Aon News

Chubb, Willis Executives Join Aon Risk Solutions in New York

Aon Risk Solutions, the global risk management business of Aon plc, recently hired Edward Reilly and Joseph Russo as senior vice presidents in the construction services group.Both Reilly and Russo are based in Aon’s New York office.

N.Y. Judge: Aon’s Poaching Suit Against Alliant Can Proceed

A New York court ruled last week that Aon Risk Services Northeast can proceed with its lawsuit against California-based Alliant Insurance Services involving employment covenants. Aon alleged that several of its former executives who now work for Alliant had conspired …

McGill to Assume New Role as Aon Group President

Aon plc announced that Steve McGill has been appointed group president of Aon, responsible for overseeing the “development and execution of the firm’s overall growth strategy with primary focus on Aon’s risk solutions businesses – Aon Risk Solutions and Aon …

April Weather Caused $1 Billion in Insured Losses in U.S.: Aon

A series of severe weather events across central and southern sections of the United States in April caused upwards of $1 billion in insured losses, according to Aon Benfield’s latest edition of its Global Catastrophe Recap report. During last month’s …

Aon Revenues Rise But Profit Dips in Q1

Risk and insurance brokerage service provider Aon Corp. reported 3 percent revenue growth along with a 3 percent decline in profit for the first quarter. First quarter net income declined to $238 million from $246 million reported last year. The …

Former Aon Executive Named as CEO of N.Y.-Based Reinsurer Southport Re

New York-based reinsurance holding company Southport Re appointed Glenn Weber to the newly created position of chief executive officer. Southport Re is part of New York-based private equity firm Southport Lane. As the top executive at Southport Re, Weber will …

Aon Risk Solutions Appoints Resident Managing Director in Atlanta

Aon Risk Solutions, the global risk management business of Aon plc, appointed John Jassmann to resident managing director in Atlanta. In his new role, Jassmann will lead and grow the operations in Georgia, Tennessee and Alabama. He will also help …

Civil Unrest Leads Aon to Downgrade 37 Countries on Political Risk Map

Aon Risk Solutions, the global risk management business of Aon plc, has just issued its latest political risk map, which gauges the level of risk for international business in more than 200 countries. Aon said “37 countries were downgraded in …

Aon Completes Strategic Move to London

Aon announced that is now officially a “plc (public limited company; i.e. a corporation) and that it has completed its change of the corporate domicile of “the parent company of the Aon group of companies from Delaware to the U.K.” …

Aon Shareholders Approve Domicile Move to London

Aon Corp. announced that its stockholders voted overwhelmingly in favor of the proposal to approve the previously announced change in corporate domicile of the parent company of the Aon group of companies from Delaware to the U.K. at a special …