Aon Reports Record Q1 Economic Losses of $83B Driven by California Wildfires and Global Disasters

Published on April 17, 2025

- Preliminary data reveals that 64 percent of global natural catastrophe losses were covered by insurance - California wildfires represented 71 percent of insured loss total

Continue reading on website
Other news

Neptune Flood reveals key leadership appointments to support continued growth

April 17, 2025
Neptune Flood, a private flood insurance provider in the US, has announced several strategic leadership updates to support its ongoing expansion.Matt Duffy has been promoted from Managing Director to President. In this expanded role, Duffy will lead Neptune’s strategic initiatives, manage partnerships, and oversee daily operations.Since joining the company, he has played a vital role in scaling op

Ignyte Insurance launches to accelerate growth in specialty insurance

April 17, 2025
Ignyte Insurance has officially launched as a specialty insurance platform focused on acquiring, scaling, and accelerating high-performing insurance brands in niche markets globally.Led by Geof McKernan, Bill McKernan and Marc Castellucci, the launch follows the recent sale of NSM Insurance Group’s U.S. commercial business to New Mountain Capital.With decades of experience in building and scaling