Having reported another quarter of double-digit revenue growth for its catastrophe bond and insurance-linked securities (ILS) related activities, Greg Case the CEO of broking giant Aon also highlighted parametric risk transfer as another area he sees activity levels as exceptional in.
Reporting its first-quarter results today, Aon disclosed 4% organic revenue growth in its Reinsurance Solutions business, but within that was continued expansion of its catastrophe bond and ILS activities.
“Reinsurance with 4% organic revenue growth was driven by growth in treaty placements and double-digit growth in both facultative placements and insurance-linked securities,” Aon CFO Edmund Reese explained during a first-quarter earnings call just now.
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