As Amazon (AMZN), Berkshire Hathaway (BRK.A) (BRK.B), and JPMorgan (JPM) team up to shake up the health insurance market, Apple (AAPL) and Cisco Systems (CSCO) are trying to do a similar thing to the cyber insurance market. The global cyber insurance industry could be a $17 billion market by 2023, according to P&S Market Research. In June 2017, Apple CEO Tim Cook revealed that his company is working closely with Cisco to try to lower cyber insurance costs for their business customers.
Goldman Sachs Gets Constructive On Insurance Brokers
Posted on Mar 15, 2018 (6 days ago)
Improving economic growth and dissipating insurance pricing headwinds prompted Goldman Sachs to take a more constructive view on the insurance brokers, as it upgraded its coverage view on the sector to ...
Aon survey: falling employee engagement in Canada is a “wake-up call” for employers
Posted on Mar 13, 2018 (9 days ago)
Against a global trend toward higher engagement, Canada sees scores decline in most measured areas Employee uncertainty created by changing work environment a significant challenge to employers. TORONTO, ...
Global Employee Engagement Levels Bounce Back to All-Time Highs in 2017
Posted on Mar 13, 2018 (9 days ago)
CHICAGO , March 13, 2018 /PRNewswire/ -- After a dip last year—the first since 2012—global employee engagement levels jumped back to an all-time high in 2017, according to a new report from Aon, a leading ...
Free Research Report as Aon’s Quarterly Revenue Jumped 10%; Adjusted EPS Advanced 18%
Posted on Feb 26, 2018 (24 days ago)
LONDON, UK / ACCESSWIRE / February 26, 2018 / Active-Investors.com has just released a free earnings report on AON PLC (NYSE: AON ). If you want access to this report all you need to do is sign up now ...
Aon Announces Strategic Partnership with Leading Emiratization Advisory Firm
Posted on Feb 25, 2018 (24 days ago)
Aon, a leading global professional services firm providing a broad range of risk, retirement and health solutions, today announced its partnership with TBH Consultancy, a Dubai-based Emiratization Advisory firm.
Aon PLC (AON) Files 10-K for the Fiscal Year Ended on December 31, 2017
Posted on Feb 20, 2018 (29 days ago)
Aon PLC (NYSE:AON) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. Aon PLC acts as a provider of risk management services, insurance and reinsurance brokerage, and human ...
Insurance Labor Study Highlights Stabilizing Labor Market
Posted on Feb 19, 2018 (30 days ago)
According to the latest iteration of the Semi-Annual U.S. Insurance Labor Outlook Study conducted by The Jacobson Group and Ward Group, a part of Aon plc , 58 percent of companies polled intend to increase staff in 2018.
Cisco Systems (CSCO) has partnered with tech (technology) giant Apple (AAPL) and insurance company Allianz. According to the partnership agreement, cyber insurance discounts will be offered to businesses using equipment and technology from Apple and Cisco. Cyber threats have impacted several businesses, including Equifax (EFX) with its recent hack.
Storm Burglind property losses estimated at 643 mln euros
Posted on Feb 13, 2018 (37 days ago)
Storm Burglind will cost the insured property market 643 million euros , based on loss data collected from affected insurers after the event, Zurich-based catastrophe data provider PERILS estimates. The ...
January windstorms expected to cost European insurers more than $2bn, according to Aon catastrophe report
Posted on Feb 8, 2018 (41 days ago)
Friederike, Eleanor and Carmen, kill at least 20 people and cause widespread damage CHICAGO , Feb. 8, 2018 /PRNewswire/ -- Impact Forecasting , Aon Benfield's catastrophe model development team, today ...
World Bank launches $1.4 billion catastrophe bond for Latam earthquakes: Aon
Posted on Feb 7, 2018 (42 days ago)
The World Bank has launched a $1.4 billion catastrophe bond covering Latin American earthquakes, the largest earthquake catastrophe bond on record, Aon Securities said on Wednesday. The multi-tranche bond would provide earthquake relief for Chile, Colombia, Mexico and Peru, Aon Securities, which structured the bond, said in a statement. The deal is part of the World Bank's broader work in supporting the four countries in managing the risk of natural disasters, Aon said.
Aon Securities structures record-breaking earthquake catastrophe bond for World Bank
Posted on Feb 7, 2018 (43 days ago)
Largest ever sovereign risk transfer protects World Bank against natural hazard exposure in four countries CHICAGO , Feb. 7, 2018 /PRNewswire/ -- Aon Securities, the investment banking division of global ...