Four Steps to Develop Strong Property Risk Coverage in a Hardening Market
With the property market remaining volatile, risk buyers need a solid strategy to stabilize their risk portfolio.
Key Takeaways
-
Rate increases and shrinking capacity continue to drive the global property market and pressure risk managers.
-
Buyers are challenged to adequately address their property risks, especially in nat-cat-exposed locations.
-
Data and analytics can help buyers make informed property risk decisions and shape conversations with their business leaders.
A hard commercial property insurance global market, with rates rising and capacity shrinking, leaves many risk buyers challenged to make the best decisions that impact their property portfolios, especially in natural catastrophe (nat-cat) exposure areas. Rates are being driven by:
- Losses from nat-cat perils, including wildfires, convective storms, floods and hail — all contributing to an erosion of reinsurer returns and an 11 percent estimated decline in global reinsurer capital.
- 40-year record inflation, which has driven unrealized carrier investment losses from rising interest rates and a decline in equity markets.
Property clients are seeing rate increases of 20 to 30 percent in Q3 2023 and potentially through year-end. Rates differ globally:
-
United States
- 10-30+% increases for desirable occupancies
- 20-40+% increases for loss-challenged or less desirable occupancies
- 50+% rate increases for extremely challenged and nat-cat exposed accounts
-
Australia
- 0-5% increases for benign occupancies
- 5-10% increases for loss-challenged or less desirable occupancies
- 15-20% increases for distressed and nat-cat exposed accounts
-
Europe
- Secondary perils are posing a greater risk in Europe, driven by recent climate events, such as floods, fires, devastating storms, and macroeconomic scenarios
- These correlated with up to 60% increases in primary insurance rates
-
Asia Pacific
- In the first half of 2022, floods in Asia Pacific and Australia, as well as earthquakes in Japan, accounted for $22 billion1 of overall natural disaster losses
The volatile property market has placed increased pressure on buyers, who are now having difficult conversations with the c-suite and board of directors amid double-digit premium increases and shrinking budgets.
As the market continues to harden through 2023, these four steps can help risk managers mitigate the total cost of risk in their property portfolios.
A Four-Step Process to Help Control Risk Costs
To design competitive property coverage, risk managers should understand all available risk products, including alternative risk solutions. These steps take a long-term — rather than transactional — approach that enables risk managers to tailor solutions to their organization’s individual risk profile.
1. Gather the necessary data and analytics
To create an accurate risk profile, companies must gain insights from across the organization on historical loss experience, benchmarking, premiums, loss retention, supply chain mapping and contingent time element exposures. Conducting a detailed risk management exercise requires strong data and the cooperation of all functions and business units in the company.
2. Develop a long-term vision
Many companies act reactively, adjusting their buying behavior in response to the market’s short-term moves. A broader perspective, which includes assessing general inflationary factors of the past 10 to 20 years, can give companies a more accurate view of risk transfer costs.
Alternative risk solutions, including parametric insurance, could be part of the answer. However, companies can’t accurately assess the utility of those solutions without a comprehensive, long-term vision for how much risk they are willing to take on and how these options could complement traditional products.
Alternative solutions, such as captives, take time and capital to establish. Risk managers can develop an overarching vision by determining the cost to carry their risk and the level of acceptable risk to their organization.
Working with a best-in-class broker with a wide range of risk modeling solutions helps risk managers find the optimum balance between risk transfer and risk retention and improves a firm's understanding of material perils across its portfolio.
3. Run models and forecasts
With data in hand, companies can perform modeling to determine their optimal risk retention levels, explore interdependencies of risk, or the costs associated with continued business disruption and mitigation strategies.
These critical insights enable teams to accurately evaluate options and make trade-offs. For example, a company may determine that buying the maximum foreseeable loss for a one-in-500-years event is not a worthwhile investment and scale back to a coverage level more aligned with its overall risk profile.
4. Engage in data-driven decision making
Achieving fit-for-purpose property coverage requires informed dialogue and a thorough understanding of trade-offs. Once risk managers have completed their models and forecasts, they should present their findings to the c-suite.
Many companies use this process to increase their retention by modeling catastrophe risk and quantifying updated and verified business interruption values. The output can pinpoint the break point between capacity in the marketplace and risk retention. This fact-based analysis helps executives engage in data-driven decisions to determine levels of risk retention.
Ongoing Benefits for Risk Managers
Risk managers can stay ahead of the curve by applying data and analytics to assess risk in the face of market volatility. The process enhances visibility into risk and retention, while improving resilience and informing risk managers about coverage levels and costs in the market.
Companies that take these proactive steps — basing their buying decisions on data, analysis and a deep understanding of their risk transfer options — will be better positioned to articulate their retained risk and avoid any surprises down the road.
1 Asia Pacific nat cats: the year in review
General Disclaimer
This document is not intended to address any specific situation or to provide legal, regulatory, financial, or other advice. While care has been taken in the production of this document, Aon does not warrant, represent or guarantee the accuracy, adequacy, completeness or fitness for any purpose of the document or any part of it and can accept no liability for any loss incurred in any way by any person who may rely on it. Any recipient shall be responsible for the use to which it puts this document. This document has been compiled using information available to us up to its date of publication and is subject to any qualifications made in the document.
Terms of Use
The contents herein may not be reproduced, reused, reprinted or redistributed without the expressed written consent of Aon, unless otherwise authorized by Aon. To use information contained herein, please write to our team.
Aon's Better Being Podcast
Our Better Being podcast series, hosted by Aon Chief Wellbeing Officer Rachel Fellowes, explores wellbeing strategies and resilience. This season we cover human sustainability, kindness in the workplace, how to measure wellbeing, managing grief and more.
Aon Insights Series Asia
Expert Views on Today's Risk Capital and Human Capital Issues
Aon Insights Series Pacific
Expert Views on Today's Risk Capital and Human Capital Issues
Aon Insights Series UK
Expert Views on Today's Risk Capital and Human Capital Issues
Client Trends 2025
Better Decisions Across Interconnected Risk and People Issues.
Construction and Infrastructure
The construction industry is under pressure from interconnected risks and notable macroeconomic developments. Learn how your organization can benefit from construction insurance and risk management.
Cyber Labs
Stay in the loop on today's most pressing cyber security matters.
Cyber Resilience
Our Cyber Resilience collection gives you access to Aon’s latest insights on the evolving landscape of cyber threats and risk mitigation measures. Reach out to our experts to discuss how to make the right decisions to strengthen your organization’s cyber resilience.
Employee Wellbeing
Our Employee Wellbeing collection gives you access to the latest insights from Aon's human capital team. You can also reach out to the team at any time for assistance with your employee wellbeing needs.
Environmental, Social and Governance Insights
Explore Aon's latest environmental social and governance (ESG) insights.
Q4 2023 Global Insurance Market Insights
Our Global Insurance Market Insights highlight insurance market trends across pricing, capacity, underwriting, limits, deductibles and coverages.
Global Risk Management Survey
Better Decisions Across Interconnected Risk and People Issues.
Regional Results
How do the top risks on business leaders’ minds differ by region and how can these risks be mitigated? Explore the regional results to learn more.
Top 10 Global Risks
Trade, technology, weather and workforce stability are the central forces in today’s risk landscape.
Industry Insights
These industry-specific articles explore the top risks, their underlying drivers and the actions leaders are taking to build resilience.
Human Capital Analytics
Our Human Capital Analytics collection gives you access to the latest insights from Aon's human capital team. Contact us to learn how Aon’s analytics capabilities helps organizations make better workforce decisions.
Human Capital Quarterly Insights Briefs
Read our collection of human capital articles that explore in depth hot topics for HR and risk professionals, including using data and analytics to measure total rewards programs, how HR and finance can better partner and the impact AI will have on the workforce.
Insights for HR
Explore our hand-picked insights for human resources professionals.
Workforce
Our Workforce Collection provides access to the latest insights from Aon’s Human Capital team on topics ranging from health and benefits, retirement and talent practices. You can reach out to our team at any time to learn how we can help address emerging workforce challenges.
Mergers and Acquisitions
Our Mergers and Acquisitions (M&A) collection gives you access to the latest insights from Aon's thought leaders to help dealmakers make better decisions. Explore our latest insights and reach out to the team at any time for assistance with transaction challenges and opportunities.
Natural Resources and Energy Transition
The challenges in adopting renewable energy are changing with technological advancements, increasing market competition and numerous financial support mechanisms. Learn how your organization can benefit from our renewables solutions.
Navigating Volatility
How do businesses navigate their way through new forms of volatility and make decisions that protect and grow their organizations?
Parametric Insurance
Our Parametric Insurance Collection provides ways your organization can benefit from this simple, straightforward and fast-paying risk transfer solution. Reach out to learn how we can help you make better decisions to manage your catastrophe exposures and near-term volatility.
Pay Transparency and Equity
Our Pay Transparency and Equity collection gives you access to the latest insights from Aon's human capital team on topics ranging from pay equity to diversity, equity and inclusion. Contact us to learn how we can help your organization address these issues.
Property Risk Management
Forecasters are predicting an extremely active 2024 Atlantic hurricane season. Take measures to build resilience to mitigate risk for hurricane-prone properties.
Technology
Our Technology Collection provides access to the latest insights from Aon's thought leaders on navigating the evolving risks and opportunities of technology. Reach out to the team to learn how we can help you use technology to make better decisions for the future.
Trade
Our Trade Collection gives you access to the latest insights from Aon's thought leaders on navigating the evolving risks and opportunities for international business. Reach out to our team to understand how to make better decisions around macro trends and why they matter to businesses.
Transaction Solutions Global Claims Study
Better Decisions Across Interconnected Risk and People Issues.
Weather
With a changing climate, organizations in all sectors will need to protect their people and physical assets, reduce their carbon footprint, and invest in new solutions to thrive. Our Weather Collection provides you with critical insights to be prepared.
Workforce Resilience
Our Workforce Resilience collection gives you access to the latest insights from Aon's Human Capital team. You can reach out to the team at any time for questions about how we can assess gaps and help build a more resilience workforce.
More Like This
-
Article 4 mins
5 Myths You Need to Stop Believing About Litigation (and 7 Ways to Avoid It)
Litigation from workers’ compensation and liability claims is not inevitable. Discover common myths and seven practical strategies using prevention, documentation, and AI to help avoid lawsuits and protect your organization.
-
Article 7 mins
Credit Insurance and The Future of Energy
In a conversation with Trade Finance Global’s (TFG) Deputy Editor, Mahika Ravi Shankar, Madeleine Whiteley, Senior Client Manager at Aon, explored how credit insurance is helping energy clients navigate volatility, adapt to the transition to renewables, and manage the uncertainties of today’s market
-
Article 3 mins
Generating Results for Renewable Energy Projects with Tax Incentives
As the U.S. renewable energy market accelerates, tax insurance is becoming critical to unlock investment, manage uncertainty, and protect returns as evolving legislation reshapes tax credits that underpin project viability.
-
Article 12 mins
Life Sciences at the Crossroads: Innovation, Access and Rising Healthcare Costs
Innovation has always driven growth in life sciences. Yet today, it’s not enough to keep organizations relevant and resilient. As global healthcare changes rapidly, the future of care depends on how well leaders align their breakthroughs with real-world healthcare delivery, affordability and trust.
-
Article 9 mins
As Health Spend Soars, Employers Should Beware of Hidden Cost Threats
While cancer care and specialty medicines are familiar culprits behind rising U.S. healthcare costs, benefit leaders should also watch out for less obvious factors driving up expenses. Taking a holistic view requires being aware of these hidden threats as you work to manage costs.
-
Article 8 mins
Optimizing Your Property Program: 3 Ways Analytics Can Deliver Better Outcomes
Advanced analytics empower forward-thinking risk leaders to secure better terms, anticipate volatility and build resilience. Explore three strategies to future-proof your property program through analytics.
-
Article 7 mins
Trump Administration Prescription Drug Initiatives: What Employers Should Know
The Trump Administration has introduced several initiatives aimed at reducing prescription drug costs. Here’s what these changes could mean for employer-sponsored plans.
-
Article 8 mins
Risk Factors and Conditions Driving the Global Medical Trend Rate
The global medical trend rate is projected to dip below double digits for the first time in three years to 9.8%. It may be a hopeful sign that cost increases have plateaued, but cost increases are still elevated. We explain the risks and conditions behind the increase so employers can prepare.
-
Article 9 mins
6 Insights to Build Risk Resilience in a Volatile Retail Market
Retailers in North America are navigating intense competition, shifting consumer demands and rising costs. Add to that a wave of evolving risks — from cyber to litigation — and the pressure mounts. These six insights can help retailers rethink their risk strategy.
-
Article 8 mins
Technology, Data and AI are Transforming How Employees Receive Benefits
Benefit platforms are revolutionizing the employee experience by making it easier for people to choose the right benefits at the right time. New technologies including AI, along with data insights, are enabling more personalized and relevant benefit choices.
-
Article 8 mins
Cyber Risk is the Weak Link in Data Center Construction
Data center construction is booming — but cyber risk management hasn’t kept pace. As digital infrastructure becomes ever more critical, fit-for-purpose insurance solutions are essential to protect projects from costly cyber events that derail timelines and budgets.
-
Article 7 mins
Captives and Cyber: From Tactical Response to Strategic Risk Optimization
Captives are moving from a reactive stopgap to a core, strategic tool for managing cyber risk — helping organizations drive efficiency, manage volatility and build resilience in a rapidly evolving risk environment.
-
Article 23 mins
Q3 2025: Global Insurance Market Overview
Buyer-friendly conditions persisted in Q3, with ample capacity and intense competition driving continued price reductions and broader coverage for preferred risks, especially in property, cyber, and directors and officers.
-
Article 10 mins
Resilient Infrastructure: 3 Risks to Watch
Cost inflation, project complexity and tight schedules aren’t the only pressures facing infrastructure stakeholders. Emerging risks — from design and contract misalignment to tech-driven vulnerabilities — demand proactive risk management across the entire project lifecycle.
-
Article 9 mins
Breaking the Silence – Tailored Strategies for Men’s Mental and Financial Health
Conversations at work about mental health and finances can be daunting. That’s especially true for male employees, who fear the associated stigma. Employers can help those conversations by supporting a healthy culture and providing benefits designed to help with financial and mental wellbeing.
-
Article 5 mins
Rethinking Talent Strategy as H1B Visa Costs Rise
As H1B visa costs surge, organizations face complex decisions in talent strategy and global workforce planning. This article explores how employers, talent, and industry must adapt holistically to remain resilient and competitive amid sweeping immigration and market changes.
-
Article 41 mins
Country-Level Findings
Explore how risk perceptions vary across countries with insights from Aon’s 2025 Global Risk Management Survey.
-
Article 10 mins
Latin America’s Risk Landscape: Turning Complexity into Competitive Advantage
Latin American organizations face converging risks, but those who rethink resilience can unlock growth and gain a competitive edge.
-
Article 1 mins
Regional Results
Aon’s 2025 Global Risk Management Survey explores how organizations across four regions are responding to top risks—revealing both the challenges they face and the opportunities to build resilience in a fast-changing world.
-
Article 12 mins
Rethinking Resilience: Addressing Asia Pacific’s Top Risks
Asia Pacific’s risk landscape is shifting fast. Organizations that rethink resilience as a strategic differentiator will be best placed to navigate volatility and seize emerging opportunities.
-
Article 10 mins
Rethinking Resilience: Navigating North America’s Evolving Risk Landscape
North American organizations face intensifying risks across cyber, supply chain, reputation, and talent. Those who rethink resilience and risk management can turn uncertainty into a source of competitive advantage.
-
Article 10 mins
Turning Uncertainty into Opportunity: Managing Risk in the EMEA Region
In a region shaped by volatility and transformation, EMEA organizations are rethinking risk and resilience to unlock competitive advantage and navigate a rapidly evolving global landscape.
-
Article 10 mins
Where Cyber Meets Physical: Rethinking Risk in the AI Age
From drones that dodge surveillance to deepfakes that unlock doors, AI is reshaping physical security. It’s time for risk managers to rethink how they protect their organizations.
-
Article 7 mins
Optimizing and Personalizing Benefits with Artificial Intelligence
There are a few important ways AI is already influencing the health and benefit ecosystem in the U.S. Here’s how HR teams can harness their vendor ecosystem and use this technology to influence better health outcomes for their workforces.
-
Article 13 mins
Securing Power: Global Strategies for Data Center Energy Resilience
Artificial intelligence is driving unprecedented demand for data center power, straining global grid capacity and reshaping energy strategies. Developers are racing to secure reliable energy but face complex risks and challenges.
-
Article 11 mins
High Stakes in High Tech: Securing the Technology Supply Chain
As in-demand, high-value technology cargo travels through complex supply chains, any disruption can trigger costly delays and reputational damage. Leaders can manage volatility with a future-ready risk management approach backed by innovative insurance solutions and data-driven logistics.
-
Article 5 mins
2026 Salary Increase Planning Tips
Global voluntary turnover remains low, shaping cautious 2026 salary budgets and prompting a renewed focus on employee development to sustain engagement. Employers are balancing cost control with strategic investments in skills, paying high performers, pay equity and total rewards.
-
Article 8 mins
Adapting to Disruption: How Financial Institutions are Reframing Risk
Financial institutions are navigating a landscape of converging risks, from cyber threats and regulatory complexity to economic volatility and geopolitical disruption.
-
Article 9 mins
Building Resilience to Support Growth in Construction and Real Estate
Construction and real estate organizations are navigating a risk landscape shaped by economic volatility, digital acceleration and workforce disruption.
-
Article 1 mins
Industry Insights
Business risks impact industries in different ways. Aon’s 2025 Global Risk Management Survey reveals how organizations across nine sectors are responding to today’s most pressing threats—from geopolitical volatility and cyber risk to supply chain disruption and talent shortages.
-
Article 10 mins
Managing Risk and Unlocking Opportunity in the Food, Agribusiness and Beverage Industry
Surging input costs, supply chain fragility and geopolitical instability are reshaping the risk landscape for the food, agribusiness and beverage (FAB) industry. As organizations face mounting pressure on margins and operations, leaders are rethinking risk strategies to unlock resilience and growth.
-
Article 11 mins
Navigating Risk in Insurance: Turning Complexity into Competitive Advantage
Aon’s Global Risk Management Survey shows insurers face a convergence of risks — cyber, climate and geopolitical volatility — that demand strategic resilience, sharper underwriting and innovation to stay relevant in a shifting landscape.
-
Article 10 mins
Navigating Risk in Life Sciences: Building Resilience to Support Growth
Faced with fragile supply chains, regulatory upheaval and rising competition, life sciences firms are reframing risk as a strategic enabler – using analytics and alternative capital to protect innovation and unlock growth.
-
Article 10 mins
Navigating Risk in Transportation and Logistics: Gearing Up for Big Transitions
As geopolitical instability, workforce disruption and rapid technological change converge, the transportation and logistics industry is undergoing a strategic transformation. Organizations are rethinking supply chains, investing in automation and reshaping workforce strategies to build resilience.
-
Article 11 mins
Navigating Volatility in Natural Resources: Risk Management as a Value Driver
From business interruption and commodity price volatility to shifting regulations and cyber threats, risks are converging to reshape the operating environment for the natural resources industry.
-
Article 9 mins
Technology, Media and Communications: Rethinking Risk in a Shifting Landscape
As disruption accelerates across the TMC industry, organizations face a complex web of risks — from cyber threats and AI upheaval to regulatory shifts and intensifying competition. Leaders are rethinking risk to build resilience, unlock growth and stay ahead in a rapidly evolving landscape.
-
Article 10 mins
Turning Risk into Resilience in the Industrials and Manufacturing Industry
From commodity price volatility and economic uncertainty to supply chain disruption and cyber threats, the industrials and manufacturing industry faces a convergence of risks that are reshaping the operating environment and requiring a new approach to risk.
-
Article 6 mins
Optimizing Your Property Program: A Risk Capital Approach to Manage Volatility
Risk buyers can build resilience in their property portfolios by implementing a risk capital strategy that utilizes alternative risk transfer sources to access capital and support long-term program stability.
-
Article 10 mins
Cyber and E&O: Pricing Holds, but Market Momentum is Shifting
The global cyber and tech errors and omissions market continues to favor buyers — for now. As AI-driven threats, privacy litigation and supply chain exposures intensify, forward-thinking organizations are using this window to build resilience.
-
Article 10 mins
A Better Approach to Succession Planning Using Assessment Data
Succession planning is evolving. By gathering comprehensive data and adopting predictive approaches, organizations can better anticipate workforce needs and build deeper benches of future leaders.
-
Article 7 mins
Business Interruption: Managing Risk in an Interconnected World
Business interruption is the second-highest global risk in 2025 — but is expected to fall to seventh place by 2028. As interconnected threats multiply, from cyber attacks to climate events, organizations must diversify supply chains, embed geopolitical insight and regularly update continuity plans.
-
Article 6 mins
Cash Flow and Liquidity Risk: A Rising Challenge
Cash flow and liquidity risk re-enters the top ten global risks in 2025 — and is expected to remain in tenth place by 2028. Amid an uncertain macroeconomic outlook, organizations must strengthen forecasting and unlock working capital to build financial resilience.
-
Article 7 mins
Commodity Price Risk and Material Scarcity: An Escalating and Complex Risk
Commodity price risk ranks sixth globally in 2025 — and is forecast to climb to fourth place by 2028. With supply chains strained by geopolitical tensions and climate disruption, organizations should consider hedging strategies, diversifying sourcing and exploring innovative risk transfer solutions.
-
Article 6 mins
Cyber Risk: Turning Uncertainty into Opportunity
Cyber risk tops the global risk agenda in 2025 — and is forecast to retain the number one position through to 2028. As digital threats evolve, organizations should strengthen resilience, quantify exposure and adapt their risk strategy.
-
Article 5 mins
Damage to Reputation or Brand: A Critical Risk
Damage to reputation or brand ranks eighth globally in 2025 — but is expected to fall to nineteenth by 2028. In an era of cyber threats, ESG scrutiny and social media amplification, organizations should quantify reputational risk and embed preventive measures into enterprise strategy.
-
Article 6 mins
Geopolitical Volatility: Preparing for the Unpredictable
Geopolitical volatility ranks ninth globally in 2025 — and is forecast to rise to fifth by 2028. With conflict, trade disruption and political instability on the rise, organizations must monitor global developments, regularly assess operational exposure and conduct scenario planning.
-
Article 5 mins
Increasing Competition Is Intensifying Risk for Organizations
Increasing competition ranks as the fifth biggest global risk in 2025 — and is projected to climb to number three by 2028. As technological disruption, talent scarcity and geopolitical shifts intensify market pressure, organizations must embrace agility, and rethink competitive strategy.
-
Article 8 mins
Navigating Regulatory and Legislative Change
Regulatory change ranks as the fourth biggest global risk in 2025 — and is expected to fall to sixth place by 2028. As policy shifts accelerate across sustainability, technology, trade and the workforce, organizations must adopt agile compliance strategies and unlock proactive risk management.
-
Article 9 mins
Supply Chain or Distribution Failure: Navigating the New Normal
Supply chain failure ranks seventh globally in 2025 — and is projected to fall to twelfth place by 2028. As weather-related disruption, geopolitical tension and cyber threats converge, organizations must balance efficiency with resilience and diversify sourcing.
-
Article 1 mins
Top 10 Global Risks
As risks increasingly overlap and evolve, managing them demands more than reactive strategies. This chapter explores the top-ranked risks from the survey and highlights how organizations that take a proactive, integrated approach can turn complexity into opportunity.
-
Article 6 mins
Why Economic Slowdown is an Ongoing Risk for Organizations
Economic slowdown ranks as the number three global risk in 2025 — and is projected to rise to number two by 2028. Amid trade tensions, inflation and geopolitical instability, organizations must strengthen liquidity, enhance workforce agility and rethink capital strategies to stay resilient.
-
Article 11 mins
In Conversation with Iberdrola: Navigating Megatrends
Spanish energy multinational, Iberdrola – a leader in grids, storage and clean energy – talks with Aon about its efforts to adapt and respond to climate impacts through its shift towards renewables and building a workforce for the future.
-
Article 13 mins
Q2 2025 UK Insurance Market Outlook
Despite geopolitical instability and an uncertain economic outlook, insurer competition in the UK remains strong. This ongoing competition has shaped buyer-friendly conditions for most insurance lines, which began in late 2024 and have continued throughout the first and second quarters of 2025.
-
Article 6 mins
5 Bold Predictions for the Future of Total Rewards
Total rewards professionals must adapt quickly to changes in the workforce. Whether it's personalization of benefits powered by AI or a whole new language around total rewards, the near future may look very different than the status quo.
-
Article 10 mins
Rethinking Pay for Performance in the Era of Pay Transparency
As pay transparency regulations increase, companies must update their pay-for-performance strategies and ensure performance management and compensation are clear, fair and well-documented.
-
Article 17 mins
5 Data-Driven Ways HR Can Optimize Costs
Data and analytics can unlock value for HR professionals in a variety of ways. From a unified global benefits perspective to personalizing total rewards, gathering and analyzing the right types of data help companies optimize what can be their biggest expense.
-
Article 12 mins
People Risks Are Rising: Here’s How U.S. Benefits Are Stepping Up
Aon’s 2025 U.S. Health Survey shows how leading employers are responding to rising people risks by evolving their benefit strategies to address affordability gaps, legal pressures and rising employee expectations.
-
Article 8 mins
SPACs Return: Why D&O Risk Management Must Step Up
SPACs are staging a comeback, but the risks that surrounded them in prior cycles remain. The challenge is to lead with proactive, strategic risk transfer that keeps stakeholders and balance sheets protected in a fast-evolving landscape.
-
Article 13 mins
Aviation’s Future Flightpath: 5 Risks on the Horizon
Efficiency, safety and innovation are no longer enough in aviation. Leaders must now take decisive action to manage emerging risks and future-proof operations in a sector under intense scrutiny.
-
Article 10 mins
Sustainable Fuel in Transit: Overcoming Roadblocks to Adoption
The transportation industry is one of the highest emitters of greenhouse gases — and among the most primed for change — but the journey to decarbonize remains complex. Stakeholder collaboration will be critical in making sustainable fuel mainstream in aviation and marine.
-
Article 8 mins
Global Benefits During M&A: Turning Challenges into Opportunities
How pay and benefits are managed in M&A transactions creates a lasting impression on employees. Mismanagement can lead to disengagement and attrition, eroding deal value. But the challenge of integrating employee benefits can also bring opportunities to improve business outcomes.
-
Article 5 mins
Under Pressure: How Tax Insurance Supports Certainty in Cross-Border M&A
In a rapidly evolving tax environment, tax insurance is more than a safeguard — it’s strategic risk capital that unlocks value and accelerates deal confidence.
-
Article 5 mins
Rethinking Cyber Risk Capital in APAC: Closing Insurance Gaps
Despite unprecedented investment in digital transformation across Asia Pacific, there is a disconnect between cyber risk and capital allocation. Organizations are racing to innovate, yet the adoption of cyber risk capital trails behind the velocity of cyber threats.
-
Article 8 mins
The Role of D&O Insurance in Securities Class Actions: From Triggering Events to Claims Resolution
For public companies and their executives, facing a Securities Class Action (SCA) can be an overwhelming and unprecedented time. While the stakes are high, the procedural roadmap of an SCA typically follows a consistent trajectory.
-
Article 12 mins
Driving Value Through M&A in FAB: Strategic Acquisition and Spin-Out Opportunities
Strategic acquisitions and divestitures are essential for survival and growth in the FAB industry, but increasing risks demand a reevaluation of traditional dealmaking tactics.
-
Article 12 mins
Relevance Through the Market Cycle: 5 Strategic Imperatives for Insurers to Drive Performance
Relevance is not a phase — it’s a discipline. In a market defined by volatility, insurers must embed strategic relevance into every decision to outperform through the cycle.
-
Article 9 mins
Building Climate Resilience in Global Food, Agribusiness & Beverage
Climate change is now a central disruptor for FAB industries worldwide, impacting every tier, from raw production to global supply chains. Extreme weather, shifting rainfall patterns and regulatory changes are altering the landscape for every organization within the value chain.
-
Article 6 mins
Delivering Critical Cargo: Why Stock Throughput Insurance Matters to Life Sciences Leaders
Patient access to critical life sciences products is at risk when supply chains are disrupted. In a dynamic risk landscape, organizations are leveraging stock throughput insurance along with advanced risk strategies to ensure continuity, compliance and reputation.
-
Article 5 mins
Bridging the NIS2 Cyber Security Gap
Organizations must prioritize addressing critical cyber security vulnerabilities to comply with the EU’s NIS2 Directive and help bolster their resilience against cyber threats.
-
Article 7 mins
Why Pay Transparency Demands a Total Rewards Lens
Pay transparency is more than another regulatory mandate. It’s a foundational shift in how leading organizations are building resilient cultures and future-ready workforces — especially as scrutiny extends beyond base pay.
-
Article 22 mins
4 Strategies to Navigate Insurance Claims Trends
Dynamic trends are influencing the size and complexity of claims around the world. Proactive claims management can help organizations recover swiftly after a loss event and manage potential claims exposures.
-
Article 6 mins
Optimizing Your Property Program: How to Use a Soft Market to Build Resilience
While the global property insurance market currently favors buyers, it is uncertain how long this will last. Businesses should act now by adopting a proactive, data-driven property risk strategy that aligns financial stability and risk appetite with market dynamics.
-
Article 7 mins
Navigating the Regulatory and Investment Landscape for Non-Profits
Non-profit organizations in the U.S., Canada and the UK in particular, face unprecedented regulatory scrutiny and financial instability. Here are ways to strengthen investment strategies at a critical time using an OCIO model.
-
Article 10 mins
Unlock the Potential of Alternative Investments with an Outsourced Chief Investment Officer
Avoid limiting a portfolio’s capacity based on the capabilities or bandwidth of an existing process by working with the right partner.
-
Article 10 mins
How Captive Insurance Supports the Energy Transition
The rapid growth of renewables demands innovative risk solutions. Captive insurance offers a strategic, flexible approach to managing evolving risks — helping energy leaders navigate volatility, optimize capital and unlock new opportunities in the transition to sustainable power.
-
Article 8 mins
An Insurer Roadmap for Navigating the Energy Transition
The energy landscape is rapidly changing, presenting the re/insurance industry a unique opportunity to facilitate the transition to a sustainable economic model.
-
Article 11 mins
De-Risking M&A in Financial Institutions: Strategies for Smarter Deals in Uncertain Markets
Against a backdrop of unsettled global markets, financial institutions can still capitalize on M&A opportunities by refining strategies and retaining focus on long-term ambitions.
-
Article 9 mins
Unlocking Mass Timber: Strategies for Risk and Insurance
Mass timber construction is gaining traction for its sustainability and efficiency, yet it brings distinct insurance and risk management challenges that require industry collaboration and proactive strategies.
-
Article 12 mins
Total Rewards Strategies That Drive Business Outcomes
As business demands grow more complex, employers must offer a total rewards package that balances the varied needs of the workforce with financial sustainability. Explore ways to ensure an effective total rewards program with data and timely communications.
-
Article 6 mins
Building Resilience for Another Active Atlantic Hurricane Season
Forecasters predict another above-average North Atlantic hurricane season. Businesses should use their saved premium dollars to strengthen their hurricane-prone properties and workforce, and treat risk management as a strategic asset.
-
Article 9 mins
How Risk Capital can Enhance Cargo Risk Management Amid Global Trade Challenges
The global marine cargo market faces many risks, ranging from shipping delays to geopolitical tensions. These challenges can be mitigated through a risk capital approach, which uses strategic capital allocation and data-driven insights.
-
Article 8 mins
Securing the Load: Strategies to Manage Complex Project Cargo Risks in the Construction Industry
Ensuring the safe delivery of construction materials along shifting trade channels is no simple endeavor. Learn how specialized insurance and risk management can support the transportation of construction cargo and help ensure project success.
-
Article 9 mins
Risk Capital Solutions in Life Sciences: How to Find Cost Efficiencies and Manage Volatility
Industry shifts and innovations are creating both new opportunities and challenges for life sciences organizations. Optimizing risk capital can enable business leaders to uncover cost efficiencies, strengthen resilience and enhance control.
-
Article 13 mins
Navigating Cargo Transportation Challenges in the Food, Agribusiness and Beverage Industry
The FAB industry faces significant supply chain challenges requiring innovative solutions and strategic planning. As organizations work to optimize capital and manage costs, they must also address geopolitical risks and regulatory updates.
-
Article 11 mins
Directors & Officers in the Digital Age: Managing New Technological Risks Across APAC
With rapid technological advancements, directors and officers face increasing liabilities. Proactive risk management and board oversight can ensure organizational resilience.
-
Article 10 mins
5 Ways to Position Risk Capital as a Value Driver
In today's uncertain economic climate, finance leaders must innovate beyond traditional financial metrics, managing risk capital through targeted risk strategies, holistic capital approaches and proactive stances toward emerging threats.
-
Article 6 mins
Taking a Data-Led Approach to Job Architecture to Accelerate Pay Transparency
With looming deadlines on pay transparency regulations, establishing an effective job architecture is foundational to compliance and preparation. We explore how a data-led approach can speed the process while maintaining objectivity.
-
Report 13 mins
Trade Issues Confront Global Businesses on Multiple Fronts
Global business leaders highlight risks linked to trade as some of their top concerns — both physical and financial. While the topic is complex and broad, there are opportunities that business leaders can pursue to stay ahead of emerging trade dynamics.
-
Article 5 mins
Parametric: A Complement to Traditional Property Coverage
As property underwriters become increasingly concerned and cautious with catastrophe-prone risks, buyers are turning to alternative property solutions, including parametric, to fill protection gaps in their programs.
-
Article 6 mins
3 Rules to Help Elevate Your Business Continuity Strategy
Half of the world’s top economic loss events impacted the U.S. in 2024. As natural catastrophes continue to grow in frequency and severity, enhancing a business continuity strategy helps ensure organizations are prepared for the unexpected.
-
Article 12 mins
A Targeted Strategy to Mitigate Rising U.S. Health Costs
While medical and pharmacy expenses continue to consume benefit budgets, employers can adopt effective cost-saving strategies that combine predictive analytics with innovative solutions to help control healthcare spend over a multi-year period.
-
Article 8 mins
Using Climate Data to Protect Employee Health
Employers are increasingly looking to defend the health and safety of their employees in a changing climate. By modeling the impact of weather on employees like they do for physical risks, employers can proactively establish solutions to protect workers.
-
Article 7 mins
Why Organizations Need a Robust Directors and Officers Risk Program
A variety of growing risks, including shareholder derivative actions, an evolving regulatory environment and bankruptcy filings, are why public and private organizations must protect their corporate directors and officers.
-
Article 15 mins
Navigating Cyber Risks in EMEA: Key Insights for 2025
Organizations in EMEA face unprecedented challenges as cyber threats become more sophisticated. In the face of emerging AI, evolving regulations and geopolitical tensions, businesses should strengthen their resilience to better navigate the complexities of the digital age.
-
Article 6 mins
Outsourced Chief Investment Officer: The Key to Navigating Volatility
In a volatile climate, institutional investors are turning to outsourced chief investment officers to conquer administrative, regulatory and market challenges.
-
Article 6 mins
Understanding the Financial Landscape of Wind Energy
Investment in both onshore and offshore wind power is key to not only energy security, but also wider social and economic benefits through the creation of jobs and investments in local communities around the world.
-
Article 8 mins
The CFO Roadmap: Expanding Success Beyond Financial Metrics
In today's intricate business environment, growth is expanding to include more than financial success. By understanding how to fund, shape and secure growth, organizations can build resilience and drive long-term value.
-
Article 6 mins
AI Innovations in Renewable Energy: Transforming the Sector
AI in the renewable energy sector is revolutionizing how we produce, manage and consume energy. As AI continues to evolve, industry leaders must find innovative ways to harness its full potential.
-
Article 8 mins
Cyber and E&O Market Conditions Remain Favorable Amid Emerging Global Risks
Despite higher claims frequency, the cyber and tech E&O markets remain in a favorable pricing and well-capitalized environment. However, buyers must remain vigilant and manage a variety of current and emerging cyber risks and threat actor attack methods.
-
Article 4 mins
5 Steps for Successful Carbon Accounting Verification
Organizations can demonstrate their commitment to global sustainability and a low-carbon future by addressing verification challenges and adopting best practices.
-
Article 15 mins
Management Liability Insurance Market in 2025: Stability Amid Evolving Risks
Market stability prevails in management liability lines as insurers continue to seek market share. However, expanding technologies, increased litigation and macroeconomic factors are causing growing uncertainty and underwriting concerns.
-
Article 7 mins
A Comprehensive Approach to Financial Wellbeing
There is an opportunity to develop a strategy around financial education in the workplace. Globally, our latest data finds 11 percent of employees receive financial education from their employer, but 37 percent expect it. How can employers bridge this gap?
-
Article 12 mins
Why Pay Equity Should Be Every Food, Agribusiness and Beverage Leader’s Priority
With growing global regulations and rising stakeholder and talent expectations, pay equity has shifted from a mere HR initiative to a top C-suite priority that goes beyond compliance.
-
Article 7 mins
How Technology is Transforming Open Enrollment in the U.S.
A well-structured open enrollment process is one that leverages innovative technology, encourages cost-effective use of healthcare resources and reduces unnecessary spending — benefiting both employees and employers.
-
Article 3 mins
Risk Analyzer Suite
Aon’s Risk Analyzer Suite delivers quantitative analytics, improved risk insights and supports operational efficiency.
-
Article 15 mins
2025 Life Sciences Outlook: Building Preparedness to Mitigate Risks and Capture Human Capital Opportunities
After a period of significant volatility, a more optimistic outlook is on the horizon for the life sciences industry in 2025. With the right level of preparedness, firms can take full advantage of the potential opportunities the new year will bring.
-
Article 6 mins
Decarbonizing Construction for a Low-Emission Future
Decarbonizing construction demands new materials and approaches, with a focus on managing risk and securing capital. By aligning sustainability with business strategy and risk management, the industry can meet net-zero targets.
-
Article 8 mins
Employer Strategies for Cancer Prevention and Treatment
Nearly 20 million people get cancer each year,<sup>1</sup> and the impact is far-reaching — from those diagnosed to their loved ones and colleagues. When developing a meaningful cancer prevention strategy, employers must show empathy and compassion while managing rising costs.
-
Alert 14 mins
L.A. Wildfires Highlight Urgent Need for Employee Support and Business Resilience
In the face of the L.A. wildfires, impacted businesses’ top priority is their people. A three-phased approach can help build business resilience and mitigate the effects of future events.
-
Article 23 mins
The AI Data Center Boom: Strategies for Sustainable Growth and Risk Management
Rapid growth in data center construction, spurred by AI advancements and cloud demand, creates interconnected risks for developers. However, with effective risk management solutions, navigating this dynamic market while prioritizing sustainability is possible.
-
Article 8 mins
Mitigating Volatility and Maximizing Profits: A Guide to Risk Capital in the Food, Agribusiness and Beverage Industry
In an industry with tight operating margins, FAB organizations face significant challenges in managing spend and protecting their financial health — requiring industry leaders to adopt a sophisticated approach to risk capital optimization.
-
Article 15 mins
5 Top Trends for Risk Capital in 2025
The risk capital landscape is poised for change, driven by emerging trends reshaping market dynamics. With a buyer-friendly market currently prevailing across most lines, opportunities abound for strategic investment and risk management.
-
Article 9 mins
3 Strategies to Help Avoid Workers Compensation Claims Litigation
When a workers compensation claim goes to litigation, expenses rise dramatically — a burden that is often shouldered by the business. To mitigate attorney-related costs, organizations should re-think their approach to engaging injured workers and use artificial intelligence to enhance outcomes.
-
Article 35 mins
5 Human Resources Trends to Watch in 2025
Human resources is increasingly involved in all areas of a company’s strategy. As the workforce changes, HR leaders should identify and leverage these five important and evolving trends.
-
Article 6 mins
The Long-Term Care Conundrum in the United States
Long-term care is expensive, and costs are rising due to shortages. With the population aging at the fastest rate in a century, finding solutions to pay for care is an urgent priority. How can employers support this growing population?
-
Article 7 mins
Improving Benefit Communication for a Multi-Generational U.S. Workforce
With a multi-generational and diverse workforce, it is important for employers to develop benefit communications and engagement strategies to help employees understand their unique benefit options. Here are five useful tips to consider.
-
Article 13 mins
Medical Rate Trends and Mitigation Strategies Across the Globe
Rising medical costs are a global phenomenon. Aon’s 2025 Global Medical Trend Rate Survey found that costs are projected to rise 10 percent in 2025.
-
Article 7 mins
Key Trends in U.S. Benefits for 2025 and Beyond
As healthcare costs continue to rise, employers are trying to balance the need to take care of their workers with the need to keep costs under control. Aon’s 2025 U.S. Health Survey provides insights into the choices employers are making, and their potential effects on costs.
-
Article 9 mins
Pension Reform: Navigating the Future of Retirement
Pension reforms in Europe are reshaping retirement planning, demanding more oversight from employers and new strategies for employees’ financial wellbeing.
-
Article 6 mins
Managing Non-Financial Risks to Build Organizational Resilience in the Financial Institutions Industry
Non-financial risks are often difficult to predict and quantify, yet present a real threat to financial institutions. In this volatile environment, risk management is playing a greater role in creating business resilience and identifying where capital should be deployed.
-
Article 9 mins
Ensuring Operational Stability Post-Spin-Off: A Conversation with Daniel Halter from Sandoz
Daniel Halter, Director Global Insurance at Sandoz, discusses how smart risk and insurance management supported the Sandoz core mission to provide affordable, off-patent medicines to patients who need them most with Ana Serdarevic, Head of Aon’s Transaction Advisory Services for DACH.
-
Article 7 mins
How to Navigate AI-Driven Cyber Risks
Business leaders are aware of AI-driven cyber risks and their implications. But understanding changing risk profiles to make better decisions around the management of new exposures is the key to cyber resilience.
-
Article 8 mins
U.S. Rail Sectors Work to Mitigate Capacity and Pricing Risk Issues
U.S. freight and commuter rail industries are facing excess liability and property issues for different reasons. These railroads are critical to infrastructure and vital to the economy, yet finding effective solutions remains complex.
-
Article 11 mins
D&O Risks and Considerations for Businesses Planning an IPO
As private companies prepare for an IPO, they face increased risks that require directors and key leaders to adopt essential risk management strategies to ensure a smooth transition.
-
Article 10 mins
How Public Entities and Businesses Can Use Parametric for Emergency Funding
As climate change intensifies the frequency and severity of extreme weather events, public entities and businesses need more flexible funding solutions. Parametric stands out as an adaptable resource capable of swiftly responding to potential disasters.
-
Article 17 mins
How Insurance Helps Unlock Capital for Hydrogen Projects Amid Financing Pressures
Funding challenges due to macroeconomic factors have prevented several green and blue hydrogen projects from getting off the ground. Organizations facing hurdles in accessing capital can work with risk and insurance experts to expedite projects and help make the promise of hydrogen a reality.
-
Article 11 mins
Strengthening Human Capital Strategies to Attract Talent in the Food, Agribusiness and Beverage Industry
Learn how strong human capital strategies can help recruit, retain and motivate vital talent in a competitive and evolving job market.
-
Article 7 mins
Trends U.S. Corporate Boards Should Prepare for in 2025
As corporate boards meet to discuss strategy, including any changes to executive compensation, there are key trends to consider for the year ahead.
-
Article 6 mins
Leading the Biofuels Transition: Risk Strategies to Cut Through Complexity
Companies aiming to be a net-zero company may face many challenges during the biofuels transition. Read more on risk strategies to cut through complexity.
-
Article 6 mins
DC Pension Schemes: Improving Investment Returns
With DC schemes growing across Europe, many organizations are realizing the importance of ensuring strong performance from their investments. Here’s how asset owners and managers can optimize DC outcomes through the right investment strategy.
-
Article 9 mins
Developing a Paid Leave Strategy That Supports Workers and Their Families
With no federal paid leave law in the U.S., employers have limited guidance in designing equitable and comprehensive paid leave programs to support their workforce. Looking beyond compliance to focus on strategy and values will help create fair and well-designed policies.
-
Article 8 mins
2025 Salary Increase Planning Tips
Amid economic uncertainty, companies are taking a careful approach to hiring and salary planning — one that includes focused hiring strategies, revising salary budgets and implementing measures that respond to the current economic environment.
-
Article 8 mins
Florida Hurricanes Not Expected to Adversely Affect Property Market
Hurricanes Helene and Milton insured loss estimates are expected to fall between $34 billion and $54 billion. Healthy, well-capitalized insurance and reinsurance markets are positioned to absorb those losses.
-
Article 17 mins
Q3 2024: Global Insurance Market Overview
Buyer-friendly conditions continued across much of the global insurance market in Q3, painting a largely positive picture as we head into year-end renewals.
-
Article 10 mins
Why It’s Key to Conduct Cyber Due Diligence in Financial Services During Mergers and Acquisitions
A successful M&A strategy relies on due diligence across financial, legal, human capital, technology, cyber security and intellectual property risks. As cyber threats become more complex, robust cyber due diligence in private equity and acquisitions is increasingly necessary.
-