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2023 will be the year of the retained loss: Aon

2023 has seen 31 insured losses globally of more than $1 billion yet there have been no losses higher than $7 billion.

ILS proves its durability

The ILS sector has played a key role in restabilising the wider risk transfer markets thanks to its ability to recapitalise quickly. Access to the current wide range of capital options can lead to better business decisions, say Paul Schultz and Cole Mayer of Aon Securities.

Property casualty sector s overall reserves improved in 2022

The US property casualty insurance sector reported favourable reserve development for the 17th consecutive year: AM Best.

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