Latest Aon Headlines
All the headlines from our Aon Topic Page, ordered by recency.
People
Nov 1 2010 // Liberty Northwest, a Liberty Mutual Agency Markets regional company, appointed Danny R. Schamma to vice president, finance. He will direct the business planning process, oversee financial reporting and analysis, and...
Business Moves
Nov 1 2010 // Ironshore, Distinguished Programs Bermuda-based specialty insurer Ironshore Inc. and New York-based program administrator Distinguished Programs Group LLC have formed a joint venture acquisition vehicle targeting the...
Business Moves
Nov 1 2010 // Aon, Hewitt Associates Aon Corp. said it will cut 1,500 to 1,800 jobs over the next three years after acquiring Hewitt Associates. Aon expects to save $355 million per year, including $280 million per year by eliminating...
272 Die in Indonesia Quake, Tsunami; Aon Benfield Analysis
Oct 27 2010 // The earthquake and the subsequent tsunami, which struck the Mentawai Islands off of the Indonesian island of Sumatra has left at least 272 dead, with over 400 people still reported missing. Indonesian authorities are also...
Aon Reports UK Law Firms Seek Early Renewal for Prof. Indemnity
Oct 21 2010 // Aon has reported that UK law firms have recognized the need to start the renewal process for their professional indemnity (PI) insurance early. Aon said it has “received nearly four times the number of proposals at...
Aon Risk Solutions Names Willett as National Practice Leader
Oct 21 2010 // Aon Risk Solutions, the global risk management arm of Aon Corp., appointed John Willett as the national industry practice leader. Most recently, Willett served as managing director for Aon’s New England office. In...
Insurance Editor Coccia Joins Aon
Oct 20 2010 // Aon Corp. announced the appointment of Regis J. Coccia, a former editor of Business Insurance with 20 years of experience in journalism, as director of marketing and communications. He joins Aon on Nov. 1. In the newly...
Aon Sees Catastrophes, Consolidation, Regulation in Asian Re Market
Oct 19 2010 // Aon Benfield launched a market update for the key Asia Pacific reinsurance hubs of Australia/New Zealand, Japan, Singapore and China at the recently concluded East Asian Insurance Congress (EAIC) in Bali. The announcement...
Ye Joins Aon Benfield China Team
Oct 18 2010 // Aon Benfield announced that it has appointed Helen Ye as executive director and head of catastrophe reinsurance in China. She will be responsible for “developing catastrophe reinsurance business by advising clients...
People
Oct 18 2010 // Insurance broker Marsh has added five industry veterans – four from competing broker Aon – to its private equity and mergers and acquisitions practice. James O’Brien, Jason Hawkins and Craig Warnke join...
People
Oct 18 2010 // Insurance broker Marsh has added five industry veterans – four from competing broker Aon – to its private equity and mergers and acquisitions practice. James O’Brien, Jason Hawkins and Craig Warnke join...
Aon to Cut 1,500 Jobs After Hewitt Merger
Oct 15 2010 // The insurance conglomerate Aon Corp. says it will cut 1,500 to 1,800 jobs over the next three years after acquiring Hewitt Associates. The Chicago company says the cuts and other restructuring will be complete at the end...
Aon: EU’s Environmental Liability Directive May Dominate Hungarian Spill
Oct 7 2010 // “The unfolding disaster in Hungary, in which toxic sludge escaped from a failed reservoir belonging to an industrial company, should serve as a warning to companies with industrial operations in Europe that the...
Aon’s Jenkins Appointed President of London Business Interruption Ass’n.
Oct 6 2010 // The London Business Interruption Association (LBIA) has elected Aon’s Diane Jenkins as president for 2010/11. The LBIA aims to advance knowledge on all matters relating to business interruption and runs a series of...
Schirmer Engineering Adopts Aon Name, Expands Global Reach
Oct 5 2010 // Schirmer Engineering has been rebranded Aon Fire Protection Engineering. Aon acquired the fire protection engineering, building code consulting, life safety and security consulting group in 2001. The firm currently has...
Ratings Roundup: United (Aon), Fairfax, Sirius
Oct 1 2010 // A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit ratings of “a-” of Cayman Islands-based United Insurance Company and its subsidiary, United Re (Europe)...
Aon Report Finds ‘Confidence Returning’ for Airlines
Sep 24 2010 // “Confidence is returning to the airline industry with airlines predicting a 13 percent increase in passenger numbers in 2011,” according to Aon’s “Airline Insurance Market Indicators, 2010/11...
Aon Releases 2010 Food System, Agribusiness, Beverage Industry Report
Sep 22 2010 // The claims costs connected to the recent half billion egg recall will be unprecedented and include liabilities such as business interruption and reputation damage. During the next 15 months, the U.S. Food and Drug...
Marsh Expands M&A Practice
Sep 15 2010 // Insurance broker Marsh has added five industry veterans — four from competing broker Aon — to its private equity and mergers and acquisitions practice James O’Brien, Jason Hawkins and Craig Warnke join...
