Aon’s ILS year-end 2017 update report revealed that during a historic 2017, 35 cat bonds were issued by 31 different sponsors
Weather disasters last year caused $344 billion in global economic losses, making it the costliest year on record for weather-related events, according to Aon’s catastrophe report
A record $11.3 billion of catastrophe bonds were issued across 32 transactions over 12 months from June last year, surpassing the previous record issuance by 20 percent, Aon Securities has revealed
Worldwide economic and insured losses during June were largely driven by several major severe weather outbreaks in the US, according to Aon Benfield’s Impact Forecasting
The 2014 tax increase on captives in Illinois is one step closer to being repealed after legislation was passed by the state’s Senate in a unanimous vote on 15 May
The Illinois Department of Insurance has been working with businesses in the state to rewrite the captive insurance article of the Illinois Insurance Code
US January weather economic losses for insurers exceeded $1 billion, after the country recorded the highest amount of tornados in January in the last 17 years, according to Aon Benfield’s Impact Forecasting
During 2016, 315 natural catastrophe events occurred, generating $210 billion of global economic losses, according to Aon’s catastrophe report...
