Latest Aon Headlines
All the headlines from our Aon Topic Page, ordered by recency.
RIMS 2017: Firms Value Cyber Assets Highly Until Time for Insurance
Apr 25 2017 // Despite believing that their plant, property and equipment are now less valuable than their cyber assets, most organization spend four times more on insurance protecting their physical plants, properties and equipment than...
Aon, JLT, Marsh, UIB, Willis Investigated by UK Regulator over Aviation Broking
Apr 21 2017 // Britain’s financial watchdog is investigating five insurance brokers over information-sharing on aviation insurance, the companies said, in one of the first cases of its kind by the watchdog. Aon, Jardine Lloyd...
Aon: Insured Losses Likely to Exceed $2B from March Storms, Wildfires
Apr 17 2017 // Severe weather in March led to significant damage in the central and eastern United States, racking up more than $2 billion in insured losses, according to a report published by Impact Forecasting, Aon Benfield’s...
U.S. Weather in March to Cost Insurers More than $2 Billion: Aon
Apr 7 2017 // Four severe weather outbreaks in the U.S. throughout March led to extensive damage in the central and eastern parts of the country, costing the insurance industry in excess of US$2.0 billion, according to a report...
April 1 Renewals Saw ‘Disciplined Softening’ with Ample Capacity: Aon & Willis Re
Apr 7 2017 // With abundant capacity, aggressive capital market competition and acceptable returns for global reinsurers, it’s no wonder that the elusive bottom of soft market pricing was not evident at the April 1...
O’Halleran to Retire from Aon After 37 Years
Apr 4 2017 // Aon Benfield, the global reinsurance intermediary and capital adviser of Aon plc, has today announced that Michael O’Halleran is set to retire from the business after 37 years of service. From his founding role as...
Non-Compete Agreements and Poaching Take Spotlight in Aon – Alliant Lawsuit
Apr 3 2017 // A legal battle between two insurance brokerages over whether a former employee violated noncompete agreements and poached numerous employees is not over yet, but the brokerage bringing the charges has scored key early...
Alliant Handed Victory over Aon in 1 of 3 ‘Poaching’ Suits
Mar 30 2017 // A jury in Fresno, Calif. has ruled against Aon Corp. in yet another poaching lawsuit that involves the U.K. brokerage and rival Alliant Insurance Services. The jury rejected every claim by Aon levied against Newport Beach,...
Aon Gains Upper Hand in Non-Compete and Poaching Lawsuit vs. Alliant
Mar 22 2017 // A legal battle between two insurance brokerages over whether a former employee violated non-compete agreements and poached numerous employees is not over yet but the brokerage bringing the charges has scored key early...
Weather Events in U.S., Australia Cost Insurers $1B+ in February: Aon
Mar 9 2017 // Insurers face claims of more than US$1.0 billion as a result of severe weather events in the U.S. and Australia during February, according to a report published by Impact Forecasting, Aon Benfield’s catastrophe model...
PartnerRe Names Aon Benfield’s Cabrera as Head of Latin America
Mar 7 2017 // PartnerRe Ltd. announced that Humberto Cabrera has been appointed to the position of head of Latin America. He replaces interim head of Latin America, Salvatore Orlando, who will continue in his position of head of Middle...
Update: Blackstone to Buy Aon’s Benefits Outsourcing Unit
Feb 9 2017 // Insurance broker Aon Plc said on Friday it agreed to sell its employee benefits outsourcing business to private equity firm Blackstone Group LP for up to $4.8 billion. Blackstone will pay $4.3 billion upfront and up to an...
Severe U.S. Weather During January Cost Insurers More Than $1B: Aon
Feb 9 2017 // Major weather and flood events in the U.S. during January will cost the insurance industry more than $1 billion as tornadoes hit a 17-year high, according a report published by Impact Forecasting, Aon Benfield’s...
Aon Benfield Names Goodman as Global Head of Broking Strategies
Feb 8 2017 // Aon Benfield, the reinsurance intermediary and capital adviser of Aon plc, has appointed Jeremy Goodman as global head of Broking Strategies. Goodman begins the role with immediate effect and reports to Eric Andersen,...
Aon Plc’s Group President McGill Steps Down
Jan 26 2017 // Aon plc announced that group president, Steve McGill, is leaving the firm to explore new opportunities. Greg Case, president and CEO of Aon plc, commented: “During his decade at Aon, Steve has developed a well-earned...
Cat Bond Issuance in 2017 Could Approach Record Levels: Aon Report
Jan 25 2017 // Total catastrophe bond issuance for calendar year 2016 reached US$5.8 billion – a decrease from US$6.9 billion in 2015 – principally due to ongoing competitive re/insurance market conditions, according to an Aon...
Aon Develops Captive Program for Cyber Risk Transfer
Jan 24 2017 // Aon Global Risk Consulting, the risk consulting business of Aon plc, has launched its Cyber Captive Program, which guides companies through a series of steps to help identify, assess and quantify their cyber exposures –...
Platt Named COO of Aon Risk Solutions; Moran Is CEO of Aon Inpoint
Jan 20 2017 // Aon plc announced the appointment of James Platt as chief operating officer of Aon Risk Solutions and Michael Moran as chief executive officer of Aon Inpoint. Both roles are effective immediately. Platt will be based in...
Aon in Talks to Sell Benefits Outsourcing Division: Reuters
Jan 19 2017 // Insurance broker Aon Plc is in advanced talks to sell its employee benefits outsourcing unit to buyout firm Clayton Dubilier & Rice LLC for nearly $4.5 billion, people familiar with the matter said on Thursday. The...
Aon Launches Loss Estimating Risk Tool for Oil, Gas and Petrochemical Sectors
Jan 18 2017 // Aon Global Risk Consulting, in collaboration with TNO, a research agency, has launched the Aon Loss Estimating Risk Tool (ALERT), a new modelling tool for oil, gas and petrochemical clients. The new tool is able to model...
