Latest Aon Headlines
All the headlines from our Aon Topic Page, ordered by recency.
Nicolson Joins Aon Energy as Head of Upstream & Offshore Construction
May 8 2009 // Aon announced that it has agreed to appoint Euan Nicolson as Head of Upstream & Offshore Construction. He has over 27 years experience in the offshore energy insurance industry, and was most recently leader of...
Risk Factors for Technology Industry Changing with the Economy
May 4 2009 // Today’s technology leaders face challenging times in unprecedented circumstances. Many of the risk factors that topped the list of greatest concerns for tech companies — foreign competition, intellectual...
Aon Q1 Revenue Drops 3%; Commissions, Fees Up 1%
May 1 2009 // Aon’s first quarter revenue fell 3 percent to $1.9 billion due to a 10 percent decline from foreign currency translation and a 44 percent decline in investment income, the company report. The decline in revenue was...
Aon Global Risk Analyzes Potential Impact of Swine Flu Outbreak
Apr 28 2009 // Aon has issued a bulletin analyzing the current outbreak of swine flu. Alex Hindson, head of enterprise risk management at Aon Global Risk Consulting, stated: “Health risks are unpredictable but given the possibility...
Risk Factors for Technology Industry Changing with the Economy
Apr 20 2009 // Today’s technology leaders face challenging times in unprecedented circumstances. Many of the risk factors that topped the list of greatest concerns for tech companies — foreign competition, intellectual...
Aon, Zurich Target Technology Risks for Middle Market Firms
Apr 15 2009 // Insurance broker Aon Corp. has introduced a suite of insurance products designed to bring middle market technology companies the coverage enhancements historically only available to large corporate clients. Known as Aon...
Guy Carpenter Names Five New Execs for Boston Office
Apr 14 2009 // The Boston office of risk and reinsurance specialists Guy Carpenter & Co. has appointed five new five new senior brokers. Kathleen McCann has been named managing director. She joins Guy Carpenter from Aon Benfield,...
Aon Reports Kidnap Insurance Costs up ‘Tenfold ‘ in Gulf of Aden
Apr 9 2009 // A timely report (See above article) from Aon Risk Services warns that “ship-owners navigating the Gulf of Aden are seeing insurance premiums for kidnap and random (K&R) increase tenfold as piracy escalates. This...
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...
