Archive

"Remarkable" year for natural disasters in 2023 with $370bn in economic losses, Aon finds

Only $120bn of the damages was insured, according to the broker

Climate litigation's third wave could leave insurers in deep water

Following two waves of climate litigation since 2004, the third may be more nuanced and insurers must be prepared for its effects, participants at an InsuranceERM webinar on the topic explained. Paul Walsh reports

Improved reinsurance conditions predicted to continue into 2025

Aon analyses reinsurance renewals at 1 April and the state of the market

Aon targets improved visual understanding of physical climate risk

Winners of the InsuranceERM UK & Europe 2024 awards revealed

Individuals, teams and companies recognised for risk management excellence

Billion-dollar insured cat loss events reached record high in 2023

Aon says severe convective storm events were the largest contributor to insured cat losses in 2023

After last year's chaos, insurers valued improved communication at 1.1 reinsurance renewals

Aon's 1 January renewals analysis finds reinsurers willing to resume frequency covers

KCC estimates Japan earthquake insured losses at $6.4bn

AM Best has said it expects the event to have a limited credit ratings impact for major domestic non-life insurers

UK-Switzerland financial services agreement opens up non-life corporate insurance markets

Life and health insurance sectors, however, remain out of scope

UK bulk annuity volumes on track to hit £50bn in 2023

Experts from Aon's risk settlement team also give their 2024 outlook for the market