Aon Forecasts 10 Percent Average Increase in Medical Plan Costs for 2025 Globally

Published on October 14, 2024
Despite global annual inflation expected to decrease, medical plan costs on the rise DUBLIN, Oct. 14, 2024 – Aon plc (NYSE: AON), a leading global professional services firm, forecasts medical...
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Energy sector MGA Volt Underwriting launches

October 14, 2024
London-domiciled, Lloyd’s Approved Coverholder, energy sector managing general agent (MGA) Volt Underwriting launches today to support clients active in the energy transition sector, with initial capacity of $25 million for US and international onshore power and renewable energy risks.The binder is led by Dale Underwriting Partners’ Lloyd’s Syndicate 1729, and Volt will be one of the first MGAs to

AM Best upgrades credit ratings of GIC Re, shifts outlook to stable

October 14, 2024
Global credit rating agency AM Best has upgraded and revised the credit rating outlooks for Indian public sector reinsurer, General Insurance Corporation of India (GIC Re), to stable from positive.Specifically, AM Best has upgraded the reinsurer’s Financial Strength Rating to A- (Excellent) from B++ (Good), and the Long-Term Issuer Credit Rating to “a-” (Excellent) from “bbb+” (Good).AM Best has a