Aon has reported net income attributable to its shareholders of $261m, or $0.82 per share, with an increase of 10%, compared to $238m, or $0.71 per share, during the same period earlier year. For the three months ended on 31 March 2013, ...
Tags: Aon, Net Income
Aon eSolutions, a US-based technology solutions business of Aon, has agreed to partner with core insurance processing software and services provider Insurity to offer Insurity’s policy and billing solutions to its customers in the US. ...
PartnerRe, a provider of diversified reinsurance services, has established a new reinsurance sidecar facility, called Lorenz Re, to offer additional capacity to a number of its customers. Capitalized with $75m through the issuance of ...
Wells Fargo Insurance, part of Wells Fargo & Company, has appointed Richard Colton as the new head of its mergers and acquisitions (M&A) industry practice operations. Having 30 years of industry expertise, Colton will work closely with ...
Aon Risk Solutions has introduced Transaction Liability Practice, intended to capitalize on the growth in the transaction liability insurance market. The practice will be complimented with additional resources to support the complex ...
Tags: Aon Risk Solutions, Transaction Liability Practice, insurance market
Aon Benfield has unveiled a new weather reinsurance product, WExcess, intended to mitigate adverse weather losses for UK insurers. Developed in collaboration with reinsurer Swiss Re and weather risk management specialists CelsiusPro, the ...
Tags: reinsurance product, Aon, reinsurance
Global insurance broker Aon is planning to shut down its subsidiary in Zimbabwe, which provides insurance broking and employee benefit services in the country. An undisclosed source from Aon Zimbabwe was quoted by ZimEye as saying, "Aon ...
The insurance industry is looking at the possible effects of space weather on the world’s electronic systems. The issue arises, say the insurers, because space weather goes in 11 year cycles and severe events are expected in early ...
Concurrency, Inc. will present today an educational program titled "SharePoint Process Revolution" at Microsoft's downtown Chicago facility. The speaker is Concurrency's Peter Hurth, Enterprise Content Management Team Lead within ...
Tags: Concurrency, SharePoint, IT industry, company news
Severe weather events in the central and southern US has caused increased insured losses of$1bn in April 2012,while economic losses is expected to be much higher,says Aon's'Global Catastrophe Recap'report. According to the study conducted ...
Aon has introduced a fully probabilistic flood catastrophe model for Thailand, aimed to assist global insurers in better understanding risk management exposures. The new model features improved key drivers for understanding flood risk in ...
Tags: global insurers, risk management, Aon, flood catastrophe model
Aon has reported that its total revenue during the first quarter of 2012 grew by 3% to $2.8bn from the prior year quarter backed by a 4% increase in organic revenue, partially offset by a 1% decrease from unfavorable foreign currency ...
Tags: Aon, net income, organic revenue, insurer
AMGO Capital has formed a Insurance Brokerage Advisory practice dedicated to providing independent financial advice to insurance brokerage and agency firms, pertaining to the acquisition and sale of insurance agencies and brokers as well as ...
Tags: AMGO Capital, Insurance Brokerage Advisory, financial advice
Bluefin Insurance has appointed John Capel as the new regional managing director and will report directly to Howard Fryer, head of the Corporate division. Fryer said, "He brings considerable experience to our Corporate division and he ...
Global professional services company Towers Watson has named Christof Bentele and Chris Holt to lead its new Crisis Management team, marking its foray into crisis management market. The new team has been designed to develop expertise in ...
Tags: Towers Watson, Christof Bentele, Chris Holt, Crisis Management team