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Aon Names Matson to Lead New Global Portfolio Broking Team

Andrew Matson has been named leader of Aon’s newly formed Global Portfolio Broking team – a Reinsurance Solutions unit. Aon said the unit “will build...

TMK Launches $100M Intellectual Property Facility with Aon, Lloyd’s Syndicates

Tokio Marine Kiln (TMK) has established a US$100 million intellectual property (IP) facility with global insurance broker Aon and several other Lloyd’s syndicates. The facility...

Aon Launches Updated Thai Flood Model to Support Underwriters in Market

London-based professional services firm Aon plc has launched an updated Thailand flood disaster model to improve understanding of this danger and help insurance companies...

Catastrophes Pushed Homeowners Insurers’ Combined Ratio Above 107 in 2017

After a four-year, 100-plus combination for homeowners in the US, the segment saw its combined rate drop to 107.1 in 2017 as a countless...

Probe Says FAA Allowed Unsafe Charter Planes to Fly

Government aviation inspectors allowed insecure aircraft to operate in US commercial flight operations; According to the Federal Aviation Administration's own investigation, according to the Private...

Innovation Awards open for nominations

Business Insurance is accepting nominations for the 2018 Innovation Awards. Now in their ninth year, the awards recognize innovation in new products and services that...

Insurers’ net income down in 2017

Net income among a group of private U.S. property/casualty insurers dropped 15.8% to $36.12 billion in 2017 compared with 2016, while the group’s combined...

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