Latest Aon Headlines

All the headlines from our Aon Topic Page, ordered by recency.

Crop Reinsurers’ Profit Could Fall 30% Under USDA Changes, Says Aon

Apr 12 2010 // Proposed cuts in the agreement crop insurers have with the federal government would likely reduce reinsurers’ expected profit by 20 to 30 percent, which could lead to some companies withdrawing from the program or...

Business Moves

Apr 5 2010 // ISU, Webb, Ken Hargis, Cox & Kimball, Darlage ISU International added four new member agencies in the Midwest: ISU Insurance Services The Webb Agency of St. Charles, Mo.; ISU Insurance Services Ken Hargis Agency of...

Marsh Joins Aon, Willis in Rejecting Contingent Commission Income

Mar 25 2010 // Giant insurance broker Marsh says its main brokerage unit will not accept contingent commissions on business for U.S. or Canadian clients but its Marsh & McLennan Agency and its affinity and personal lines business...

Aon Consulting to Acquire J.P. Morgan Benefit Actuarial Services

Mar 19 2010 // Aon Consulting, the benefits consulting business of Aon Corp., has agreed to acquire J.P. Morgan Compensation and Benefit Strategies, a division of J.P. Morgan Retirement Plan Services, LLC. J.P. Morgan Compensation and...

Aon Founder Comes Out of Retirement to Launch Global Wholesaler

Mar 7 2010 // The founder and retired chairman and CEO of the world’s largest insurance broker, Aon, has revealed the management team and a second subsidiary for his new global specialty insurance operation whose first company was...

Large Brokers Freed to Go After Contingent Commissions But Will They?

Mar 7 2010 // The nation’s largest insurance brokers have received the go-ahead to begin accepting contingent commissions again – but two of them say they won’t do it. Officials in New York, Illinois and Connecticut...

Aon Finds P&I Club Renewals Face ‘More Benign’ Environment

Feb 24 2010 // According to Aon Risk Services marine division “ship owners faced a more benign Protection and Indemnity (P&I) renewal at 20th February 2010. “Against a back drop of an improving claims trend, and for some,...

Aon Founder Ryan Launches Specialty Wholesale Insurance Group

Feb 23 2010 // The founder and retired chairman and CEO of the world’s largest insurance broker, Aon, has revealed the management team and a second subsidiary for his new global specialty insurance operation whose first company was...

Large Brokers Freed to Go After Contingent Commissions But Will They?

Feb 17 2010 // The nation’s largest insurance brokers have received the go-ahead to begin accepting contingent commissions again — but two of them say they won’t do it. Officials in New York, Illinois and Connecticut...

Aon Warns on Political, Financial Risks; Berkshire Bets a Billion on Munich Re; IPCC Defends Climate Change Report; Frau

Feb 7 2010 // Aon Risk Services 17th Political Risk Map highlights continued political and financial instability for global business in 2010, closely linked to the ongoing recession in many parts of the world. “Rising risk levels...

Six Experienced Execs Join Aon’s London Aviation Team

Feb 2 2010 // Aon announced that it has made six new appointments to its London-based General Aviation team, which specializes in industrial aid and commercial aircraft. “The appointments have been made to further improve business...

Political, Financial Risk Levels Continue High in 2010, Says Aon

Jan 28 2010 // Political and financial instability remain a feature of the business landscape as a result of the recession, according to Aon Risk Services, the global risk management and insurance brokerage business of Aon Corp. The...

Aon Benfield Launches Global Facultative Re Platform

Jan 27 2010 // Aon Benfield announced the launch of its proprietary facultative broking platform. The web portal, FAConnectSM, “brings the broker marketplace to clients’ computer desktops, allowing them to quote and bind...

Business Moves

Jan 10 2010 // Aon Risk, Allied North America Aon Risk Services, the risk management and insurance brokerage business of Aon Corp., said it has agreed to acquire Allied North America, one of the largest independent surety and...

People

Jan 10 2010 // The board of directors of the American Academy of Actuaries has elected Mary Frances Miller as the organization’s president-elect. Miller will succeed Ken Hohman as president for the 2010-2011 term. Miller is a...

Business Moves

Jan 10 2010 // PacWest Alliance, Shaw Group The Shaw Group of Eureka, Calif., and its affiliates: Anderson, Robinson & Starkey Inc.; Shaw & Petersen Insurance Inc.; PS Insurance Inc. dba Shaw Insurance Services; and Harbers...

Aon Realigns Global Brokerage Services to Enhance Client Access

Dec 28 2009 // Global insurance broker Aon Corp. is taking what it says is its most significant step ever in realigning its brokerage operations to meet its retail clients’ needs for access to insurance markets, risk transfer...

Aon Consulting Hires Matson as Large Market Business Developer

Dec 22 2009 // Steve Matson has joined Houston-based Aon Consulting as a large client business developer for the United States across all regions. Matson will work directly with business development and regional leadership to drive...

People

Dec 20 2009 // Beecher Carlson expanded its National Energy practice by appointing Jacklyn Kearns senior vice president. Kearns has 28 years of insurance and risk management experience. She joins Charlie Pierpont in Beecher...

2009 P/C Insurance Mergers, Acquisitions Large and Small

Dec 20 2009 // Large insurers AIG, Farmers and The Hartford made moves in 2009, as did large brokers Marsh, Aon, Willis, Gallagher, Brown & Brown, Hub and Wells Fargo. So, too, did, many regional insurers and Main Street agencies....