Blackstone and Aon Launch Cortina, an Insurer for Insurers
· 1 sources
Stock Titan reports Blackstone and Aon launched Cortina, with a dividend for participating Aon clients and underwriting expected to begin Jan. 1, 2027.
What happened
Stock Titan reports that Blackstone and Aon have launched a new insurer designed to serve other insurers. The venture is called Cortina.
According to Stock Titan, participating Aon clients will receive a dividend linked to Cortina's share of their programs. Underwriting is expected to start on Jan. 1, 2027.
The start of underwriting remains subject to final approval from Lloyd's, per the same report.
Context
Aon is a global professional services firm that advises on risk and insurance, while Blackstone is a large alternative asset manager.
Why it matters
The launch shows Blackstone and Aon working together in the insurance space, which may be of interest to those following either company.
Stocks in this story
Price changes are shown for the trading day of the story and are a coincidence in time, not proof that the news caused them. Figures are ATLAS data from our database.
$136.70Fair range: $123.03 to $150.37The price ($120.68) is 11.7% below that figure.
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49%Probability of closing higher than today within 21 sessions.Normal range: half of the scenarios end between $111.33 and $130.11; 9 in 10, between $96.97 and $149.38.
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