Aon

The question of how to finance the private brokers no longer begins and ends with a PE flip.

Differences in business mix and definitions yield differing trajectories for brokers, but in the absence of a recession, we may see continued margin improvement.

Some 81.5% of policies renewed with the same limit and deductible, marking a return to historic levels after bottoming out in Q3 2020. Among those policies, the average price decrease was 13.8%, while the average price increase was 30.2%.

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The broker said it believes it has meritorious defenses and intends to vigorously fight the claims and seek recourse against third parties where appropriate.

Depressed M&A activity is a headwind likely to impact Aon for the remainder of the year.

The growth figure represented a 1-point deceleration from the previous quarter.

The scale of the coverage offered by the firm means buyers in the emerging line of business face a challenge to swap out their capacity.

Areas of focus should include hiring external talent, securing capital for M&A, speeding up US growth, and answering the reinsurance question.

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The firm said it had identified two specific transactions in which “collateral inconsistencies” were in question.

The coverage is designed to reduce the island’s obligation to the US Federal Emergency Management Agency.