Aon plc announced the launch of its life and health reinsurance practice in India to drive new capital into the sector and help shape better decisions for clients. Aon's broader Life reinsurance broking team comprises of more than 40 specialists in Asia Pacific. The new India life and health practice will leverage the team's global market relationships and product solutions to help insurers navigate complexities and capitalize on opportunities, with expertise across capital, pricing, risk analysis and technology.

The new team will help bring sustainable reinsurance capacity to India's life and health insurance sector, supporting cross border reinsurers to enter the market to facilitate insurance market growth in line with Indian Government aims. The practice will help clients in key areas, including: Better managing and optimizing capital positions; Managing inherent insurance and financial volatility; Enhancing the client experience through better product design and distribution; Improving shareholder value through higher returns on optimized capital and reduced earnings volatility. Clients of the new practice will have access to a range of dedicated tools, such as Aon's Life Risk Modelling Suite, which offers enterprise solutions for pricing, projections, valuation and hedging, using a high-performance GPU-based engine (PathWise) to deliver speed, automation and governance.