Tag: Aon

Capital and Risk, Insurance

Aon, Lloyd’s and Vienna Insurance Group to Provide Re/Insurance for Ukraine Recovery

June 21, 2023

Via: Insurance Journal

Aon, Lloyd’s and Vienna Insurance Group (VIG) announced they are collaborating to provide foreign re/insurance capacity to support Ukraine’s recovery and reconstruction. As part of the UK-Ukraine Private Finance Partnership, Lloyd’s and Aon have committed to deliver fast-track access to […]

Capital and Risk, Insurance

Global Insured Losses From Natural Disasters Topped $130B in 2022 in 5th Costliest Year

January 26, 2023

Via: Insurance Journal

Economic losses from natural disasters in 2022 were estimated at $313 billion, with an insurance price tag of approximately $132 billion, according to Aon. Roughly 42% of economic losses were covered by public and private insurance entities, which translates into […]

Activity, Insurance

Nearly Two-Thirds of Global Catastrophe Economic Losses Unaddressed by Insurance

January 25, 2021

Via: Insurance Journal

There were 416 natural catastrophe events globally in 2020 that resulted in economic losses of $268 billion – 8% above the average annual losses for this century, according to insurance broker Aon’s latest catastrophe loss report. Of this total, private […]