Source: asiainsurancereview.com

Aon, a leading global professional services firm providing a broad range of risk, retirement and health solutions, has launched an Asia Pacific Capital Advisory unit within Reinsurance Solutions to deliver a holistic approach to capital optimisation for re/insurers.

The initiative follows Aon’s launch of similar Capital Advisory units in the UK and US, whose aim is to help their re/insurer clients optimise their use of capital through forensic balance sheet analyses. Asia Pacific Capital Advisory will collaborate closely with Aon’s existing global Rating Agency and other Capital Advisory teams, across the Property & Casualty and Life & Health sectors.

Commenting on the launch of the unit, Mr Rupert Moore, CEO of Japan for Reinsurance Solutions said: “In the current environment, many Asia Pacific re/insurers are experiencing low growth, low underwriting margins and low investment income, while facing higher capital requirements due to regulatory and rating agency obligations. The goal of Capital Advisory is to help clients achieve capital efficiency either by accessing alternative or traditional capital, or through identifying opportunities that make better use of existing capital, while taking into account cost and returns. This in turn helps them to generate better returns on common equity.”