Insight and Intelligence on the London & International Insurance Markets 19 Feb 2018
Reinsurance brokers boosted by back-ups and reinstatements
- 6 February 2018
Reinstatement premiums and increased demand for back-up covers in the aftermath of last year's North Atlantic hurricanes boosted reinsurance brokers' organic revenues in the fourth quarter.
The reinsurance broking divisions at both Aon and Marsh & McLennan Companies (MMC) posted the best quarterly organic growth figures either had achieved in a number of years.
Aon's reinsurance arm, which includes Aon Benfield as well as its capital markets business, slightly bettered its rival with 8 percent organic revenue growth, which was...
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