Aon
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Aon claims that Alliant has poached around 32% of Aon’s facultative reinsurance group, including 18 of the 25 Aon employees in the casualty fac team at all levels. -
Thomas Uzzo brings more than a decade of industry experience to his new role.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Risk capital comprises commercial risk and reinsurance, with human capital covering health, wealth and talent.
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Though strong growth continues, the future is less clear as driving forces potentially run out of steam.
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The scale of reductions is increasing as the class of business experiences its fourth consecutive quarter of rate falls.
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The broker also said it grew in fac, as well as in its strategy and technology group.
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Aon’s results continue a trend of accelerated organic growth among brokers in the first quarter.
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The appointment comes after a slew of cyber reinsurance brokers left Aon to join Howden.
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Aon expects depleted shareholder equity to be restored over time via higher retained earnings and the ‘pull-to-par’ effect of bonds approaching maturity.
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Based in New York, the executive will lead over 500 employees worldwide to boost Aon’s insurance consulting capabilities.
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Total economic losses came in well above average, driven by the earthquake in Turkey.
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