Latest Aon Headlines
All the headlines from our Aon Topic Page, ordered by recency.
Florida Reaches $4 Million Insurance Settlement with Aon
May 23 2008 // Florida reached a settlement with Aon Corp., after the insurance broker received undisclosed compensation in connection with the placement of insurance coverage on behalf of Florida policyholders, state officials...
Aon Risk Services Adds Scontras as Senior V.P. in New England
May 23 2008 // Aon Risk Services reports that Christopher Scontras has joined the firm’s New England office as a senior vice president. In that role, Scontras is responsible for client development and fulfillment opportunities in...
Aon Re Global Names Thofern as CEO of German Branch
May 21 2008 // Aon Re Global has named Jan-Oliver Thofern as the new CEO and Chairman of its German subsidiary, Aon Ruck, the largest reinsurance broker in the country. He was previously a member of the Company’s Executive...
Munich Re, Aon Securitize Japanese Earthquake Risks
May 16 2008 // Munich Re, working with Aon, has arranged a securitization for Japanese insurer Zenkyoren, the National Mutual Insurance Federation of Agricultural Cooperatives, through Muteki Ltd., an exempted company in the Cayman...
Aon Notes Need to Protect Art as Prices of Works Soar
May 15 2008 // A classical nude “Venus” she’s not, but that didn’t seem to matter to whoever paid $33.6 million (£17.2 million) for Lucien Freud’s painting – “Benefits Supervisor...
Liability Costs for Long Term Care Industry Stabilize, Aon Reports
May 13 2008 // An Aon Corp. analysis of liability in the long term care industry found for the first time in nine years of reporting that liability costs are stable on a national average basis. The study found that average general...
Aon Re Global Acquires Peruvian Reinsurance Intermediary Cosegur Re
May 12 2008 // Aon Re Global, a unit of Aon Corporation, announced it has acquired Peruvian reinsurance intermediary Cosegur Re, “offering clients in Peru greater access to worldwide reinsurance markets” and Aon Re...
People
May 5 2008 // Patrick G. Ryan, founder and executive chairman Aon Corp., said he intends to retire Aug. 1, 2008. Ryan said the firm’s transition to a new management team under CEO Greg Case is complete. Ryan founded Aon, which has...
People
May 5 2008 // Grange Mutual Casualty Co. announced that Randy Montelone will retire at year end after 29 years of service with the company. Tom Welch, current president of Grange Life Insurance Co., a Grange subsidiary, assumes the role...
Aon to Handle Unilever’s Global Business
Apr 29 2008 // Aon Corporation announced that it has formed a global partnership with Netherlands-based Unilever to serve the needs of its business lines worldwide. “The agreement enables Unilever to approach its buying through the...
Aon UK Exec Harmer to Chair London Market Reform Group
Apr 25 2008 // Peter Harmer, Chief Executive of Aon UK, is to become Chairman of the London Market Reform Group (MRG). He succeeds Stephen Matanle, Managing Director of Libero Ventures Ltd. Harmer stated he is “delighted to accept...
Breitstone Named CEO of Aon’s ASPN
Apr 23 2008 // Aon Corp. announced that Peter Breitstone, an independent agent, has been appointed president and chief executive officer of its marketing affiliate to independent agents, Agency Specialty Product Network Insurance...
People
Apr 21 2008 // Agency Specialty Product Network, a unit of Aon Corp., has named five new regional vice presidents. Rob Romano will head the Northeast Region, which comprises Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island,...
People
Apr 21 2008 // Novato, Calif.-based Fireman’s Fund Insurance Co. named Michael LaRocco president and CEO. He will report to Chuck Kavitsky, president and CEO of Allianz of America, parent of Fireman’s Fund, and will also...
Aon Re Forecasts ‘Favorable Pricing’ for Mid-year Property Re Renewals
Apr 16 2008 // Pricing is projected to be favorable for traditional property catastrophe reinsurance programs when insurers seek mid-year renewals, according to an analysis conducted by Aon Re Global, a unit of the Aon...
People
Apr 7 2008 // Gov. John Baldacci recently swore in Mila Kofman as superintendent of the Maine Insurance Bureau, Kofman has been an associate research professor at the Georgetown University, where she led health-related research projects...
People
Apr 7 2008 // The Governing Board of the California Earthquake Authority has hired Glenn A. Pomeroy as CEO. Pomeroy has extensive experience in public service positions, including former commissioner of insurance of North Dakota. In...
People
Apr 7 2008 // Patrick G. Ryan, founder and executive chairman of the largest insurance intermediary, Aon Corp., said he intends to retire from Aon effective Aug. 1, 2008. “After 41 years as CEO and three years as executive...
Climate Change Heats Up Insurance Industry
Apr 7 2008 // Greenhouse gases (GHGs) have gotten a bad rap, according to Mark C. Bove, senior research meteorologist, catastrophic risk management for Munich Reinsurance America. Speaking on a panel about climate change at the...
ACE Completes Purchase of Combined from Aon
Apr 2 2008 // ACE Limited announced that it has completed its acquisition of 100 percent of the outstanding shares of Combined Insurance Company of America and certain of its subsidiaries from Aon Corporation for $2.56 billion in cash...
