Alternative Reinsurance Capital Insights: Aon Names New CEO for Aon Securities
Thursday, 3 October 2024, 08:24
Alternative Reinsurance Capital Takes Center Stage
Aon announced a significant leadership shift within its insurance-linked securities (ILS) and investment banking division. Richard Pennay has been appointed as the new CEO of Aon Securities, steering the company towards an expanded focus on alternative reinsurance capital.
Key Policy Changes
With expertise in third-party reinsurance capital and catastrophe bonds, Pennay will lead Aon through evolving dynamics in the capital markets.
Leadership Transition
- Richard Schultz ascends to Global Vice Chair of Reinsurance, reinforcing Aon's strategic vision.
- This transition highlights Aon's commitment to becoming a frontrunner in insurance linked securities.
Stay tuned for further updates as Aon positions itself following these pivotal people moves.
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