Aon
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While rates have “definitely come down,” they were coming off a high base, Rachel Turk said. -
Nine-month insured losses still exceeded $100bn due to California wildfires.
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Clear Blue originally filed the suit in late 2023, alleging reckless conduct and misrepresentation.
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The executive has worked at Aon for almost two decades.
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Reinsurer executives during a Aon reinsurer panel stressed that the industry worked hard on setting the right structure.
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Nick Fallon is the latest in a string of retro-broker moves in the market.
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The volume of property cat aggregates placed grew 50% in 2025.
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A trend towards higher-risk ILW bonds helped keep yields in double-digits despite softer rates.
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The lawsuit is the latest development in the multi-billion dollar reinsurance scandal.
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The broker has noted that double-digit reductions are increasingly available in property.
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The bond will provide protection on an industry-loss basis, as reported by PCS.
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Cat bond broking growth contributed to 6% organic growth in reinsurance.
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The broker has nearly 20 years of experience in the reinsurance and retro markets.
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Matthew Towsey has spent 14 years at Aon.
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US events accounted for more than 90% of global insured losses.
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The sidecars will provide capacity for reinsurers and large insurance carriers.
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The awards celebration took place at the Hilton Bankside on 25 June.
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The documents figure in a potential criminal case against a CCB employee.
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The executive has 15 years of experience in meteorology and cat analytics.
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Most of the losses are attributable to a supercell storm in Texas.
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The carrier previously raised a Finca Re cat bond in 2022.
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Two large storms hit the Midwest and Ohio Valley regions on 14-17 May and 18-20 May.
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Sources believe the market will grow gradually over years after its initial cluster of dealmaking.
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Commutations need to be optimal for the sponsor and the investor to avoid sponsors taking back chunky risks.
