$30B
At Aon, we place approximately $30 billion of global property reinsurance premiums.
Property Reinsurance
Why is Property Reinsurance Important?
Global natural disaster economic losses reached $380 billion in 2023, with insurers facing the fourth year in a row of insured losses over $100 billion. These losses are exacerbated by rising inflation, climate change, costly claims and property exposures, representing a significant capital constraint for many re/insurers. As cautious reinsurers and insurance-linked securities, investors reduce the capacity for property, identifying new sources of capital and protecting existing capital through optimal reinsurance is critical.
How Aon Can Help
At Aon, we place approximately $30 billion of global property reinsurance premiums; through this, we have built a vast hazard and market database that includes early trends and insights on how insurers compare to industry peers. With our extensive investment in data and analytics capabilities, we help clients make better decisions to protect and optimize their capital.
We Help Clients Make Better Decisions to Protect and Optimize Capital
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01
Identify
Identifying whether equity, debt or reinsurance is most accretive
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02
Determine
Determining the most efficient form of reinsurance — whether traditional or alternative capital
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03
Advise
Advising and executing on different structures across catastrophe and risk based on the strategic objectives of each client
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04
Develop
Beyond risk appetite, helping clients develop portfolio growth and optimization strategies including the development of new products
The property market constantly evolves; high performance is not just about the transaction. Aon’s clients benefit from an integrated reinsurance approach rooted in developing a strategy that directly supports a client’s broader strategic objectives.
Why Work With Aon
Working with clients to understand their risk appetite and strategic objectives, we use our scale — combined with internal coordination across broking, analytics, banking and capital advisory — to access a range of risk transfer markets for our clients, such as facultative, treaty and insurance-linked securities.
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Capital Access and Solutions
By tracking reinsurer behavior and pricing, coupled with the depth of our relationships and knowledge, we aim to develop solutions that address market challenges based on optimizing the client’s utilization of reinsurance and other forms of capital.
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Climate Research
We incorporate global academic research — such as from our collaboration with Columbia University — into our analytics and through third party model evaluation to better inform clients on the impact of catastrophes on their property portfolios.
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Proprietary Catastrophe Model
Aon’s Impact Forecasting model provides a wide range of services, from individual risk pricing and underwriting to structuring and placing reinsurance.
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Shaping the Portfolio
Integrating property analytics across underwriting, client support during an event lifecycle including Impact Forecasting’s Automated Event Response for real time loss forecasting, plus portfolio optimization.
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Rate Adequacy and Pricing Analysis
Our Strategy and Technology Group and Capital Advisory teams help you navigate capital constraints and ignite long-term growth through property rate adequacy and pricing analysis.
50%
We represent, in some way, more than 50 percent of the risks transferred in the property catastrophe space in the global market.
