Latest Aon Headlines

All the headlines from our Aon Topic Page, ordered by recency.

Aon Calls for New Supply Dynamic in Global Food Sector

Oct 8 2008 // Aon has called for a “new supply dynamic in the food and beverage industry, one that is set within a more robust, productive and sustainable framework,” said a bulletin issued from the broker’s London...

Three New Surety Team Executives Join Marsh from Aon

Sep 29 2008 // Marsh announced that three new executives – Steve Powney, Steven Lewis and Tricia Burgess – have all joined its International Surety Practice from Aon’s Surety and Guarantee team. Powney will lead the...

Aon Study Concludes Airline Insurance Market ‘Hardening’

Sep 25 2008 // A bulletin from Aon’s London office concludes that the airline insurance market “is hardening for the first time in five years, with a five percent increase in lead hull and liability premium between January...

Aon Comments on EU Court Decision Limiting Age Discrimination Claims

Sep 24 2008 // In a bulletin from its London Office, Aon Consulting notes that an “Advocate-General at the European Court of Justice today rejected Age Concern’s claim that forcing people to retire at or after 65 without...

Aon, Inmarsat in Space Partnership

Sep 19 2008 // In the face of rising space insurance premiums (up at least 15 percent), Aon announced that it has “worked with Inmarsat to maintain pre-increase pricing for the successful launch of its I-4F3 satellite on board a...

Aon Warns ‘Poor Packaging’ in Fashion Industry Could Affect Claims

Sep 18 2008 // “Poor packaging by the fashion industry could mean that insurers refuse to pay claims for damaged goods in transit – not to mention that replacement clothing and accessories are unlikely to be delivered in time...

Rendezvous Roundup: Guy Carpenter; Aon Global Re; Munich Re

Sep 8 2008 // The Annual Reinsurance Rendezvous in Monte Carlo convened this weekend amid concerns over the ongoing credit crisis, the softening of the market and the onslaught of storms in the Caribbean. The current climate for the...

Aon Specie Comments on New Players in London Market

Sep 3 2008 // New players in London’s specialized cash in transit (CIT) coverage market could lower the premiums paid by Global security firms by “up to 20 percent” according to a bulletin from Aon’s fine art...

Mildenhall Joins Aon’s Construction Services Group; to Head Phoenix

Sep 3 2008 // Aon Corporation announced that Karen Mildenhall has joined the firm as executive vice president of Aon Construction Services Group. In addition to her responsibilities with the construction team, Mildenhall assumes...

Marsh Denies Planning Bid for Benfield to Counter Aon

Sep 2 2008 // Marsh & McLennan Cos. Inc. , the world’s largest insurance brokerage by market value, is not planning to make a counterbid for U.K.-listed reinsurance broker Benfield Group Ltd, a Marsh spokeswoman said...

Business Moves

Sep 1 2008 // Aon, Benfield Chicago-based Aon Corp. is acquiring UK-based broker Benfield Group Limited for about $1.75 billion. The price includes $6.55 (£3.50) per share in cash and assumption of $170 million (£91 million) of...

Business Moves

Sep 1 2008 // Aon Corporation, Benfield Group Chicago-based Aon Corporation and UK-based broker Benfield Group Limited reached agreement for Aon to acquire Benfield for £3.50 ($6.55) per share in cash and assume £91 million ($170...

People

Sep 1 2008 // Aon Corporation recently announced that Karen Reutter has joined Aon Construction Services Group in a newly created position of senior vice president. Based in Minneapolis, Reutter is one of a number of strategic hires...

Business Moves

Sep 1 2008 // Aon, Benfield Chicago-based Aon Corp. is acquiring UK-based broker Benfield Group Limited for about $1.75 billion. The price includes $6.55 (£3.50) per share in cash and the assumption of $170 million (£91...

Aon Risk Services of the West Appoints Davis to Senior Management Team

Aug 28 2008 // Aon Risk Services of the West has appointed Julie Davis to its senior management team in the technology practice to strengthen its San Francisco/Bay area team. In her new role, Davis will be tasked with building on client...

S&P Places Aon on CreditWatch/Negative

Aug 25 2008 // Standard & Poor’s Ratings Services has placed its ‘BBB+’ counterparty credit rating on Aon Corp. on CreditWatch with negative implications, following the announcement that Aon has “signed a...

Aon to Acquire Broker Benfield for $1.75 Billion

Aug 22 2008 // Chicago-based Aon Corporation and UK-based broker Benfield Group Limited announced that their respective boards of directors have reached agreement for Aon to acquire Benfield for £3.50 ($6.55) per share in cash and...

People

Aug 21 2008 // W.R. Berkley Corp. named William M. Rohde Jr. president of Acadia Insurance Co., succeeding Bill Thornton, who now is chairman of Berkley Regional Specialty Insurance Co. Walter E. Stradley remains president of Berkley...

Aon Launches UK Extortion Consulting with Police Expert

Aug 19 2008 // Aon announced from its London office that its Crisis Management Unit has hired the former senior investigating officer for multinational extortion at the British police to head up a new extortion consulting team. The...

Simone Rejoins Aon Risk Services of Southern California

Aug 19 2008 // Aon Risk Services of Southern California, a unit of Aon Corp., announced that Philip A. Simone has joined the firm as senior vice president for Aon Risk Services. He will be based in Irvine, Calif. Simone brings more than...