262 words…about a minute read

One big thing: Aon is hosting its annual Property Symposium and inaugural Casualty Roundtable this week — the industry’s largest gathering of insurers and brokers. The two-day event is dedicated to meeting, strategizing and navigating the property insurance marketplace.

• Aon leaders including CEO Greg Case, President Eric Andersen, CEO of North America Jennifer Bell, and CEO of Commercial Risk Joe Peiser will be attending.
• Events include a spotlight on Aon’s 2023 Global Risk Management Survey, a keynote on Aon’s investment in Risk Capital and what it means for clients, a CEO panel discussion, an Atlantic Hurricane Season Forecast and innovation salons showcasing the Property Risk Analyzer, Casualty Risk Analyzer and Property 360 tools.

Zoom out: Property insurance market conditions are influenced by natural catastrophes and climate-related perils. Better insights and tools to address asset exposure and resilience to current and future climate conditions are increasingly important if clients are to obtain optimal limits and terms at renewal. These tools and insights also support disclosure of climate-related risks and opportunities to regulators and stakeholders.

• Aon’s Climate Risk Monitor tool helps clients understand their exposure to physical climate risk for today and the future, with projected changes under four climate change scenarios for five key chronic risks: drought, extreme rainfall, extreme heat, freeze and wildfire potential.
• The Q3 Global Catastrophe Recap report from Aon analyzed the natural hazard activity worldwide in the third quarter of 2023, and for the first nine months of last year, to provide a recap of the global insured losses from natural disaster events in the first nine months of 2023.