Aon's Reinsurance Solutions’ Post

To enable more accurate underwriting and risk assessment for natural and man-made hazards, Aon’s Impact Forecasting has developed a set of hazard and risk score products based on our modeled data. This helps insurers and corporations understand the impact of catastrophe risk on individual locations within a portfolio. Read more about the tool here:  https://lnkd.in/easXnM_H Or you could watch Aon’s Head of Business Development for the Midwest Region, Dustin Oltman on how IF is perfect for SCS modeling and the growth opportunities on the horizon for US insurers. #SCS #ImpactForecasting #risk

We are excited to bring our 2024 Reinsurance Renewals Season back to the beautiful town of Baden-Baden as we bring together re/insurers to discuss the opportunities and challenges they face in charting out a sustainable path to profitable growth. We hope to see you there next week! https://aon.io/4du3rsf #RRS24 #BBRe24

Just because SCS is a secondary peril, doesn’t mean that it should be taken lightly. With the frequency of these storms increasing (especially in the U.S.), it’s no surprise that it is top of mind for re/insurers. However, was it top of mind for your loss modeling platform when it was being built? Aon’s Impact Forecasting tool enables firms to analyze the financial impacts of catastrophic events and develop effective reinsurance, underwriting and exposure management. Watch Dustin Oltman’s (Aon’s Head of Development for the Midwest Region) take on how insurers can be better informed about these risks. Visit: https://lnkd.in/easXnM_H #SCS #ImpactForecasting #risk

Your company is unique and delivering innovative solutions to your clients is key. A bespoke approach is needed, and a partner as unique as you is needed to unlock your potential. Aon’s Life Solutions team has unique capabilities spanning reinsurance, strategy consulting, actuarial consulting, and technology. We have the tools and expertise to create differentiated products, customized risk management, and a tailored distribution strategy for you, helping you maximize your value proposition. Aon’s Life Solutions team will help you make better, more informed decisions. Learn more: https://lnkd.in/exYdPDtp #StrategyTechnology #insurance #AonLifeSolutions

3 out of 4 homes in the U.S. have asphalt shingle roof coverings — leaving them vulnerable to the impact of severe convective storms. Rising costs of insured loss from SCS and other secondary perils could help explain the weakening of underwriting profit for the homeowners line of business… but they’re not the full picture. Aon’s Homeowners Return on Equity Report delves into market trends, and how insurers can drive profitability while providing much needed coverage. Read the full report: https://aon.io/4dAg3gJ #insurance

We are excited to announce the appointment of Emma Crookes as global head of the insurance vertical. Having most recently led Aon’s UK insurance vertical, Crookes will be looking to expedite the development of Aon’s client leadership model to bring such capabilities to insurers in a coordinated way across the firm – putting the client at the heart of the process. Learn more about the appointment: https://lnkd.in/e_MGnJ8A #reinsurance

We have now wrapped up our RRS event here in Chicago and wanted to take a moment to thank everyone who attended. We’ve had many conversations with our clients and colleagues and have learnt so much from you, as we hope you have from us. We now look forward to seeing more of you at our next event in the beautiful city of Baden-Baden in Germany later this month. https://aon.io/4du3rsf #RRS24 #AM2024 #BBRe24