Aon plc News

Markets/Coverages: Aon Launches Partner Risk Insights

Aon plc, a global professional services firm, today announced the launch of Partner Risk Insights, a digital platform powered by CoverWallet, to help U.S. organizations simplify the way they manage insurance-related third-party risk. The digital platform will serve as a …

Study: Manmade Warming Increasing Drought in Western U.S.

Manmade warming has increased the prevalence and severity of concurrent drought and heat events, also termed hot droughts, across Western North America in the 20th-21st century, a new report shows. The authors of the report developed the Western North American …

Aon Forms Global Accident, Health & Life Group in Its Reinsurance Business

Aon plc has created a global Accident, Health & Life practice group in its Reinsurance Solutions business to help insurers take advantage of growth opportunities in this evolving sector. The group will be chaired by Roger Smith, who was previously …

Aon Launches Intellectual Property Liability Coverage

Aon plc has launched a new insurance product designed to cover clients’ intellectual property liability, including patents, copyrights, trademarks, trade secrets and know how. This is the latest offering in Aon’s suite of integrated IP capabilities following the recent announcement …

Aon’s Q3 2015 Net Income down 5%; 15% for 1st 9 Months

Aon plc’s third quarter and 1st 9 months 2015 Earnings report shows an overall decline in revenue and profits, compared to the same periods in 2014. Net income attributable to Aon shareholders was $295 million, or $1.04 per share, compared …

Aon Benfield Launches Canada Flood Model to Help Manage Exposures

Impact Forecasting, Aon Benfield’s catastrophe model development team, has developed a fully probabilistic flood model for Canada to help insurers and reinsurers better underwrite and manage their riverine and off-flood plain exposures. The model was developed in response to devastating …

Aon Reports $328M in Q1 Net Income, Compared to $325M in Q1 2014

Aon plc reported net income attributable to Aon shareholders of $328 million, or $1.14 per share, compared to $325 million, or $1.06 per share, for the prior year quarter. Net income per share attributable to Aon shareholders, adjusted for certain …

Windstorm Niklas Was Costliest Non-U.S. Event in Q1 2015: Impact Forecasting

Impact Forecasting, Aon Benfield’s catastrophe model development team, released the latest edition of its monthly Global Catastrophe Recap report, which reviews the natural disaster events that occurred worldwide during March 2015. The report reveals that Windstorms Mike and Niklas swept …

Aon Risk Solutions Identifies 5 Big Geopolitical Risks for 2015

Critical events of early 2015 – cheap oil and Middle East violence – will probably continue to take their toll as the year goes on, according to a new projection of geopolitical hotspots. Lower overall prices for commodities may hurt …

Aon Announces New $5 Billion Share Repurchase Program

Aon plc announced that its Board of Directors has authorized a new $5 billion share repurchase program, which is in addition to its existing share repurchase program previously authorized in April 2012. Approximately $1.1 billion of remains from that authorization, …