Aon Unveils D&O Risk Analyzer to Advance the Management of Executive Officer Risks

Published on August 19, 2024
– Tool enables risk managers and brokers to assess corporate executive risks and tailor more impactful insurance programs – Joins Aon's Property Risk and Casualty Risk analyzers in a growing...
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AUB Group to acquire 80% equity stake in UK insurance broker Movo

August 19, 2024
Australian insurance broker AUB Group has entered into an equity partnership with Movo Group, a UK insurance broking business. The transaction is subject to regulatory approval.AUB has agreed to acquire an 80% equity stake in Movo, including: Authorised Representative (AR) network Movo Partnership; equity broking group, Movo Insurance Brokers; and insurance technology platform, Durell Software.Acc

Suncorp reveals reinsurance recoveries of $135m, lifts natural hazard allowance for FY25

August 19, 2024
Australian insurer Suncorp recorded AUD 135 million of reinsurance recoveries for the financial year ended June 30th, 2024, as the total cost of natural hazard events in the period came in below the Group’s allowance.Announcing its financial year results today, Suncorp Chief Executive Officer (CEO) Steve Johnston revealed that over the past five years, the firm has managed around 700,000 natural h