Aon President Highlights Reinsurance Market’s Resilience After Hurricanes Helene and Milton
Aon President Highlights Reinsurance Market’s Resilience After Hurricanes Helene and Milton

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During Aon’s recent earnings call, President Eric Andersen stated that the reinsurance market is well-equipped to manage significant events such as hurricanes Helene and Milton. Helene struck Florida as a Category 4 hurricane, and shortly after, Milton made landfall in Southwest Florida. Andersen noted that while there is pressure for pricing adjustments and attachment point relief from clients, substantial capital remains in the market, potentially influencing negotiations in the coming weeks. He highlighted that discussions around pricing could lead to a stabilization or slowing in rate declines as the year progresses.

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