Latest Aon Headlines
All the headlines from our Aon Topic Page, ordered by recency.
Aon To Move Corporate Headquarters to London
Jan 13 2012 // Global insurance broker, risk management and human resource consulting firm Aon Corp. announced that it will move its corporate headquarters from Delaware to London. The company said the move is as “an important...
Aon Benfield 2011 Catastrophe Study: $107 Bn Insured Losses; $435 Bn Economic
Jan 10 2012 // Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corp, has issued its “Annual Global Climate and Catastrophe Report,” which aggregates and analyses the natural disaster perils that...
Aon Wins Preliminary Injunction in Lawsuit
Jan 9 2012 // Late last month, a New York court granted Aon Risk Services Northeast a preliminary injunction involving its former executive. The Supreme Court of the State of New York said it is temporarily barring Michael Cusack (the...
Aon Wins Preliminary Injunction Against Former Exec, Now at Alliant
Dec 28 2011 // A New York court granted Aon Risk Services Northeast a preliminary injunction involving its former executive. Last week, the Supreme Court of the State of New York said it is temporarily barring Michael Cusack, the former...
Aon to Pay $16.2 Million to Settle Bribery Charges
Dec 21 2011 // Insurance brokerage firm Aon Corp. will pay $16.2 million to settle criminal and civil charges that it paid bribes to foreign government officials over more than two decades, the U.S. government said on Tuesday. Under a...
Business Moves
Dec 16 2011 // Confie Seguros, Auto Insurance Discounters Confie Seguros, a national provider of insurance with an emphasis on serving Hispanic consumers, has expanded its operations in Texas with the acquisition of Auto Insurance...
Aon Benfield Report Analyzes Financial Impact of Catastrophes on Reinsurers
Dec 8 2011 // The Aon Benfield Analytics’ Market Analysis team has published the latest edition of its Aon Benfield Aggregate (ABA) report, which assesses the financial performance of 28 of the world’s leading reinsurers in...
Aon Benfield Monthly Cat Report: Thai, Europe Floods Costly for Insurers
Dec 7 2011 // Aon Benfield’s Monthly Cat Recap report, which reviews the natural disaster perils that occurred worldwide during November, concludes that insured losses in Thailand could top $10 billion, while floods in Europe will...
Parker Named to Head P/C Specialty at Aon’s Global Brokerage Center
Dec 5 2011 // Aon Risk Solutions, the risk management business of Aon Corp, announced the appointment of Mark R. Parker to the position of Director in Aon’s London Global Broking Center’s, International Property and Casualty...
Sciemus Appoints Former Aon Exec Mahoney as Chairman
Dec 5 2011 // London-based Sciemus, an analytics and modeling company that services the insurance and financial markets, announced the appointment of insurance industry veteran Dennis Mahoney as Chairman of the company. The bulletin...
Aon Benfield Reports China Reinsurance Premiums up 70% since 2005
Dec 5 2011 // Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corp., has launched its China Property & Casualty Insurance and Reinsurance Market Report, which,” it said “reveals the...
People
Dec 5 2011 // New York-based Alleghany Corp., which announced its deal to acquire reinsurer Transatlantic in November, appointed Joseph Brandon as executive vice president of Alleghany and president of Alleghany Insurance Holdings. He...
Aon to Close Agency Specialty Product Network (ASPN) by Year’s End
Dec 2 2011 // Aon is closing down Agency Specialty Product Network (ASPN), a subsidiary, by the end of the year. “Aon values the long-term relationships developed with local agents and brokers and we remain committed to...
Aon Introduces Tenant Rent Default Coverage
Dec 1 2011 // Aon has partnered with QBE Insurance Group to offer a product that will reimburse U.S. landlords for lost incomes when tenants default on rent payments. “Rent default coverage has been sold overseas for years, but...
Aon, ACE Integrate London Exchange for Accounting and Settlement
Nov 17 2011 // Aon Risk Solutions, the risk management business of Aon Corp., and ACE have both announced the “successful implementation of Rüschlikon accounting and settlement standards via The Exchange.” The announcement...
Ascot Underwriting Hires Former Aon Benfield Exec in Hartford
Nov 16 2011 // Lloyd’s syndicate Ascot Underwriting appointed Dawnmarie Black as senior vice president based in Hartford, Connecticut. She will take on her new role beginning December. Black joins Ascot from facultative broker Aon...
Aon Benfield Launches Updated UK Terrorism Cat Model
Nov 15 2011 // Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corp., announced that it has updated its UK terrorism catastrophe model, which now “estimates the financial loss to life insurers from...
Aon’s Study of Airline Insurance Industry Finds Divergent Trends
Nov 9 2011 // Aon Risk Solutions, the risk management business of Aon Corp., has released the latest edition of its aviation data report –”Airline Insurance Market Indicators 2011/12,” which concludes that “as the...
Aon Appoints Manwaring to Lead Legal Indemnity Practice
Nov 7 2011 // Aon Risk Solutions, the risk management business of Aon Corp, announced the appointment of Mark Manwaring as client director responsible for leading Aon’s national legal indemnity practice, with immediate effect. He...
Home Insurance Rates Do Not Reflect Cost of Risk: Aon Benfield
Nov 7 2011 // U.S. insurers’ prospective after-tax return on equity for homeowners’ insurance is 4.8 percent on average, a decrease from the 6.9 percent of 2010, mainly due to subdued investment returns and higher estimates...
