Latest Aon Headlines
All the headlines from our Aon Topic Page, ordered by recency.
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...
Aon’s Q2 Results Boosted by Acquisitions, Brokerage Business
Jul 30 2010 // Aon reported net income of $153 million in the second quarter 2010, compared to $149 million for the prior year quarter. Net income from continuing operations increased 22 percent to $179 million, compared to $147 million...
Aon Will Begin Accepting Contingent Commissions Again
Jul 21 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...
As the Wholesale World Turns
Jul 19 2010 // E&S Brokerage Mergers, Expansions and Start Ups, Oh My! As goes the circle of life, so goes the wholesale insurance broker world. Not even the sixth year of a soft market cycle has deterred industry veterans from...
Aon Benfield Launches First Pan-Asian Typhoon Model
Jul 19 2010 // Impact Forecasting, Aon Benfield’s catastrophe model development center, has launched the first fully functional Asian typhoon model to span the continent. “The new model will help insurers analyze the...
Marsh Launches New Global Rail Practice
Jul 15 2010 // Insurance broker Marsh has appointed three industry veterans to its new Global Rail practice. Jim Beardsley joins the unit as Global Leader. Joining him are Jim Wolfarth as senior vice president, Casualty, and John Raymond...
Aon’s Logo Now Featured on New Manchester United Team Uniform
Jul 15 2010 // Goodbye AIG, hello Aon. The Chicago-based giant announced that the new Manchester United home uniforms now feature its logo. Aon took over from AIG officially on June 1 as the principle sponsor of the famous football...
With Hewitt, Aon Will Jump Over Marsh to Be Largest HR Consultant
Jul 13 2010 // Aon Corp. will spend $4.9 billion to buy Hewitt Associates Inc., in an aggressive bid to leapfrog archrival Marsh and McLennan and create the world’s largest human resource services company. Aon, in its largest-ever...
