Cat
What is shaking of the surface of the Earth which resulting from a sudden release of energy in the Earth's lithosphere that creates seismic waves?
Earthquake
What is Aon's proprietary, award winning Dynamic Financial Analysis Software?
ReMetrica
U.S. based credit rating agency headquartered in Oldwick, New Jersey, that focuses on the insurance industry
AM Best
Who is Gregory C. Case?
CEO of Aon
This is a table that contains for each event, the event id, the annual rate of occurrence of the event, the expected loss caused by the event, the affected exposure, and the uncertainty around the expected loss as expressed by the standard deviation of the loss.
ELT (Event Loss Table)
This type of modelling gives a range of possible outcomes with corresponding probabilities
Probabilistic Modelling
What does IFRS stands for?
International Financial Reporting Standards
What does Aon mean in Gaelic?
One
Monetary loss before the policy conditions are applied.
Ground Up Loss
This Non-Cat Loss Ratio is made up of losses which fall below the selected large loss threshold
Atrritional Loss
This is a method to measure the minimum amount of capital that an insurance company needs to support its overall business operations
Risk Based Capital
What are the Solutions does Aon offers?
Commercial Risk Solutions, Reinsurance Solutions, Retirement Solution, Health Solutions, Data and Analytics Services
What does CRESTA stands for?
Catastrophe Risk Evaluation and Standardizing Target Accumulations
Another volatility measure other than Standard Deviation
Coefficient of Variation - Standard Deviation divided by the mean
This ratio is a measure of an insurer's financial strength and ability to meet ongoing obligations to policyholders. Often expressed as the percentage of a insurer’s capital to its risk-weighted assets.
Capital Adequacy Ratio
How many colleagues Aon has based on it's website?
50,000
True or False.
Meteotsunami is a tsunami caused by Meteor
False.
A meteotsunami is similar to a regular tsunami, but the waves are created by air-pressure disturbances from storm action rather than seismic earthquake activity
X=e^(μ+σZ) refers to which Distribution?
LogNormal
Describe 1 company which has A++ Rating from A.M. Best
Berkshire Hathaway Specialty Ins
General Reinsurance
Tokio Marine
Chubb Bermuda Insurance Ltd.
National Indemnity Company
Chubb Tempest Reinsurance Ltd
Samsung Fire & Marine Ins. Co. Ltd
What's the price of Aon Share today?
USD 197.01