Regardless of the turbulent macroeconomic environment, the long-term trends, in terms of levels of risk, is on the rise, and as the need for solutions increases, there will be implications for demand and pricing of re/insurance, according to Greg Case, Chief Executive Officer (CEO) of global broking group Aon.
Earlier today, insurance and reinsurance broker Aon released a strong set of results for the opening quarter of the year, with organic revenue growth across the business of 5% to $4.7 billion.
This was supported by 4% and 5% organic growth in the firm’s Reinsurance Solutions and Commercial Risk Solutions units, respectively, which helped the Risk Capital division generate revenue of $3.2 billion, up 7% year on year on an organic basis.
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