Latest Aon Headlines
All the headlines from our Aon Topic Page, ordered by recency.
Aon’s Jenkins Appointed President of London Business Interruption Ass’n.
Oct 6 2010 // The London Business Interruption Association (LBIA) has elected Aon’s Diane Jenkins as president for 2010/11. The LBIA aims to advance knowledge on all matters relating to business interruption and runs a series of...
Schirmer Engineering Adopts Aon Name, Expands Global Reach
Oct 5 2010 // Schirmer Engineering has been rebranded Aon Fire Protection Engineering. Aon acquired the fire protection engineering, building code consulting, life safety and security consulting group in 2001. The firm currently has...
Ratings Roundup: United (Aon), Fairfax, Sirius
Oct 1 2010 // A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit ratings of “a-” of Cayman Islands-based United Insurance Company and its subsidiary, United Re (Europe)...
Aon Report Finds ‘Confidence Returning’ for Airlines
Sep 24 2010 // “Confidence is returning to the airline industry with airlines predicting a 13 percent increase in passenger numbers in 2011,” according to Aon’s “Airline Insurance Market Indicators, 2010/11...
Aon Releases 2010 Food System, Agribusiness, Beverage Industry Report
Sep 22 2010 // The claims costs connected to the recent half billion egg recall will be unprecedented and include liabilities such as business interruption and reputation damage. During the next 15 months, the U.S. Food and Drug...
Marsh Expands M&A Practice
Sep 15 2010 // Insurance broker Marsh has added five industry veterans — four from competing broker Aon — to its private equity and mergers and acquisitions practice James O’Brien, Jason Hawkins and Craig Warnke join...
Aon Announces Leadership Team for Merger with Hewitt
Sep 13 2010 // Insurance broker Aon Corp. said it has finalized a five-year employment agreement with the head of Hewitt Associates, the benefits and human resources consulting giant it agreed to purchase earlier this year. Russell P....
Aon Benfield Appoints Van Slooten to Head International Research Team
Sep 9 2010 // Aon Benfield has appointed Mike Van Slooten as head of the International Research team, which monitors and analyzes reinsurers and market trends. He will be responsible for “organizing market security and research...
S&P Rates Aon’s Debt Issue ‘BBB+’
Sep 9 2010 // Standard & Poor’s Ratings Services has assigned its ‘BBB+’ senior debt rating to Aon Corp.’s three tranches of recently priced senior debt issues. S&P said it expects that Aon will use the...
People
Sep 6 2010 // Aon Consulting has named Shelly Blackstone as vice president of business development in its Richmond, Virginia office. In her new role, Blackstone will develop new products and services clients in Central and Southern...
Aon Monthly Cat Recap Highlights Asia Floods, Atlantic Storms
Sep 3 2010 // Aon Benfield’s latest release of its Monthly Cat Recap report, which provides an analysis of global natural perils in August, reports the month was “dominated by historic floods in Pakistan destroying over 1.25...
Aon UK Warns Car Rental Companies on Upswing in ‘Crash for Cash’ Claims
Aug 26 2010 // A bulletin from Aon UK, notes that Britain’s Insurance Fraud Bureau “has claimed that “crash for cash” schemes, in which car accidents are staged in order to claim on another drivers’...
Aon Benfield Launches Monthly Insurance Linked Securities Index
Aug 20 2010 // Aon Benfield Securities, the securities and investment banking operation of Aon Benfield, announced the launch of the Aon Benfield ILS Indices, which provide a quantitative view of monthly insurance-linked securities (ILS)...
Aon Consulting Makes Two Appointments in Virginia
Aug 11 2010 // Aon Consulting has named Shelly Blackstone as vice president of business development in its Richmond, Virginia office. Additionally, Paul J. Mack has been promoted to health and benefits practice leader. In her new role,...
July’s Catastrophes Cause Widespread Losses Globally: Aon Benfield
Aug 3 2010 // Floods in Pakistan and China have taken thousands of lives and damaged hundreds of thousands of homes, according to a new report on catastrophic events in July by a reinsurance team. A European heatwave, wildfires in...
Business Moves
Aug 2 2010 // Western National, Wisconsin American Western National Insurance Group has finalized its affiliation with Wisconsin American Mutual Insurance Co. of Fond du Lac, Wis. Wisconsin American will continue to operate as a...
Business Moves
Aug 2 2010 // Markel, Aspen Holdings (FirstComp) Specialty insurer Markel Corp. has struck a deal worth at least $135 million to acquire Aspen Holdings, which sells workers’ compensation under the name FirstComp to small...
Business Moves
Aug 2 2010 // RSI International, Insurance Network Texas-based RSI International Inc. has acquired Insurance Network Corp. (INC), a managing general agency based in Dallas, Texas. Established in 1996, Insurance Network Corp. specializes...
Aon Will Begin Accepting Contingent Commissions Again
Aug 2 2010 // Giant insurance broker, Aon Corp., said it will resume taking contingent commissions from insurers where they are permitted – reversing its policy on the controversial compensation just six months after a legal...
