Generative AI has arrived, and like many other segments of the professional and knowledge services business, it will have a profound change on how the insurance industry operates and contemplates risk ..read more

Now in it's 18th year, the Insurance Risk Study determines credible global insurance volatility benchmarks for use in underwriting risk modeling. It aims to help insurers understand volatility within a given line of business and how those lines of business interact with each other.  ..read more

The January 2024 property reinsurance renewal sets the stage for an interesting year ahead. Demand for property catastrophe reinsurance remains strong at the start of 2024, supported by inflation and exposure trends. As capacity continues to build, there will be opportunities for insurers to buy additional limit at the top of programs, and for reinsurers to work with brokers and clients to share the burden of secondary perils more equitably ..read more

diagnoses the state of the current homeowners market and identifies key headwinds and tailwinds to monitor through the prospective period.  We explore how insurance carriers achieved strong forward momentum through rate action to help combat elevated residual inflationary pressures from the recent period and improve the overall prospective ROE.  ..read more

Global insured losses from natural disaster events have reached $88 billion so far in 2023. This is 17% higher than average, driven in Q3 by U.S. and Italian severe convective storms (SCS) and the Maui wildfire. In response, Aon’s Q3 2023 Catastrophe Recap deep dives into global events to help you navigate volatility, enhance resilience and make better decisions ..read more

The eighth edition of Aon’s U.S. Cyber Market Update covers the Cyber insurance industry’s 2022 performance based on data from the NAIC statutory filing supplement. The report provides performance benchmarking insights and perspective on the industry experience for insurers that offer Cyber insurance, as well as those seeking to offer it ..read more

The period from July 2022 to June 2023 was illustrative of the ILS market’s resilience in the face of both significant catastrophic activity and persistent macroeconomic headwinds. 2023 began with the largest first half issuance volume on record and is further trending towards a record-breaking calendar year. Increased catastrophe bond yields have created an ideal environment for investors to raise capital. Overall, ILS capital reached $100 billion in 2023. Further, client demand remains as strong as ever—the cat bond market continues to see a diverse group of returning and new ..read more

In 2022, insured losses from natural disasters reached $132B – marking the fifth costliest year for insurers on record. Reductions in capital combined with hard reinsurance property catastrophe market caused a notable increase in catastrophe tolerance disclosures while insurers retain more property catastrophe risk across the globe ..read more

Lloyd’s has strong forward momentum under a senior leadership team that has successfully guided the market through a very challenging period and is thinking very strategically about its global role. Aon’s Lloyd’s Market Update provides a comprehensive update at a positive moment in the evolution of this unique marketplace ..read more

As severe convective storms drove insured losses over the last six months, Aon’s First Half of 2023 Catastrophe Recap deep dives into global events to help you navigate volatility, enhance resilience and make better decisions.   ..read more