Latest Aon Headlines
All the headlines from our Aon Topic Page, ordered by recency.
Aon UK Launches Free ‘Insurance Health Check’ for SME’s
Apr 7 2009 // Aon’s London office announced the launch of a free and impartial advisory service to small and medium-sized businesses (SME’s] to ensure their insurance programs are equipped for the risks of today’s...
Aon Survey Finds Aerospace Insurance Market Approached Parity in 2008
Mar 25 2009 // Aon’s newly launched “Aerospace Insurance Market Outlook 2009” initially determined that the “average lead premium in the aerospace insurance market continued to decline during 2008, but...
Aon Launches Cost Reduction Initiative
Mar 6 2009 // Aon’s London office announced that “as global companies demand ‘quick wins’ in the face of capital constraints and expected insurance premium increases,” its Global Risk Consulting unit is...
Heath to Lead Aon’s Risk Control Team for UK Corporations
Mar 3 2009 // Aon Global Risk Consulting has appointed Graham Heath as director of Risk Control UK. In this role, Graham will help UK corporate clients to improve their business performance through effective management of their...
Marsh Sees Growth in 2009 Boosted by Acquisitions
Feb 12 2009 // Marsh & McLennan Cos Inc , the No. 2 global insurance broker, reported better-than-expected fourth-quarter earnings, helped by lower costs, and forecast higher profits in 2009, sending its shares up 16 percent. The...
Aon Hit With Q4 Benfield Merger Costs But Broker Commissions Grow Slightly
Feb 6 2009 // Aon Corp., the largest global insurance brokerage by assets, reported that net income fell 95 percent in the fourth quarter as it incurred costs related to restructuring and its merger with Benfield Group. Net income was...
Aon Construction Services Group Adds Senior Leaders to Residential Practice
Jan 28 2009 // Aon Corp. has appointed Mike Szot and George Dale managing directors of Aon’s Construction Services Group’s residential practice in Los Angeles. These senior-level additions have been made in response to the...
Aon Insurer Survey Confirms Desire to Increase UK Commercial Premiums
Jan 28 2009 // According to the Aon’s newly launched “Market Pulse,” underwriters expect motor [auto] insurance premiums for UK companies to increase in the first quarter of 2009. Aon said its new quarterly index...
Aon: Economic Crisis Heightens Political Risk
Jan 28 2009 // 2009 will see the political consequences of the global credit crunch start to have an impact, according to the 16th annual Political Risk Map, launched today by Aon Risk Services, a division of Aon Corporation. In a global...
School Picks Aon Chief as Insurance Leader of the Year
Jan 27 2009 // Aon Corp. President and Chief Executive Officer Gregory C. Case has been named “2008 Insurance Leader of the Year” by St. John’s University School of Risk Management. Case accepted the award during a...
Madoff Scandal to Cost Insurers $1.8 Billion, Aon Benfield Estimates
Jan 25 2009 // While the maximum potential exposed insurance limits resulting from the alleged Bernard Madoff Ponzi scheme are estimated to be above $6 billion, the range of direct insured losses will be a far smaller number, most likely...
Aon UK Survey Finds ‘Risk Ignorance’ to be Greatest 2009 Challenge
Jan 16 2009 // 70 percent of UK risk managers have declared that making sure the employees in their organization are risk savvy is their biggest challenge in light of new pitfalls according to research conducted by Aon. “The risks...
Madoff Scandal to Cost Insurers $1.8 Billion, Aon Benfield Says
Jan 15 2009 // While the maximum potential exposed insurance limits resulting from the alleged Bernard Madoff Ponzi scheme are estimated to be above $6 billion, the range of direct insured losses will be a far smaller number, most likely...
Aon Consulting Hires Global Benefits Practice Leader for Americas Team
Jan 13 2009 // Aon Consulting Worldwide, the global human capital consulting organization of Aon Corp., announced that Francois Choquette has joined the Global Benefits practice as senior vice president and leader of the Americas team,...
UK’s FSA Fines Aon $8 Million for Bribery, Corruption Control ‘Failings’
Jan 9 2009 // The UK’s Financial Services Authority has levied a £5.25 million ($8 million) fine against Aon Limited, the broker’s UK operations, “for failing to take reasonable care to establish and maintain...
Reinsurance Renewals Are Firming, Concludes Aon Benfield Report
Jan 9 2009 // Global reinsurance prices firmed for Jan. 1, 2009 renewals and are expected to remain firm for the April through July 2009 renewals, according to the January 2009 “Reinsurance Market Outlook” issued by...
Aon Consulting Adds Oshima as Sr. VP in Irvine Office
Jan 9 2009 // Aon Consulting Worldwide, the global human capital consulting organization of Aon Corp. announced that Mark Oshima has joined the Irvine, Calif., office as senior vice president within the Corporate Transactions...
Aon Completes Sale of Auto Insurance Specialists to Mercury General
Jan 7 2009 // Chicago-based insurance broker Aon Corp. has completed the sale of AIS Management, LLC, which is the parent company of Auto Insurance Specialists, LLC, to Mercury General Corp. Aon said it received $120 million in cash at...
Aon, Euler Hermes Launch Insurance Credit Service for SME’s
Jan 6 2009 // A bulletin from Aon’s London office notes that “with insolvencies set to increase in 2009, some 20 percent more of SMEs have turned to credit insurance this year to protect their balance sheet than in...
Study: California Earthquake Would Accelerate US Mortgage Meltdown
Jan 6 2009 // In light of current economic conditions, a major catastrophe such as an earthquake in California would bring new misery to both U.S. and international financiers, according to an analysis released by Impact Forecasting...
