Aon Leads Captive Managers

Aon Leads Captive Managers: "Managing 1,269 of the world's 5,211 captives, Aon Global Insurance Managers, the captive management arm of Aon Global Risk Consulting, continues to lead the captive arena with a market share of 24 percent, as published in the March 8 Business Insurance Captive Spotlight Report.

Aon finished well ahead of Marsh and Willis, with 1,120 and 298 captives, respectively. With 42 Protected Cell Companies, AGIM is ranked as the leading PCC manager, followed by Marsh with 40 and HSBC and Willis with 22 PCCs each.

'The Business Insurance survey demonstrates that AGIM continues to be the market leader in the captive arena,' said Clive James, group managing director of AGIM. 'Despite the slowdown in growth of new captives, AGIM has produced over 50 captives and leads the way in cell captive formations through its innovative solutions to risk financing.'

AGIM manages insurance vehicles in more than 30 locations worldwide, generating total premiums of more than $19 billion per year through managed insurance vehicles with total assets in excess of $50 billion."

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