Aon
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Some will play “pretend and extend”, but others will sell to strategics or take the steep climb to an IPO. -
The firm’s trajectory could, however, make it harder to meet guidance going forward.
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The former CEO will also serve as executive managing director within Aon’s reinsurance solutions business.
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The executive is currently Asia Pacific CEO.
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The executive spent over 15 years at Aon in various M&A-related positions.
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Total insured losses are expected to range from $34bn to $54bn.
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Underwriting remains disciplined as insurers target profitable growth.
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The global broker has beaten off competition from AJ Gallagher, and a number of other strategics.
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The price for policies with the same limit and deductible decreased 6.0%.
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Insured losses for 9M 2024 have hit $102bn, according to a report.
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Ball will succeed Jeff Poliseno, who is set to retire.
Related
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Aon organic growth accelerates to 7% in Q3
October 25, 2024 -
Aon estimates Milton insured losses at $25bn to $40bn
October 11, 2024 -
Aon names Crookes global insurance vertical leader
October 10, 2024