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Aon said it has named CEOs of its reinsurance and risk management businesses.

Water was Junes primary element of destruction, causing a combined $27 billion in economic losses in Central Europe, Canada, and India.

Water was Junes element of destruction, causing a combined $27 billion in economic losses in Central Europe, Canada, and India.

The rebuilding efforts from the tornadoes of 2013 will be difficult, but insurance coverage, at least in the area of mold remediation, is much clearer now than it was a decade ago.

Commercial lines reserved moved to an overall deficiency $900 million in 2012 as U.S. P&C insurance reserve redundancy dropped 21 percent last year, says Aon Benfield.

Commercial lines reserved moved to an overall deficiency $900 million in 2012 as U.S. P&C insurance reserve redundancy dropped 21 percent last year, says Aon Benfield.

Storm damage in the U.S. in May will cost insurers at least $4 billion, says Aon Benfields Impact Forecasting.

The catastrophe bond market is strengthening despite the fact Superstorm Sandy was the third most expensive hurricane in U.S. history.