Latest Aon Headlines
All the headlines from our Aon Topic Page, ordered by recency.
Aon’s Profit Up 20%
Feb 17 2004 // Chicago-based brokerage giant Aon Corp. said its profit was up 20 percent in 2003, from $1.64 per share to $1.97 per share. Fourth-quarter net income per share was 67 cents, compared to 59 cents in 2002. Fourth-quarter net...
Aon Looking to Sell Cananwill
Feb 16 2004 // Chicago-based brokerage giant Aon Corp. is looking to sell Cananwill Inc., a Philadelphia-based unit that loans money to businesses to purchase commercial insurance, according to Crain’s Chicago Business. Aon has...
Aon: Hospital Pro Liability, Physician Benchmark Study Forecasts Continued Loss Cost Increase for the Year
Jan 28 2004 // The high trend of insurance rates experienced by hospital professionals and physicians over the past three years show no sign of slowing in 2004 as claims costs are increasing at a steady rate of 9.7 percent according to...
The Strange Saga of Near North National Group’s Michael Segal
Jan 26 2004 // Powerful Friends, Enemy Insiders and Embezzlement Charges We are destroyed as of today,” Michael Segal, owner of Chicago-based Near North National Group, told me several weeks ago in his 20th-floor office in the John...
The Strange Saga of Near North National Group’s Michael Segal
Jan 26 2004 // Powerful Friends, Enemy Insiders and Embezzlement Charges We are destroyed as of today,” Michael Segal, owner of Chicago-based Near North National Group, told me several weeks ago in his 20th-floor office in the John...
The Strange Saga of Near North’s Michael Segal
Jan 12 2004 // We are destroyed as of today,” Michael Segal, owner of Chicago-based Near North National Group, told me several weeks ago in his 20th-floor office in the John Hancock Tower. The group’s subsidiary, Near North...
Aon Study Reports Homeowners ROE Still Improving but at Slower Rate
Dec 1 2003 // Aon recently announced the results of Aon Re Worldwide’s follow-up study of return on capital in the U.S. homeowners insurance marketplace. According to the company, the study reveals further improvement in expected...
Aon Study Reports Homeowners ROE Still Improving but at Slower Rate
Dec 1 2003 // Aon recently announced the results of Aon Re Worldwide’s second follow-up study of return on capital in the U.S. homeowners insurance marketplace. The results of the study reportedly reveal further improvement in...
Aon Posts 3Q, Nine-Month Results
Nov 6 2003 // Chicago-based Aon Corp., the No. 2 broker in the world, has reported third-quarter and nine months 2003 results. Third-quarter net income from continuing operations was $140 million, or 44 cents per share, compared with...
Aon Study Reports Homeowners ROE Still Improving but at Slower Rate
Oct 29 2003 // Aon (www.aon.com) announced the results of Aon Re Worldwide’s second follow-up study of return on capital in the U.S. Homeowners insurance marketplace. The results of the study reportedly reveal further improvement...
Aon Announces Dividend
Oct 13 2003 // Chicago-based Aon Corp. declared a quarterly cash dividend of 15 cents per common share. The cash dividend is payable on Nov. 17, 2003 to common stockholders of record at the close of business on Nov. 4, 2003. Aon is a...
Industry Has Not Forgotten
Sep 22 2003 // Now that the two-year anniversary passed us earlier this month, it would be very easy for all of us to go about our business and put in the background the impact of Sept. 11, 2001. Not only did the events of that day...
Industry Has Not Forgotten
Sep 22 2003 // Now that the two-year anniversary passed us earlier this month, it would be very easy for all of us to go about our business and put in the background the impact of Sept. 11, 2001. Not only did the events of that day...
Aon Fund Assists Children of Employees Lost on 9/11
Sep 11 2003 // More than 150 children of Aon employees who perished on Sept. 11, 2001, will persevere in their educational endeavors thanks to the continuing support of the Aon Memorial Education Fund. Established by Aon Corporation on...
Clement Booth to Become Aon Re International CEO
Sep 8 2003 // Aon Corp. announced that Clement Booth will be joining the company as CEO of Aon Re International, a unit of Aon Re Global, as of October 1, 2003. His appointment comes in conjunction with Aon’s announcement of the...
Aon Forms World’s Largest Reinsurance Broker
Sep 8 2003 // Chicago’s Aon Corporation has announced the formation of Aon Re Global, which it describes as “the largest reinsurance brokerage firm in the world.” In that case it would take over the top spot from...
S&P Revises Aon Outlook to Negative
Aug 14 2003 // Standard & Poor’s Ratings Services has revised its outlook on Aon Corp. to negative from stable because of concerns about the disparity in pre-tax margins between what Aon is earning on its risk and insurance...
Aon Risk Services Adds Key Staff in the Bay Area
Aug 13 2003 // Aon Risk Services announced the addition of four senior individuals to its Risk Management Practice located in San Francisco. “Our objective is to enhance our ability to meet the risk management needs of larger...
Aon Revenues Up 15% Over Year Ago
Aug 7 2003 // Chicago-based brokerage Aon Corp. reported that its net income for the second quarter was $146 million or 46 cents per share compared with breakeven results in the year ago period. Six months results increased to $298...
Aon Identifies Unconventional Threats to U.S. Corporate Balance Sheets
Jul 25 2003 // Aon Corporation released its “Report Card for the World,” identifying “unconventional threats” to the balance sheets of U.S. firms conducting business abroad. Aon Trade Credit, which annually maps...
