Aon has appointed Anup Seth as global leader, underwriting solutions, of its Captive and Insurance Management team, based in Bermuda.
Aon Captive & Insurance Management has appointed John English as its new chief executive officer, effective June 1.
Peter Mullen, the Bermuda-based chief executive officer of Aon Captive and Insurance Management, is stepping down from his position.
Risk Retention Groups (RRGs) are well-placed to meet the needs of today’s dynamic marketplace, however, the sector has changed and it is difficult to tell if the numbers of such groups have increased or decreased.
Aon has appointed Dominic Christian as global chairman of Aon Benfield and Julie Page as CEO of Aon UK, subject to regulatory approval.
Aon’s total revenue increased 10 percent to $2.9 billion in the fourth quarter of 2017, with total organic revenue increasing 6 percent year-on-year.
The managing director of Aon's Global Risk Consulting team in Ireland, Alastair Nicoll, has relocated from Dublin to Singapore to lead Aon's captive business in Asia Pacific.
Aon Global Risk Consulting has appointed Aidan Kelly as associate director of risk finance and captive consulting, based in Atlanta.
Captives can be a more effective approach for cutting costs and financing cyber risk, as long as the captive owners themselves understand their own risk profile, according to Peter Mullen, CEO of Aon Captive and Insurance Management.