Hints and tips:
...Conduent Incorporated, a business process services company, disclosed this year an annual D&O insurance premium of roughly $2.7m, up from $1.3m last time....
...Ms Nan Luo, head of China for PRI, says this data shows how quickly the Chinese companies have incorporated the concepts of ESGs in the past two years, or since PRI opened its office in Beijing....
...The alternative market for insurance ballooned from just $17bn in 2006 to $89bn in the first half of this year, according to Aon Benfield....
...Harvey, Irma and Maria made 2017 the costliest year on record for weather disasters, according to Aon Benfield. This time, however, the likes of Mr Greenberg are in no rush to start up new companies....
...John Baines, an Aon partner, said the trend is “very clearly upwards”, and expects some multibillion-pound transactions in the coming months due to attractive pricing in that market....
...“What we’re seeing is the most devastating flood event in Houston’s recorded history,” Steve Bowen, chief meteorologist at reinsurance company Aon Benfield, told Reuters....
...According to broker Aon Benfield, the amount of capital deployed in ILS vehicles grew 13 per cent to $81bn last year. That is more than three times higher than there was five years ago....
...According to research from broker Aon Benfield, the total amount of capital in ILS products was $75bn at the end of June 2016....
...That is a fraction of the losses arising from Hurricane Katrina in 2005, the most expensive storm in US history, which caused $151bn worth of damage in today’s money, according to Aon Benfield....
...Andrew Kendrick President, ACE European Group Charles Philipps Chief Executive, Amlin Dominic Christian Executive Chairman, Aon Benfield John Spencer Non-Executive Chairman, ArgoGlobal — Syndicate...
...A person familiar with the matter said RSA recently asked its broker Aon Benfield to assess its reinsurance arrangements....
...Willis, which is in an uncomfortable third place behind fellow insurance brokers Marsh & McLennan and Aon Benfield, has struggled to grow its share of the market of top tier corporate clients....
...Bryon Ehrhart, chairman of Aon Benfield Securities, said the location of investors and fund managers was more important than where the structures were domiciled....
...Benfield....
...Benfield Analytics....
...“There’s lots of innovative stuff going on . . . at the moment,” says Mike Van Slooten, head of market analysis at Aon Benfield....
...Steve Bowen, a meteorologist at reinsurance brokers Aon Benfield said: “The consensus is that the 2014 Atlantic hurricane season should see a reduced number of storms, primarily due to the pending development...
...The scheme is also being backed by brokers Aon Benfield, Guy Carpenter and Willis....
...The insurance industry paid out about $45bn in 2013, lower than the 10-year average loss of $58bn, according to Aon Benfield, the reinsurance broker....
...Jeremy King, UK motor broker at Aon Benfield, said the increases were smaller than they had been in the past two years, when concerns about PPOs prompted reinsurers such as Munich Re and Ace to cut the amount...
...Downwards pressures on premiums and distribution deals such as the one between Aon Benfield and Berkshire Hathaway are tilting the sector towards size....
...Aon Benfield predicts that over the next five years another $100bn worth of funding would come from alternative sources, such as “sidecars” – specialist vehicles set up by insurers that non-insurers can...
...They have flocked to the latest issue after an index of “insurance-linked securities” – including catastrophe bonds – tracked by Aon Benfield, the reinsurance broker, returned an average of about 8 per cent...
...The acquisition should help London’s only listed insurance broker take on the largest companies in the reinsurance subsector – Marsh’s Guy Carpenter, Aon Benfield and Willis Re....
...Aon Benfield, the reinsurance broker, predicts that over the next five years another $100bn-worth of funding will come from such sources, attracted by handsome returns uncorrelated with financial markets...
International Edition