Latest Aon Headlines
All the headlines from our Aon Topic Page, ordered by recency.
Aon Reports Third-Quarter Profits Fall 48 Percent
Nov 8 2001 // Chicago-based Aon Corp. said Nov. 7 third-quarter profits dropped 48 percent, as it paid out life insurance benefits for staff who died in the destruction of the World Trade Center, according to a Reuters report. The firm...
D&O Liability Insurance: A Complicated Risk
Nov 5 2001 // Directors and Officers liability, commonly known as D&O, is a complicated type of risk. While it covers corporate activities, a corporation is a legal person, as are the directors and officers...
Aon & Marsh Families to Receive Donations
Oct 17 2001 // OpenFLEX Inc. will provide its Advanced Insurance Management Systems to five insurers in order to raise $500,000 to help the families of fallen colleagues at Aon and Marsh. OpenFLEX Inc. announced it will donate an *AIMS-I...
Aon to Underwrite Direct Property/Casualty, Reinsurance Coverages
Oct 16 2001 // Aon Corporation will expand its underwriting operations to include direct property and casualty insurance and reinsurance policies, the company announced on Oct. 12. This coverage will be provided in addition to existing...
Financial, Human Losses Grow from Sept. 11 Tragedies
Oct 8 2001 // The financial and human losses from the events of Sept. 11 continue to haunt insurance companies at home and around world. Insurers have been assessing the impact and are beginning to pay claims with an as yet undetermined...
Aon Fund to Help Victims of Sept. 11 Tragedy
Oct 5 2001 // Aon Corporation has established the Aon Memorial Education Fund. The fund will support the educational needs of the children of Aon employees who were victims of the World Trade Center attack on Sept. 11. The fund, which...
Aon, SalvageSale Sign Strategic Agreement
Oct 4 2001 // Chicago-based Aon Corporation announces the signing of a strategic agreement with SalvageSale Inc., which will increase claims recovery proceeds for both Aon’s clients and insurance carrier partners. SalvageSale is...
Aon Provides Update to Clients and Stockholders
Sep 19 2001 // Aon Corp. recently issued the following statement to its clients and stockholders from Chairman and CEO Patrick G. Ryan: “The shocking events of last Tuesday have had a dramatic impact on the world. Our primary focus...
AON Says It Still Can’t Account for About 200 Employees
Sep 18 2001 // Chicago-based Aon Corp., the world’s No. 2 insurance broker with about 1,100 staff in the World Trade Center, said on Friday that 200 employees remained unaccounted for after the Sept. 11 attack that destroyed the...
Aon 2001 Resource Fair Cancelled
Sep 14 2001 // Jerry Tegan, president and CEO of Aon Specialty Product Network, released the following statement on Sept. 12: “As each of you know, we had a very devastating day in this country yesterday and certainly at Aon. Aon...
Majority of Aon Employees Safe, Company Reports
Sep 13 2001 // “The vast majority of our 1,100 employees who worked in the World Trade Center have been reported as safe,” Stephen Ban, senior vice president of marketing/communications in Chicago, told Insurance Journal....
Aon Launches Political Risk Management Service
Aug 10 2001 // Aon Corporation launched a Political Risk Exposure Profile (PREP) service that provides customized financial analysis of political threats to a company’s global operations. According to John Minor, senior vice...
Aon Survey Finds Risk Managers Feel Exposed to Political Risk
Aug 8 2001 // Aon Corporation recently conducted a survey revealing that more than 85 percent of Fortune 1000 risk managers indicated that their firm was well-protected from property, general liability and directors’ and...
United California Bank, Aon Ally to Provide Expanded Insurance Options
Aug 1 2001 // United California Bank (UCB) announced plans to expand its capability to provide high quality, affordable insurance protection to its retail and small business customers through a strategic alliance with Aon...
The DeWolfe Companies Announces Acquisition of Insurance Portfolio from Aon
Jul 27 2001 // The DeWolfe Companies Inc., the largest provider of residential homeownership services in New England, announced an agreement to acquire a portfolio of more than 9,000 personal insurance accounts from Aon Private Risk...
Aon Corp. on WatchNeg
May 21 2001 // The ratings of Aon Corp. and its subsidiaries were put on CreditWatch with negative implications by Standard & Poor’s (S&P) on April 20. The rating action came subsequent to Aon’s announcement that it...
Kevin Brooks to Join Aon as President of P/C Unit for Combined Specialty
May 17 2001 // Aon Corporation announced that Kevin P. Brooks will become president of the specialty property and casualty unit of Combined Specialty Corporation. Brooks was chairman, president and CEO of General Star Management Company,...
CPA2Biz, Aon Corp. Forge Investment Pact
May 4 2001 // CPA2Biz announced a multi-million dollar investment by Aon Corporation. Under the partnership, Aon will provide insurance and related services to certified public accountants, their employers and business clients. In...
Aon Corp. To Spin Off Underwriting Business
Apr 30 2001 // Aon Corporation announced April 20 it was spinning off its underwriting businesses for its common stockholders, forming two separate, publicly traded companies in the process. The spin-off will take the shape of a tax-free...
S&P Places Aon Corp. Ratings on WatchNeg
Apr 21 2001 // The ratings of Aon Corp. (Aon) and fellow subsidiaries were put on CreditWatch with negative implications by Standard & Poor’s (S&P) on April 20. The rating action came subsequent to Aon’s...
