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Crowded insurance industry becomes latest casualty of oil slump

By: Thomson Reuters

Published February 10, 2016 - 10:35am CST

(Reuters) – The insurance industry is becoming the latest casualty of the oil price slump, with postponements and cancellations of energy projects forcing down premium rates and income in a market that was already crowded.

Aon reports stable revenue in 2015 fourth quarter

By: Sheena Harrison

Published February 05, 2016 - 2:08pm CST

Stability in the brokerage's risk management and human resources management divisions helped keep revenue flat.

World Captive Forum 2016

Published February 05, 2016 - 12:01am CST

To speakers and panelists at the World Captive Forum, there's not much captive insurers can't handle.

Examine risks to find opportunities

By: Donna Mahoney

Published February 05, 2016 - 12:01am CST

With proper investigation and planning, no risk is uninsurable, economists and risk managers say.

Broker names construction services group executive

By: Joyce Famakinwa

Published February 02, 2016 - 1:16pm CST

Alliant Insurance Services Inc. on Tuesday said it has named San Jose, California-based Michael Heffernan executive vice president of its construction services group.

Insurers emerge from storm with limited commercial claims

By: Matthew Lerner

Published January 31, 2016 - 12:01am CST

Insured damages from Winter Storm Jonas, which attacked the Eastern Seaboard in January with record snowfalls and blizzard conditions, may be mitigated by its weekend timing and the above-freezing temperatures in the wake of the storm.

Former Aon exec joins JLT Specialty USA as senior vice president

By: Joyce Famakinwa

Published January 07, 2016 - 2:44pm CST

JLT Specialty USA, a subsidiary of Jardine Lloyd Thompson Group P.L.C. said it has appointed former Aon exec Brad Kotlewski senior vice president.

Reinsurance rate decline continues at Jan. 1 renewals

By: Sarah Veysey

Published January 05, 2016 - 10:19am CST

Continued merger and acquisition activity is unlikely to change pricing this year.

Reinsurance rates expected to remain soft, but demand to grow

By: Sarah Veysey

Published January 04, 2016 - 10:25am CST

Reinsurance buyers benefitted from ample capacity and willingness of reinsurers to provide favorable terms and conditions at the Jan. 1 reinsurance renewals.

Property insurance pricing continues to soften

By: Mark A. Hofmann

Published January 03, 2016 - 12:01am CST

The current year-end property insurance renewal season looks a lot like last year's, except even better for risk managers.

2015 Women to Watch

Published December 22, 2015 - 12:01am CST

Meet the Class of 2015, the 10th year Business Insurance has recognized Women to Watch.

Insurance industry urged to create diverse workforce

By: Gloria Gonzalez

Published December 17, 2015 - 1:06pm CST

And doing so will take change from within, AIG chief diversity officer tells the Business Insurance Women to Watch conference in New York.

Insurance industry urged to create diverse workforce

By: Gloria Gonzalez

Published December 17, 2015 - 1:06pm CST

And doing so will take change from within, AIG chief diversity officer tells the Business Insurance Women to Watch conference in New York.

Combined Willis-Towers Watson positioned to take on larger broker rivals

By: Matthew Lerner

Published December 15, 2015 - 8:35am CST

When Towers Watson and Willis Group join forces to become Willis Towers Watson P.L.C. next year, larger rivals such as Marsh and Aon will face new competition.

New CEO named of Aon U.K. risk solutions unit

By: Sarah Veysey

Published December 07, 2015 - 9:26am CST

Andrew Tunnicliffe comes over from the Europe, Middle East and Africa region to succeed Jim Herbert, who heads for EMEA.

2015 Women to Watch: Julie Layton

By: Louise Esola

Published December 06, 2015 - 12:01am CST

Julie Layton

Directors and officers insurance rates generally falling: Analysis

By: Judy Greenwald

Published December 02, 2015 - 1:09pm CST

Rates for directors and officers liability insurance decreased for the third quarter as well as the first nine months of 2015.

Aon develops catastrophe model for French floods

By: Joyce Famakinwa

Published December 02, 2015 - 10:32am CST

Aon P.L.C. on Wednesday said Aon Benfield Group Ltd.’s catastrophe model development team, Impact Forecasting, has developed a French flood scenario model with Paris-based reinsurer Scor S.E.

Aon tries to provide pipeline to Lloyd's syndicates

By: Sarah Veysey

Published November 22, 2015 - 12:01am CST

Aon P.L.C. has launched two broking initiatives it says will increase retail and wholesale buyers' access to Lloyd's of London, but some are grumbling that the efforts favor some syndicates over others.

PARIMA 2015

Published November 20, 2015 - 12:01am CST

Two days, 500 risk managers and insights into the challenges their companies face -- a look at the 2015 PARIMA conference.

Cyber coverage lags risk awareness in Asia-Pacific

By: Gavin Souter

Published November 20, 2015 - 12:01am CST

With little legal framework, businesses are on their own in the defense of breaches.

Risk management reflected in corporate financial results

By: Judy Greenwald

Published November 17, 2015 - 1:56pm CST

There continues to be a strong statistical correlation between strong risk management practices and reduced stock price volatility, says a report issued by Aon P.L.C. and the Wharton School of the University of Pennsylvania.

Insurers need nimble response to innovative technologies

By: Gavin Souter

Published November 17, 2015 - 8:25am CST

It's vital that price and capacity models make way for resiliency and risk management.

Aon launches program to ease international access to Lloyd's

By: Sarah Veysey

Published November 11, 2015 - 10:57am CST

"Pre-secured, co-insurance capacity" to increase choice and efficiency of placing large and complex risks.

No end soon to reinsurance downward price spiral

By: Matthew Lerner

Published November 11, 2015 - 10:16am CST

Declines expected to flatten despite continued challenging market conditions.

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