Aon Re Canada
1801 McGill College
Suite 710
Montreal, Quebec H3A 3P5

Ken Hague was a Senior Vice President of Aon Re Canada, with specific responsibility for new reinsurance products and non-traditional reinsurance coverage as well as business production and client servicing. He has done extensive work in the Resource sectors (Agriculture, Forestry, Oil and Gas) on behalf of private companies, crown corporations, and provincial governments.

  • Lower Canada College, Montreal
  • McGill, Montreal (Physics, Engineering)
  • The Management Course - Canadian Management Centre, Toronto
  • Canadian Securities Course – Canadian Securities Institute, Toronto
  • Associate in Reinsurance (AICPCU)
  • Associate in Surplus Lines Insurance (AICPCU)

  • Reinsurance of provincial governments and crown corporations
  • Structured reinsurance
  • Non-traditional covers, including weather covers
  • Agriculture reinsurance

  • April 1996, Canadian Underwriter.
  • Topic: Derivatives – Reinsurance Fundraise.
  • September 1996, Canadian Institute of Actuaries.
  • Topic: Alternatives to Traditional Reinsurance.
  • June 1999 – Royal Bank Financial Management Conference for Insurance Companies.
  • Topic: “Convergence”.
  • July 1999, Canadian Insurance.
  • Topic: Come Together: Reinsurance and Capital Markets.
  • October 2000, Government Risk Managers Meeting
  • Topic: Using Reinsurance to control wildfire costs.
  • June 2001, Credit Union Stabilization Funds of Canada Annual Meeting
  • Topic: Private Sector Reinsurance for Canada’s Credit Union Deposit Insurers.
  • July 2001, Canadian Insurance.
  • Topic: Dealing with Drought: Precipitation Shortfall Cover.
  • July 2002, Aon News
  • Topic: Birth of Aon Structured Finance
  • February 2003, Aon News
  • Topic: Reinsurance of Forest Fire Detection and Suppression Costs

Alberta Ministry of Sustainable Resource Development (2002)
In 2002, the Province of Alberta purchased insurance coverage to control the volatility in provincial expenditures for the detection and suppression of wildfires. Ken led the team that structured this coverage and successfully placed it in the global reinsurance market.

Manitoba Ministry of Finance (2000)
In 2000, the Province of Manitoba was concerned that a more severe recurrence of the 1998 Red River Flood would flood Winnipeg and put a severe strain on the province’s finances. Ken led the team that structured a coverage to insure post-flood government obligations (benefits) to the public (individuals and businesses).

Agriculture Financial Services Corp. (1997, 2001)
In 1997, AFSC decided to reinsure its multi-peril crop insurance program for the first time. Ken led the team that structured and successfully completed placement of a multi-year program in the global reinsurance market. AFSC is presently a client.

In 2001, working closely with AFSC, Ken completed placement of a $46 million precipitation cover. It was one of the first weather index deals to be completed in the crop sector, one of only a handful of covers that had been successfully concluded using a precipitation index, and one of the largest transactions of that kind ever done.


Goals for the Institute

Developing Countries:
To develop sustainable agricultural risk management programs for developing countries that result in economic stability and new sources of “risk capital” for their agriculture sectors.

Developed Countries:
To provide a training, succession planning, and “analytical research capability” environment for developed country governments and private companies engaged or expanding their work in agricultural risk management.

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Web Site Last Updated
April 15, 2010