Latest Aon Headlines
All the headlines from our Aon Topic Page, ordered by recency.
Aon Inks Definitive Agreement to Sell Cambridge Integrated Services to Scandent Group
Oct 5 2004 // Aon Corp. has signed a definitive agreement to sell its claims administration business, Cambridge Integrated Services Group Inc., to Scandent Group. Aon will retain a minority financial interest. Terms of the sale were not...
Willis Staffs Denver Office
Oct 5 2004 // Willis Group Holdings, the global insurance broker, announced that David C. Benson has joined Willis as executive vice president and office leader for its Denver office. Benson, who brings 18 years of insurance industry...
Aon Begins CEO Succession Plans
Sep 30 2004 // Aon Corp. announced that the company is implementing its management succession plan and has begun a search for a new president and chief executive officer. Patrick Ryan, 67, will continue to serve as CEO until a successor...
ri3k Concludes Integration Accord with Aon
Sep 30 2004 // London-based, ri3k, the global reinsurance infrastructure, announced that it has successfully completed an ACORD certified business integration with the ConCert production system of the UK division of international...
Aon May Sell Back-Office Unit
Sep 27 2004 // Chicago-based brokerage giant Aon Corp. may sell a majority of its back-office unit to Singapore-based Scandent for $100 million, according to Reuters. Scandent, which owns software, consulting and back-office services...
2004 Aon Resource Fair Provides Networking Opportunity, Industry Outlook
Aug 23 2004 // From swapping business cards and ideas to sitting in on panel discussions, attendees at the 2004 Aon Resource Fair in Banff, Alberta, Canada consumed a lot of information in just three days in July. At a panel discussion...
Aon, CSC Ink $600 Million IT Outsourcing Deal
Jul 22 2004 // California-based Computer Sciences Corporation has signed a seven-year contract worth approximately $600 million to provide Chicago-based Aon Corporation’s U.S. operations with information technology (IT)...
Aon’s Scarborough Partners with CNA to Offer P/C Coverage to Financial Institutions
Jun 23 2004 // scarborough, a subsidiary of Aon Corp., announced that it has established a “new business relationship with CNA, one of the nation’s leading business insurers, to offer property and casualty insurance to...
Aon Study Finds 2003 P/C Earnings Volatility Lower
Jun 21 2004 // Aon Corporation announced that the results of its 2003 P/C Earnings Volatility Study showed that insurers and reinsurers were more effective at minimizing earnings volatility in 2003. “The study measures earnings...
Akzo’s Nobilas to Acquire Aon’s UK Auto Repair Unit
Jun 1 2004 // The Netherlands’ Akzo Nobel announced that its Nobilas Claims & Fleet solutions business has agreed to acquire the UK-based Aon Motor Accident Management company (AMAM), which it described as “the number...
Aon to Outsource Most U.S. IT Infrastructure to CSC
May 25 2004 // Aon Corp. and California-based Computer Sciences Corp. (CSC) announced that they have agreed to negotiate the outsourcing of the majority of Aon’s U.S. information technology (IT) infrastructure. The transition to...
Insurers Prepare for a Post-TRIA World; ‘Baby Steps’ Toward Federal Regulation
May 17 2004 // Property/casualty insurers are coming to grips with the fact that a government-sponsored terrorism insurance backstop could expire at the end of next year, which would send pricing shockwaves through the market. Carriers...
Best Announces Ratings Actions on Aon Subsidiaries
May 12 2004 // A.M. Best Co. has taken a number of rating actions concerning several subsidiaries of Aon Corp. It affirmed the financial strength ratings of “A” (Excellent) of Aon’s life/health operations–Combined...
Aon’s P/C Operations Downgraded
May 12 2004 // Insurer ratings agency A.M. Best Co. has affirmed the financial strength ratings of “A” (Excellent) of Chicago-based Aon Corp.’s life/health operations—Combined Insurance Company of America (CICA) and...
N.Y. Attorney General Spitzer Targets Insurance Broker Compensation Agreements
Apr 23 2004 // Marsh& McLennan, Willis Group and Aon Corporation have confirmed that they have received subpoenas from New York Attorney General Eliot Spitzer. The subpoenas are seeking information as part of a preliminary inquiry...
Aon Reports US Commercial Property Rates Drop 10%
Apr 20 2004 // A study by Aon, released to coincide with the RIMS conference in San Diego, has determined that an average reduction of around 10 percent has occurred in U.S. Commercial property rates. Willis and the CIAB also issued...
Aon Acquires RiskLabs
Mar 24 2004 // Chicago-based brokerage giant Aon Corp. has purchased Risk Laboratories LLC from American Home Assurance Co. Founded in 1994 and based in Atlanta, Ga., RiskLabs provides risk information services and analytics to corporate...
Aon to Push Middle-Market Captives
Mar 11 2004 // Chicago-based brokerage giant Aon Corp. has formed Aon Alternative Risk Underwriting (ARU), a managing general underwriter that provides group captive solutions for middle-market U.S. companies. Working through independent...
Aon Creates New Practice for Public Entities Consulting
Mar 10 2004 // Aon announced the creation of a State and Local Government (SALG) consulting practice. The SALG practice will offer employee benefits and human capital consulting solutions and services to a wide variety of public sector...
Aon/Albert G. Ruben Releases Global Risks in Filmmaking Map
Feb 19 2004 // Aon/Albert G. Ruben, an insurance broker for the entertainment industry, released its Global Risks in Filmmaking map that measures major risks, including crime, organized crime and corruption, kidnap and ransom, disease...
