Swiss flood risk
Aon Benfield has launched a new flood model for Switzerland and Lichtenstein to help quantify financial losses caused by what is considered to be the country's most significant natural peril.
Scor places catastrophe bond against Europe and US perils
Scor has launched a multi-million pound catastrophe bond to provide protection against US hurricanes and earthquakes and European windstorms as part of a strategy to diversify its capital protection tools.
Aon Benfield launches Thailand flood model
Global broker Aon Benfield has launched a flood model for Thailand to help global insurers better understand their exposures in the region.
Aon Benfield launches Thailand flood model
Reinsurance broker Aon Benfield has created a flood model for Thailand to help insurers better understand exposures.
Aon reports Q3 income growth
Aon has reported organic revenue growth of 4%, driving total group revenue to $2.7bn in the third quarter of 2012.
Hiscox appoints head of catastrophe research and two trainees
Hiscox has appointed Dr Richard Dixon as group head of catastrophe research, and expanded the London Market reinsurance team with two recruits.
Lloyd's gains from best first half in five years
Lloyd's has recorded its best first-half results for five years, according to figures from Aon Benfield, reporting a pre-tax profit of £1.5bn for the first six months of 2012.
Aon to rival Marsh's Project Noah to fill SoP flood insurance gap
Aon Benfield has become the latest company to offer a potential solution to fill the flood insurance gap left by the expiration of the Statement of Principles in June 2013.
Thai floods: Lessons learnt
The floods that hit Thailand last year devastated the country and its economy. They also hit insurers hard in the pocket. Now the industry must make sure it is not caught by surprise again.
September floods to cost Asia nearly $8bn
Asia is facing economic losses of nearly $8bn after heavy flooding throughout September, according to a catastrophe report by Aon Benfield.
Economic loss from Asia flooding nears $8bn
Flooding in Asia, and particularly China, has generated economic losses of more than $7.5bn, according to Aon Benfield.
'Super cedants' force reinsurers into caution
Consolidation among insurers means that catastrophe reinsurers could be more exposed to shocks on exposures, according to a study published today.
Credit pressures yet to trigger flight to quality among reinsurance cedants
Insurers are yet to flock towards the highest rated reinsurers despite challenges facing the reinsurance industry, according to Standard & Poor's.
Reinsurer capital tops $480bn, says Aon Benfield
The broker estimates that total capital for the global reinsurance industry reached record levels at the end of June 2012.
Howden expands energy division with two appointments
Howden Insurance Brokers has entered the second phase of the development of its Energy division with the appointments of Greg Stenzhorn and Richard Bateman.
Ambiental joins forces with Aon-Benfield on flood mapping
Aon-Benfield has collaboration with Ambiental to enhance its flood model development capabilities.
Aon Benfield and Ambiental join forces on flood mapping
Aon Benfield has teamed up with Ambiental to enhance the firm’s flood model development capabilities.
Aon Benfield director appointed CEO of Willis' Chilean operation
Global broker Willis has appointed Alejandro Vaccaro as chief executive of the company's Chilean facultative reinsurance division.