Brian Slife Resident Managing Director Aon Risk Solutions Email
Normal 12/20/11 Aon Confirms Settlement Agreements with DOJ and SEC Aon Corporation (NYSE: AON), today said it has agreed to a settlement agreement of approximately $16.3 million with the U.S. Department of Justice (DOJ) and the U.S. Securities and Exchange Commission (SEC) relating to certain payments made in overseas jurisdictions between 1983 and 2007. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO) Specifically, Aon has agreed to pay $1.76 million to the DOJ as part of a non-prosecution agreement and approximately $14.55 million to the SEC in disgorgement and interest to settle a civil action. The company expects no impact on fourth quarter results as the settlement amounts were accrued for in prior periods. In the non-prosecution agreement, the DOJ cited Aon's extraordinary cooperation; its timely and complete disclosure of the facts; the early and extensive remedial efforts undertaken by the firm, including the substantial improvements Aon has made to its anti-corruption compliance procedures; and Aon Limited's prior settlement of... 12/19/11 Aon Celebrates 25th Anniversary of the Brand by Pledging $15 Million to Chicago-Based Non-Profits Over Next Five Years Reaffirming its commitment to Chicago on the eve of its 25th anniversary in 2012, Aon Corporation (NYSE: AON) today announced that it is pledging $15 million in charitable donations to the Chicago philanthropic community over the next five years. Since 1987, more than $70 million in charitable contributions from the Aon Foundation , approximately half of all of Aon's worldwide charitable contributions, have gone to Chicago non-profit organizations. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO) Since the creation of the Aon Corporation brand and its listing on the New York Stock Exchange a quarter century ago, the firm has remained committed to strengthening communities by sharing human, intellectual and financial resources. In addition to corporate contributions, members of Aon's senior management team and board of directors serve as volunteers for numerous groups supported by the Aon Foundation. "Aon is a global firm of people helping people – we see community... 12/19/11 Aon Celebrates 25th Anniversary of the Brand by Pledging $15 Million to Chicago-Based Non-Profits Over Next Five Years Reaffirming its commitment to Chicago on the eve of its 25th anniversary in 2012, Aon Corporation (NYSE: AON) today announced that it is pledging $15 million in charitable donations to the Chicago philanthropic community over the next five years. Since 1987, more than $70 million in charitable contributions from the Aon Foundation, approximately half of all of Aon's worldwide charitable contributions, have gone to Chicago non-profit organizations. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO) Since the creation of the Aon Corporation brand and its listing on the New York Stock Exchange a quarter century ago, the firm has remained committed to strengthening communities by sharing human, intellectual and financial resources. In addition to corporate contributions, members of Aon's senior management team and board of directors serve as volunteers for numerous groups supported by the Aon Foundation. "Aon is a global firm of people helping people – we see community... 12/08/11 Aon Receives Perfect Rating on Corporate Equality Index for Fifth Straight Year Firm Recognized by Human Rights Campaign Foundation for its Ongoing Commitment to A Diverse and Inclusive Work Environment Aon Corporation (NYSE: AON) today announced that for the fifth straight year it has received a perfect 100 percent rating in the Human Rights Campaign Foundation's Corporate Equality Index. Aon was one of 190 U.S. companies to achieve this honor. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO) The 2012 Corporate Equality Index rated 636 companies on the extent to which they protected their lesbian, gay, bisexual and transgender (LGBT) employees, consumers and investors. To achieve a perfect score and the distinction of "Best Places to Work for LGBT Equality," companies must have fully inclusive equal employment opportunity policies, provide equal employment benefits, demonstrate organizational LGBT competency, evidence their commitment to equality publicly and exercise responsible citizenship. "Diversity in all its many forms-race, religion,... 12/08/11 Aon Receives Perfect Rating on Corporate Equality Index for Fifth Straight Year Firm Recognized by Human Rights Campaign Foundation for its Ongoing Commitment to A Diverse and Inclusive Work Environment Aon Corporation (NYSE: AON) today announced that for the fifth straight year it has received a perfect 100 percent rating in the Human Rights Campaign Foundation's Corporate Equality Index. Aon was one of 190 U.S. companies to achieve this honor. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO ) The 2012 Corporate Equality Index rated 636 companies on the extent to which they protected their lesbian, gay, bisexual and transgender (LGBT) employees, consumers and investors. To achieve a perfect score and the distinction of "Best Places to Work for LGBT Equality," companies must have fully inclusive equal employment opportunity policies, provide equal employment benefits, demonstrate organizational LGBT competency, evidence their commitment to equality publicly and exercise responsible citizenship. "Diversity in all its many forms-race, religion,... 12/06/11 Thai floods could cost insurers USD10 billion or more, according to Aon Benfield November catastrophe study European Floods Could Spawn Nearly USD1.1 Billion Insured Loss Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corporation (NYSE: AON), today releases the latest edition of its Monthly Cat Recap report, which reviews the natural disaster perils that occurred worldwide during November. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO) Published by Impact Forecasting, the firm's catastrophe model development center of excellence, the report reveals that the worst flooding in decades continued across parts of Thailand for a fourth month as the death toll reached at least 657. The floods, which are receding throughout the country, affected more than 13.4 million people in at least 64 provinces. Total economic losses were estimated at THB1.41 trillion (USD45 billion) and industry estimates suggest that insured losses may exceed the THB309 billion (USD10 billion) threshold. Also in Southeast Asia, Vietnam saw the death toll from... 12/05/11 Business Insurance Names Two Aon Executives as 2011 "Women to Watch" Aon Corporation (NYSE: AON) today announced that two executives have been named to Business Insurance magazine's 2011 "Women to Watch" list: Kristi Savacool , chief executive officer of Aon Hewitt , and Kelly Superczynski , senior managing director of Aon Benfield . (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO) At least one Aon leader has been named to the "Women to Watch" list each year since the awards were announced in 2006. As CEO of Aon Hewitt, Kristi Savacool leads a global organization that is solving our clients' most pressing issues around health, retirement and talent. Under her leadership, Aon Hewitt is taking full advantage of the organization's deep advisory and delivery expertise to create superior integrated solutions. The firm is analyzing the data and behavioral patterns from the more than 21 million participants in Aon Hewitt's industry-leading benefits administration database to offer clients unique insights and thought leadership to solve an... 11/21/11 Employees Want Health Plans That Are Simple, Personalized And Support Their Own Health Improvement Despite Efforts, Employers Falling Short When it Comes to Engaging Workers in Health and Wellness As U.S. companies continue to ask workers to shoulder a greater burden of the cost of health care, a new survey from Aon Hewitt, The Futures Company and the National Business Group on Health, reveals that consumers want their employers to do more to help them improve their health and get the most from their employer-provided health and wellness plans. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO) Together with the National Business Group on Health and The Futures Company, Aon Hewitt surveyed more than 3,000 consumers (employees and their dependents) covered by employer health plans to determine their perspectives, behaviors and attitudes towards health and wellness. Under continued pressure to mitigate costs and adjust to new regulations, employers are continuing to carefully consider the future of their employer-provided health plans. However, as they adjust their... 11/16/11 Aon Hewitt Hires Global Marketing Leader New Position to Focus on Strategy and Bringing Key Integrated Solutions to Market Aon Corporation, the leading global provider of risk management and human resource consulting and outsourcing (NYSE: AON), today announced that Laura Zimmerman has joined the firm as senior vice president and global marketing leader for Aon Hewitt. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO) In this newly created role, Zimmerman is responsible for leading Aon Hewitt's global marketing strategy and bringing integrated solutions to market around health, retirement and talent, with a connection to risk. Zimmerman reports to Dave Hill, global chief commercial officer of Aon Hewitt, and serves on the Aon Hewitt executive committee. In addition, she joins Aon's global marketing executive team, which has been a driving force in Aon's success, including the successful execution of the global partnership and shirt sponsorship with Manchester United. Zimmerman also has a... 11/14/11 Struggling economy demands construction industry embrace enterprise-wide risk management Aon Risk Solutions, the global risk management business of Aon Corporation (NYSE: AON), today released its 2011 Construction Industry Report, which reflects the input of 60 global construction industry respondents to Aon's 2011 Global Risk Management Survey. While survey respondents cited senior management's intuition and experience as the primary method to identify major risks, the report underlines the importance for organizations to embrace an enterprise-wide risk management approach that is optimized on a global basis. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO) The industry's top risks as identified by survey respondents are included in the report, with the economic slowdown leading the list. Rounding out the top four risks are increasing competition, damage to reputation/brand and failure to attract or retain top talent. Regulatory/legislative changes and third-party liability tied for the fifth spot. "In today's business environment of high supply and... 11/10/11 Global Employee Satisfaction Continues to Lag in 2011, Says Aon Hewitt Lack of connection between individual and organizational success seen as a main issue in decreasing engagement Workforces worldwide are reaching their tipping point as employee satisfaction, or engagement, continues to be sluggish and remains at the lowest level since 2008, according to analysis recently released by Aon Hewitt, the global human resource consulting and outsourcing business of Aon Corporation (NYSE:AON). (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO) At the end of the third quarter, Aon Hewitt analyzed its Employee Engagement Database of more than 5,700 employers, representing five million employees worldwide. The findings reveal an engagement level of 56 percent thus far in 2011, which is the same as 2010, but lower than 2009 (60 percent) and 2008 (57 percent). Traditionally, engagement levels between 65 percent and 100 percent represent a high-performing culture; 45 percent to 65 percent indicate the workforce is indifferent to organizational success... 11/04/11 Aon wins seven ACORD awards for implementation of data standards and an individual award for commitment to standards Aon Corporation (NYSE:AON) today announces that it has won seven prestigious awards for its utilization of ACORD data standards. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO) ACORD (the Association for Cooperative Operations Research and Development), the re/insurance industry's non-profit standards developer, honoured the company at a ceremony in Fort Lauderdale, Florida, on November 3. At the event, Aon Benfield, Aon's global reinsurance intermediary and capital advisor, was presented with the Most Compelling Case Study award for its fully integrated suite of reinsurance back-office messages using the Ruschlikon global implementation guidelines, demonstrating Aon Benfield's global commitment to the use of eCommerce and ACORD standards. The firm also received a Round Trip of Data award in recognition of its use of ACORD's standards to exchange claim, premium and settlement data with acknowledgments received back from its messaging capable partners, completing the... 11/04/11 Aon Adds Trethewey to Construction Leadership Team Aon Risk Solutions, the global risk management business of Aon Corporation (NYSE: AON), today announced the addition of W. Scott Trethewey to Aon Risk Solutions' Construction Services Group. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO) Based in Miami, Trethewey will join the existing leadership team in a new national role as executive vice president of operations. He will focus on guiding the senior team with an emphasis on strategy, finance and human resources. Prior to joining Aon, Trethewey was executive vice president of finance and risk with Moss & Associates, where he was responsible for oversight and management of risk, finance, tax and loss prevention, while also playing an integral role in the organization's strategic initiatives. Trethewey will report to Kevin White, chief executive officer of Aon Risk Solutions' Construction Services Group. "The combination of Scott's valuable construction client background, operational discipline and overall... 11/03/11 Aon Hewitt, The RBL Group and Fortune Announce the Global Top Companies for Leaders Global leadership study clearly shows link between investing in leaders and financial results, as well as the importance of measurement and involvement IBM, General Mills and Procter & Gamble head the 2011 list of Global Top Companies for Leaders, the most comprehensive study of organizational leadership in the world. The Top Companies for Leaders study is conducted by Aon Hewitt, the global human resource consulting and outsourcing business of Aon Corporation (NYSE:AON), in partnership with The RBL Group, a strategic HR and leadership advisory firm, and FORTUNE Magazine. This year's winners were selected and ranked by an expert panel of independent judges based on criteria including strength of leadership practices and culture, examples of leader development on a global scale, alignment of business and leadership strategy, business performance and company reputation. The 2011 list is featured on CNNMoney.com today, will appear in the November 21 issue of FORTUNE, and can be found... 11/03/11 Insurers exposed to minimum $5bn loss as Thailand suffers continued record flooding, according to Aon Benfield October catastrophe study Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corporation (NYSE: AON), today releases the latest edition of its Monthly Cat Recap report, which reviews the natural disaster perils that occurred worldwide during October. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO) Published by Impact Forecasting, the firm's catastrophe model development center of excellence, the report reveals that flooding continued to inundate much of Thailand for a third full month, as record levels of floodwater entered sections of the capital, Bangkok. The flooding has impacted 64 of Thailand's 77 provinces, affecting more than 9.9 million people with at least 427 reported dead. Preliminary economic losses have been listed at THB300 billion (USD9.8 billion), with insured losses already estimated at more than THB140 billion (USD4.6 billion). Assessments remain ongoing as approximately 3.3 million homes and nearly 15,000 manufacturing and industrial plants have... 11/01/11 Aon Becomes Global Member of Catalyst Organization Expands Membership Role to Focus on Building Global Inclusive Workplaces and Expanding Opportunities for Women in Corporate Leadership Roles In alignment with its commitment to diversity and inclusion as a global firm, Aon Corporation (NYSE: AON), the leading global provider of risk management, insurance and reinsurance brokerage, and human resource consulting and outsourcing, today announced that it has become a global member of Catalyst, the premier research and advisory organization working globally with businesses to build workplaces and expand opportunities for women and businesses. Aon had been a U.S. member of Catalyst since 2006. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO) The announcement was made today by Greg Case, Aon's president and chief executive officer, at the Women in Leadership Roles Forum in New York, which is an annual event promoting women in leadership roles in the insurance industry co-sponsored by Aon and Swiss Re, and hosted by... 10/31/11 Aon eSolutions Launches RIScloud, the Next-Generation Cloud Solution Designed and Built for the Risk, Insurance and Safety Community Aon eSolutions, the technology solutions business of Aon Corporation (NYSE: AON), today announced the launch of RIScloud, the next-generation community cloud solution for the risk, insurance and safety management community. Aon eSolutions is the original cloud provider to the risk, insurance and safety community; the business took its hosted solutions clients online in 2001. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO) CEO Kathleen Burns gave clients a sneak peek earlier this month at the 12th Annual Aon eSolutions Experience Conference in Miami. "With all of the noise out there, it is tempting to think that a cloud is a cloud is a cloud," Burns said. "We're seeing that misperception fall away as our clients are introduced to RIScloud." Whereas other providers outsource key components of their cloud-technology infrastructure, Aon eSolutions fully manages and controls RIScloud. The business invested in a comprehensive end-to-end community cloud solution (as... 10/28/11 Aon Reports Third Quarter 2011 Results - Total revenue increased 51% to $2.7 billion with organic revenue growth of 1% - - EPS from continuing operations increased 16% to $0.59 - Third Quarter Highlights - EPS from continuing operations, excluding certain items, increased 13% to $0.69 - Risk Solutions revenue increased 9% to $1.6 billion with organic revenue growth of 3% - Risk Solutions operating margin was 19.0% and the operating margin, excluding certain items, increased 110 basis points to 19.0% - HR Solutions revenue increased 246% to $1.1 billion with a 2% decline in organic revenue - HR Solutions operating margin was 6.9% and the operating margin, excluding certain items, decreased 590 basis points to 11.2% - Repurchased 3.8 million shares of common stock for $175 million Aon Corporation (NYSE: AON) today reported results for the third quarter ended September 30, 2011. Net income attributable to Aon stockholders from continuing operations increased 38% to $198 million or $0.59 per share, compared to $144 million or... 10/25/11 Aon Hewitt Hires Nationally Recognized Compensation Advisors, Expanding Expertise and Thought Leadership for Clients Aon Hewitt, the global human resources outsourcing and consulting company of Aon Corporation (NYSE: AON), today announced the addition of Don Lowman, Gary Locke and Chuck Essick as senior leaders in the North American executive compensation advisory business. These new additions bring some of the most well-known and proven expertise to Aon Hewitt's clients. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO ) "This action further emphasizes our commitment to building the best full-service executive compensation business in the world," said Brian Dunn, global head of executive compensation for Aon Hewitt. "These are important additions for our clients and Aon Hewitt's future growth plans." In their new roles, Lowman, Locke and Essick will be responsible for leading the growth and expansion of the executive compensation business through client acquisition, market, and staff development while supporting Aon Hewitt's on-going focus on creating market leading intellectual... 10/24/11 Aon Begins Global "Pass It On" Initiative Photos of the Halftime Kickoff Ceremony during Yesterday's Manchester United Football Match Now Available Aon Corporation, the leading provider of global risk management solutions and human resource consulting and outsourcing (NYSE: AON), today announced the official start of "Pass It On," a global employee and client engagement program that tells the Aon story to colleagues, clients and communities around the world by passing Manchester United footballs across six continents in eight months. (Logo: http://photos.prnewswire.com/prnh/20020405/LNTLOGO) "Pass It On" officially kicked off yesterday during half time of the derby between Manchester United and Manchester City. Manchester United Legends Denis Irwin, Bryan Robson and Gary Pallister were on hand to support the launch. Aon is the principal partner and global shirt sponsor of Manchester United. The footballs began their journey today from three "start" cities: Hobart, Australia; Cape Town, South Africa; and Punta Arenas,... 10/23/11 Aon's New Global Employee Engagement Initiative Kicks Off Today at Manchester United Event at Old Trafford with Team Legends Marks Start of Eight-Month Worldwide Journey to Pass On the Aon Story to Colleagues, Clients and Communities Aon Corporation, the leading provider of global risk management solutions and human resource consulting and outsourcing (NYSE: AON), announced today the launch of its new and innovative employee and client engagement initiative, "Pass It On." (Photo: http://photos.prnewswire.com/prnh/20111023/CG91632 ) (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO ) "Pass It On" is a multi-faceted, global program that combines elements of employee engagement, community service and client partnerships to demonstrate to the world how Aon's 60,000 colleagues in over 120 countries focus every day on empowering results for their clients and communities. "Pass It On" officially kicks off today at Old Trafford at half time of the derby between Manchester United and Manchester City. Manchester United Legends Denis Irwin, Bryan Robson and Gary... 10/19/11 New Aon Benfield Study Assists Insurers to Optimise Their Balance Sheets Under Solvency II Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corporation (NYSE:AON), has launched its Solvency II Revealed report, which contains a series of in-depth articles on the key challenges of the new regime based on actual client projects. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO) Solvency II Revealed offers fresh perspectives on the regulatory challenges of the EU protocol, and includes important considerations for firms' key personnel managing the regulation, from chief financial officers and chief risk officers, to actuaries and catastrophe modellers. Themes highlighted in the report include: Combining the management of insurance and market risk, and leveraging the internal model framework, enables insurers to optimise their overall business strategy across insurance and investment risks and deliver higher shareholder returns without increasing risk or capital. Solvency II will change the investment behaviour of insurance companies.... 10/18/11 Health Care Industry Faces Unprecedented Change in Hospital Landscape: Aon Risk Solutions Aon's 12th annual Hospital and Physician Professional Liability Benchmark Analysis finds medical malpractice management for integrated systems more critical than ever It is estimated that 50 to 60 percent of physicians and hospitals are exploring ways to team up, according to a recent article in The New York Times. Aon Risk Solutions, the global risk management business of Aon Corporation (NYSE: AON), expects this trend to lead to significant collaborative activity, including mergers, acquisitions, joint ventures and additional forms as hospitals and health care systems across the U.S. look to deliver high-quality care while reducing unnecessary expenses. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO) "This expected increase in hospital and physician collaboration can be directly linked to the Patient Protection and Affordable Care Act, which is motivating a shift in the marketplace," said Ron Calhoun, managing director and Health Care Practice leader for Aon Risk... 10/17/11 Aon Announces Third Quarter 2011 Earnings Release and Conference Call Aon Announces Third Quarter 2011 10/12/11 Aon Expands Construction Leadership Team Aon Risk Solutions, the global risk management business of Aon Corporation (NYSE: AON), today announced the addition of Paul A. Healy to Aon Risk Solutions' Construction Services Group. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO) Based in Boston, Healy will lead Aon's national contract surety team, which helps many of the world's largest contractors and corporations secure the credit facilities necessary to achieve their operating objectives. He will join the existing Construction Services Group leadership team to guide strategic direction and executive client support. "Paul's reputation is impeccable and I am thrilled to welcome him to Aon," said Kevin White, chief executive officer of Aon Risk Solutions' Construction Services Group. "Our clients will immediately benefit from his dedication and extensive relationships within the construction industry." Healy will report to Geoff Heekin, executive vice president and managing director of Aon Risk Solutions'... 10/12/11 Aon Announces New Appointments for its Health Care Practice Aon Risk Solutions, the global risk management business of Aon Corporation (NYSE: AON), today announced the promotion of two of its Health Care Practice leaders as well as a new addition. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO) Dominic Colaizzo has been named chairman, Aon Risk Solutions' Health Care Practice. In his previous role as managing director of the practice, Colaizzo served the complex needs of the nation's largest and most specialized health care institutions. Highly regarded for his expertise on medical professional liability and alternative risk financing, he collaborated with clients, colleagues and carriers in the U.S., London and Bermuda markets to develop comprehensive risk management programs, best practices and alternative risk management solutions that continue to inspire efforts within the practice and across the industry. In his new position, Colaizzo will continue to serve clients and co-lead the practice with a focus on meeting client... 10/11/11 Employees Need to Take Greater Role During Benefits Enrollment Season, According to Aon Hewitt With benefits open enrollment season upon us, employees at many U.S. companies will be faced with making decisions regarding their 2012 choices for health care and other plans. Aon Hewitt, the global human resource consulting and outsourcing business of Aon Corporation (NYSE: AON), says that while health care reform remains a key business focus for organizations, it will have less of an impact on most employees' health plan choices in 2012, compared to 2014 and beyond. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO) Employees at many organizations can expect to see examples of the following trends as they enroll in benefits for next year: Health care costs continuing to rise. Aon Hewitt's data indicates that overall health care costs are expected to rise 7.0 percent in 2012 to $10,475 per employee, compared to $9,792 per employee in 2011. While employers continue to fund the majority of this cost, employees are projected to contribute $2,306 on average in 2012 to... 10/07/11 Aon Declares Quarterly Dividend CHICAGO, IL - October 7, 2011 - Aon Corporation (NYSE: AON) today announced that the Board of Directors has declared a quarterly cash dividend of $0.15 per share on outstanding common stock. The dividend is payable on November 15, 2011 to stockholders of record on November 1, 2011. About Aon Aon Corporation (NYSE:AON) is the leading global provider of risk management services, insurance and reinsurance brokerage, and human resources solutions and outsourcing. Through its more than 59,000 colleagues worldwide, Aon unites to deliver distinctive client value via innovative and effective risk management and workforce productivity solutions. Aon's industry-leading global resources and technical expertise are delivered locally in over 120 countries. Named the world's best broker by Euromoney magazine's 2008, 2009 and 2010 Insurance Survey, Aon also ranked highest on Business Insurance's listing of the world's insurance brokers based on commercial retail, wholesale, reinsurance and... 10/04/11 Asia Monsoon Economic Losses Near $7bn According to Aon Benfield September Catastrophe Study Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corporation (NYSE:AON), today releases the latest edition of its Monthly Cat Recap report, which reviews the natural disaster perils that occurred worldwide during September. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO) Published by Impact Forecasting, the firm's catastrophe model development center of excellence, the report reveals that seasonal monsoonal rains triggered significant flooding and landslide events throughout parts of Asia during the month, with China, Thailand, India, Pakistan and Cambodia being particularly affected. In China, consecutive weeks of heavy rain led to flash floods, river flooding and landslides in nine separate provincial regions, killing at least 101 people and resulting in an economic loss of CNY27.21 billion (USD4.25 billion) according to the country's Ministry of Civil Affairs. In Thailand, August flooding continued into September, claiming more than 206... 10/03/11 Average Cost of U.S. Health Coverage per Employee is Expected to Cross the $10,000 Threshold for the First Time in 2012, According to Aon Hewitt While health care costs are projected to increase at a lower rate in 2012 compared to 2011, the average cost per employee will surpass the $10,000 mark for the first time next year, according to Aon Hewitt, the global human resource consulting and outsourcing business of Aon Corporation (NYSE: AON). To view the multimedia assets associated with this release, please click http://www.prnewswire.com/news-releases/average-cost-of-us-health-coverage-per-employee-is-expected-to-cross-the-10000-threshold-for-the-first-time-in-2012-according-to-aon-hewitt-130847468.html According to Aon Hewitt's analysis, the 2012 average health care premium rate increase will be 7.0 percent, which is slightly lower than the 7.5 percent mark in 2011, and on par with the 6.9 percent increase in 2010. However, the average total health care premium per employee for large companies is projected to be $10,475 in 2012, up from $9,792 in 2011, and $9,111 in 2010. The amount employees will be asked to contribute... 10/03/11 Link Confirmed Between Financial Performance and Risk Management Maturity: Aon and Wharton School Early finding indicated by Aon Risk Maturity Index, Wharton School analysis Aon Risk Solutions, the global risk management business of Aon Corporation (NYSE: AON), announced early findings drawn from the Aon Risk Maturity Index: There is a positive relationship between the maturity of an organization's risk management framework and its financial performance. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO) Launched earlier this year in partnership with The Wharton School of the University of Pennsylvania, the Aon Risk Maturity Index is a proprietary online tool created to empower risk and finance leaders to assess the development level of their organization's risk management structure and implementation. Index questions focus on corporate governance, management decision processes and risk management processes. Aon and Wharton analyze responses to identify those activities associated with improved financial performance. Upon completion of the assessment questions,... 09/26/11 Many Employers Interested in ACOs to Decrease Health Care Costs and Increase Value-Based Approaches, Says Aon Hewitt and Polakoff Boland Employers nationwide are beginning to explore the "Accountable Care Organization" (ACO)* model as a viable option to continue offering employer-sponsored benefits, while reducing cost and improving quality of care, according to a report issued today by Aon Hewitt, the global human resource consulting and outsourcing business of Aon Corporation (NYSE:AON) and Polakoff Boland, a national health care management consulting firm. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO ) This survey of 674 U.S. employers reveals that 28 percent are interested or very interested in exploring ACOs, while 37 percent are somewhat interested, 24 percent are unsure and 11 percent are not at all interested. Quality of care delivered is the top ranked factor by 82 percent of employers in evaluating the use of ACOs. This was followed by the ability to manage the total cost of care (81 percent), patient outcomes (66 percent) and plan/provider pricing transparency (47 percent). "ACOs are... 09/15/11 Working Mother Magazine Names Aon to 2011 List of 100 Best Companies Aon Corporation (NYSE: AON), the leading global provider of risk management and human resources consulting and outsourcing, today announced it has been named to Working Mother magazine's list of 100 Best Companies for 2011. Aon was recognized for its flexible work programs and commitment to developing and advancing women across all levels. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO ) "Aon's position as a leading global firm is fueled by our desire to 'Hire the Best, Build the Best and Be the Best,'" said Greg Besio, executive vice president and chief human resources officer at Aon. "We foster an environment where working mothers can thrive and reach their full potential, and we will continue to provide all of our colleagues around the world with the programs and tools necessary to help them successfully balance their personal and professional lives." Companies were selected for the 2011 Working Mother 100 Best Companies based on an extensive application with more... 09/13/11 Reinsurers Remain Well Capitalized and Have Added Tremendous Economic Value and Financial Stability to Catastrophe Loss Affected Insurers and Regions In 2011 Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corporation (NYSE:AON), today releases its Reinsurance Market Outlook - Value Creating Capital report, which reviews major events in the year to date and highlights key considerations for insurers in the approach to the January 1, 2012 reinsurance renewals. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO ) In its analysis of the industry, the 50-page study examines standard predictive pricing variables such as reinsurer and insurer capital, rating agency standards, and actual catastrophe losses. It also contains dedicated commentary on trends in the financial markets, insurance-linked securities (ILS), and mergers and acquisitions, as well as reviewing both catastrophe activity by sector and geography, and the 2011 reinsurance renewal periods. The report reveals that reinsurers remain well capitalized and have the ability to continue to provide value creating capital to insurers at terms that... 09/13/11 Growth and Reserve Risk Challenge Insurance Industry, According to Aon Benfield Insurance Risk Study Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corporation (NYSE: AON), today releases its 2011 Insurance Risk Study, which continues to be the industry's leading set of risk parameters for modeling and benchmarking underwriting risk. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO ) The study, now in its sixth edition, provides underwriting volatility benchmarks that are a valuable resource to chief risk officers, actuaries and other economic capital modeling professionals, as well as comprehensive analyses of notable specific risks to the industry. Its data spans 47 countries and key business lines representing more than 90% of global property-casualty insurance premium. Again this year, the study ranks global underwriting volatility by line of business and by territory. It reveals that property remains substantially more volatile than other major lines. In Germany and Spain property is nearly twice as volatile as motor, the most stable... 09/08/11 Aon eSolutions Appoints New Senior Vice President of Global Product Management Aon eSolutions, the technology solutions business of Aon Corporation (NYSE: AON), today announced the appointment of Ronald Young to senior vice president of global product management. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO) Young will provide global product leadership for Aon eSolutions' entire product portfolio, encompassing risk, insurance and safety management solutions. He is a veteran in the financial services and insurance industry, with more than 20 years of experience and a proven track record in software product management, including product strategy, delivery and operations. Young has extensive experience in U.S. and European markets and has successfully facilitated international market expansion. Most recently, Young served as vice president of product and market strategy for Open Solutions, a financial services software provider that specializes in solutions for the banking and credit union industries. Prior to that role, he was vice president of... 09/08/11 Damage From Irene Could Cost U.S. up to $7bn, According to Aon Benfield Catastrophe Study Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corporation (NYSE:AON), today releases the latest edition of its Monthly Cat Recap report, which reviews the natural disaster perils that occurred worldwide during August. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO) Published by Impact Forecasting, the firm's catastrophe model development center of excellence, the report reveals that insured losses solely in the United States from Hurricane Irene are expected to range between USD1.6-6.6 billion. The storm killed at least 46 people in the U.S. and injured dozens more, resulting in a dangerous storm surge and significant river flooding. Nearly eight million power outages were recorded at its peak, as well as damage to tens of thousands of homes, businesses, other structures and vehicles. Irene became the first landfalling hurricane in the U.S. since Ike in 2008. On August 23, a rare, magnitude-5.9 earthquake impacted the Mid-Atlantic region... 09/01/11 Salary Increases Stay Consistent with Recent Trends, as the Focus Remains on Variable Pay, according to Aon Hewitt Aon Hewitt, the global human resource consulting and outsourcing business of Aon Corporation (NYSE:AON), today announced findings from its annual U.S. Salary Increase Survey. While there is projected to be a slight uptick in salary increases in 2012 compared to 2011, companies will continue to place the greatest focus on variable pay. To view the multimedia assets associated with this release, please click http://www.prnewswire.com/news-releases/salary-increases-stay-consistent-with-recent-trends-as-the-focus-remains-on-variable-pay-according-to-aon-hewitttrends-128841508.html Aon Hewitt surveyed 1,494 large U.S. companies in June and July, which revealed a 2.9 percent base salary increase projection in 2012 for salaried exempt (employees who do not receive overtime pay), executives, salaried nonexempt (employees who receive overtime pay) and non-union hourly workers. This is up slightly from 2011 for all groups - salaried exempt (2.7 percent), executive (2.8 percent), salaried... 08/31/11 Reinsurance Industry Retains Capital Markets Appetite Despite Headwinds, According to Aon Benfield Securities ILS Review Aon Benfield Securities, the investment banking subsidiary of Aon Corporation (NYSE: AON), today releases its annual Insurance Linked Securities (ILS) report, which examines the trends witnessed in the ILS sector over the 12-month period ending 30 June 2011. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO) "Consistency and Confidence"reveals that 24 separate catastrophe bond transactions resulted in an annual issuance volume of USD4.4 billion to June 30, 2011 - a slight decrease from the USD4.7 billion across 21 transactions seen in the prior year period. Also, sidecars experienced resurgence in 2011, further demonstrating investors' interest to continue to provide fresh capital after market losses. Catastrophe bonds outstanding at June 30, 2011 totaled USD11.5 billion, with USD37.6 billion of cumulative catastrophe bond issuance since 1997. Paul Schultz, President of Aon Benfield Securities, said: "Consistency in issuance, including strong participation from repeat... 08/04/11 Global Storm Activity Increases in July as the Atlantic Hurricane Season Approaches Peak Period, According to Aon Benfield Study Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corporation (NYSE: AON), today releases the latest edition of its Monthly Cat Recap report, which reviews the natural disaster perils that occurred worldwide during July. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO) Published by Impact Forecasting, the firm's catastrophe model development center of excellence, the report reveals that the month was characterized by an increase in global tropic cyclone activity as the calendar turns to the Atlantic Hurricane Season reaching its historical peak of activity. The most prolific storm, Typhoon Nock-ten, made separate landfalls in the Philippines, China and Vietnam, killing at least 72 people, and injuring 53 others, amid total economic losses estimated at USD113 million. Meanwhile, Typhoon Ma-on made a brief landfall on Japan's Shikoku Island, killing at least five people, injuring dozens more, and causing a total economic loss estimated at JPY3.9... 08/02/11 Aon Global Client Network Leaders Appointed COO and Senior Managing Director Aon Risk Solutions, the global risk management and insurance brokerage business of Aon Corporation (NYSE: AON), today announced the appointment of Clyde Ebanks to chief operating officer of the Aon Global Client Network and Bruce Wineman to Aon Global Client Network senior managing director for the U.S. and Canada. With a team of more than 1,200 professionals, the Aon Global Client Network is unsurpassed in geographic breadth and depth of talent and specializes in providing risk management advice and delivering superior service to multinational clients in every segment. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO ) "Clyde and Bruce have served on the network's global management team for many years, providing vital support and guidance for the team while continuing in their important client-facing roles and contributing to many developments," said Chris Baudouin, chief executive officer of Aon Global Client Network. "I am thrilled to welcome them to these well-earned... 07/29/11 Aon Reports Second Quarter 2011 Results - Total revenue increased 48% to $2.8 billion with organic revenue growth of 1% - - EPS from continuing operations increased 19% to $0.75 - Second Quarter Highlights - EPS from continuing operations, excluding certain items, increased 2% to $0.83 - Risk Solutions revenue increased 9% to $1.7 billion with organic revenue growth of 2% - Risk Solutions operating margin was 20.5% and the operating margin, excluding certain items, decreased 140 basis points to 19.6% - HR Solutions revenue increased 244% to $1.1 billion with flat organic revenue - HR Solutions operating margin was 10.6% and the operating margin, excluding certain items, decreased 90 basis points to 13.9% - Repurchased 5.8 million shares of common stock for $303 million - Closed the acquisition of Glenrand M.I.B, significantly strengthening Aon's position in South Africa Aon Corporation (NYSE: AON) today reported results for the second quarter ended June 30, 2011. Net income attributable to Aon stockholders increased 69% to... 07/19/11 Aon Acquires Ward Financial Group Aon Corporation (NYSE: AON) today announced it has acquired Westfield Financial Corporation and its subsidiary, the Ward Financial Group, from Ohio Farmers Insurance Company. Ward is a leading provider of benchmarking and best practices research studies for insurance companies in North America. Ward will be integrated with Aon's McLagan Partners, an Aon Hewitt company and a premier performance/reward consulting and benchmarking firm for the financial services industry. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO) Ward has executed more than 1,500 benchmarking initiatives for approximately 350 insurance companies throughout North America, including more than half of all major U.S. Property-Casualty insurers. The firm is also known for its Ward's 50, a distinction given to the top performing companies in property-casualty and life-health insurance. Jeff Rieder, current president of Ward, will continue to lead the group, reporting to Michael Burke, president of McLagan... 07/15/11 Aon Declares Quarterly Dividend Aon Corporation (NYSE: AON) today announced that the Board of Directors has declared a quarterly cash dividend of $0.15 per share on outstanding common stock. The dividend is payable on August 15, 2011 to stockholders of record on August 1, 2011 . About Aon Aon Corporation (NYSE: AON) is the leading global provider of risk management services, insurance and reinsurance brokerage, and human resources solutions and outsourcing . Through its more than 59,000 colleagues worldwide, Aon unites to deliver distinctive client value via innovative and effective risk management and workforce productivity solutions. Aon's industry-leading global resources and technical expertise are delivered locally in over 120 countries. Named the world's best broker by Euromoney magazine's 2008, 2009 and 2010 Insurance Survey, Aon also ranked highest on Business Insurance ' s listing of the world's insurance brokers based on commercial retail, wholesale, reinsurance and personal lines brokerage revenues in... 07/15/11 Aon Announces Second Quarter 2011 Earnings Release and Conference Call Aon Corporation (NYSE: AON) plans to announce second quarter 2011 results on Friday, July 29, 2011 in a news release to be issued before the market opens. Greg Case, president and CEO, will host a conference call at 7:30 am Central Time on Friday, July 29, 2011. The conference call will be broadcast live through Aon's website at www.aon.com. Windows Media Player is required to listen to this webcast. A replay will be available shortly after the live webcast. The earnings release will be available on Aon's web site at www.aon.com. About Aon Aon Corporation (NYSE:AON) is the leading global provider of risk management services, insurance and reinsurance brokerage, and human resources solutions and outsourcing. Through its more than 59,000 colleagues worldwide, Aon unites to deliver distinctive client value via innovative and effective risk management and workforce productivity solutions. Aon's industry-leading global resources and technical expertise are delivered locally in over... 07/13/11 Aon Hewitt Wins 30 New Delegated Investment Consulting Clients Globally Latest Wins Bring Total Assets Under Advisement to More than $17 Billion LINCOLNSHIRE, Ill., July 13, 2011 /PRNewswire/- Aon Hewitt, the global human resources consulting and outsourcing business of Aon Corporation (NYSE: AON), today announced that its global investment consulting business (operating as Hewitt EnnisKnupp(1) in the U.S.) has won 30 new delegated investment consulting clients around the world since the start of 2011. In its role as delegated investment consultant, Aon Hewitt is given the authority by the pension plan's fiduciary committee to rebalance plan portfolios and, often, for the retention or termination of plan investment managers. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO) Since announcing the offering in 2009, Aon Hewitt has won 63 delegated investment consulting clients. Currently, total assets under advisement exceed $17 billion. "We are excited to have been selected to provide delegated investment consulting services by these plan... 07/11/11 Aon Appoints Greg Besio as Chief Human Resources Officer Senior Executive to Lead Global HR and Talent Agenda Aon Corporation (NYSE: AON), the leading global provider of risk management and human resource consulting and outsourcing, today announced the appointment of Greg Besio, a senior executive of the firm since 2007, as Chief Human Resources Officer. Besio replaces Jeremy Farmer, Senior Vice President and Global Head of Human Resources, who will serve as a senior adviser to Besio as part of a previously planned retirement transition. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO) "The commitment to our 60,000 global colleagues and to developing our talent has never been greater," said Greg Case, President and Chief Executive Officer of Aon. "Greg Besio has been an active and key participant in Aon's most important strategic business priorities since joining our firm, and I am delighted that he will now lead our global HR function and drive our talent strategy." Since joining Aon, Besio has led a number of strategic... 07/07/11 Heavy June Flooding Results in $5.4bn Economic Loss for China, According to Aon Benfield Catastrophe Study Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corporation (NYSE: AON), today releases the latest edition of its Monthly Cat Recap report, which reviews the natural disaster perils that occurred worldwide during June. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO) Published by Impact Forecasting, the firm's catastrophe model development center of excellence, the report reveals that heavy flooding in China during the month directly impacted at least 37 million people, displacing around 1.6 million residents and submerging nearly one million hectares of farmland, according to the country's Ministry of Civil Affairs. The deluge impacted 13 central and southern provinces including the Yangtze River Basin, killing at least 199 people with dozens more remaining missing. More than 500,000 homes were damaged or destroyed and hundreds of roads, bridges and railways were submerged, resulting in a direct economic loss listed at CNY35 billion (USD5.41... 07/06/11 Aon Benfield Achieves Flat to Decreasing Pricing on U.S. Reinsurance Programs for Clients, According to June and July 1 Renewals Report Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corporation (NYSE: AON), today releases its Reinsurance Market Outlook - June & July 2011 Reinsurance Renewals Update report, which highlights the trends witnessed during both the June 1 and July 1 reinsurance renewals periods. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO) The report reveals that the renewals brought meaningful rate changes to regions affected by the significant catastrophe events of the first quarter, including the March 11 earthquake and tsunami in Japan, and the February 22 earthquake and aftershocks in New Zealand. However, while the market and other reinsurance intermediaries reported price increases of up to 15 percent in less- or non-affected areas, Aon Benfield achieved rates of flat to -5 percent for its clients. On U.S. programs with co-broking arrangements, reinsurance pricing at renewal was significantly less favorable on average compared to those... 06/28/11 Aon Expands Construction Leadership in the Southeast Aon Risk Solutions, the global risk management business of Aon Corporation (NYSE: AON), today announced the addition of Senior Vice President David Langman to Aon Risk Solutions' Construction Services Group. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO ) Langman will lead strategic efforts in the Southeast region including the implementation of the Aon Client Promise®, a four-step methodology for delivering the industry's best content, capabilities and personalized service to clients around the world. He will be responsible for targeted new client development and retention throughout the Southeast as well as the advancement of Aon's public-private partnership abilities throughout the U.S. "David's addition to our team and the value he'll add to our collective knowledge base helps us continue to expand the Aon leadership margin in the Southeastern U.S.," said Alejandra Evans , Southeast regional managing director of Aon Risk Solutions' Construction Services Group .... 06/15/11 Aon Enters Into $450 Million Term Credit Agreement Aon Corporation (NYSE: AON) announced today its execution of a $450 million Term Credit Agreement (the "Agreement"). The loans incurred under the Agreement will mature on October 1, 2013 and will bear interest at a variable annual rate of Libor plus a margin which varies depending on the Company's public debt ratings. As of the closing of the Agreement, the applicable interest rate is Libor plus 137.5 basis points, currently 1.56%. Net proceeds of the loans under the Agreement were used, together with the net proceeds of the $500 million of our Senior Unsecured Notes issued May 24, 2011, for the complete repayment and termination of Aon's $1 billion three-year Term Credit Agreement, which was entered into in connection with the merger transaction with Hewitt Associates Inc., had an outstanding principal balance of approximately $450 million as of June 15, 2011 (after application of the proceeds from the sale of the Senior Unsecured Notes), and bore interest at a variable annual rate... 06/15/11 Industry Reserve Redundancy USD22 Billion at Year-End 2010 According to Aon Benfield Study Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corporation (NYSE: AON), has updated its U.S. industry reserve adequacy study with year-end 2010 data. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO) The new study, compiled by Aon Benfield Analytics, shows that the overall industry redundancy is USD22.0 billion versus USD21.9 billion at year-end 2009, after the industry released USD10.5 billion of reserves during 2010. The study is based on an analysis of U.S. statutory Schedule P triangles. It builds up the total industry position from a by-line analysis. The indicated USD22.0 billion of reserve redundancy across all lines of business is split between personal lines USD6.5 billion, commercial property USD1.5 billion, commercial liability USD9.9 billion, and workers compensation USD6.5 billion, offset by a deficiency in financial guaranty of USD2.4 billion. Aon Benfield estimates that USD9.8 billion of favorable development will emerge in... 06/14/11 Fluidity of Technology Development and Deployment Provides Business Opportunity While Creating Unexpected Risk Aon annual study finds business interruption and cyber crime in the top 10 concerns of technology and communications organizations Constant change in the development and use of technology is posing greater risk while offering increased opportunity to technology and communications companies, finds the 2011 Technology and Communications U.S. Industry Report of Aon Risk Solutions, the global risk management business of Aon Corporation (NYSE: AON). The economic slowdown and increasing competition top the list, reaffirming that companies are still concerned about economic recovery and feeling pressure to obtain and retain business. The failure to innovate and meet customer needs jumped from number eight in the 2010 Technology and Communications report to the number three risk this year. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO) Rounding out the Top 10 list of risks for technology and communications organizations identified by Aon's report are: Business... 06/14/11 Kevin White Promoted to CEO of Aon Risk Solutions' Construction Services Group Aon Corporation (NYSE:AON), the leading global provider of risk management and human resource consulting and outsourcing, announced today that Kevin White, president and chief operating officer of Aon Risk Solutions' Construction Services Group, has been promoted to the role of chief executive officer. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO) White assumed this role as of June 13th. He replaces Peter Arkley, who has left the firm to pursue other opportunities. Additional members of the Construction Services Group leadership team, Bill Marino, Geoff Heekin and Henry Lombardi, remain in place and will continue to serve clients and colleagues in their current roles. "These impressive executives have contributed to make Aon Risk Solutions' Construction Services Group the industry leader in this space, and their proven performance will ensure the continued delivery of the most thoughtful and effective risk solutions for our clients," said Steve McGill, chairman... 06/13/11 From Nuisance to Bottom Line Pest, Bed Bugs No Match for New Products From Aon, GEP and Terminix Solution introduced for hotels, landlords, student housing, businesses and leisure travelers According to a survey released earlier this year by the National Pest Management Association, one out of five Americans has had a bed bug infestation in their home or knows someone who has encountered bed bugs at home or in a hotel. In response to the growing bed bug epidemic, Aon Risk Solutions, the global risk management business of Aon Corporation (NYSE: AON), announced today its strategic alignment with Global Excess Partners, an innovator in the insurance specialty products business, and Terminix, the national leader in pest control services, to unveil the first ever bed bug insurance solution for hotels, landlords, student housing, corporate businesses and leisure travelers. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO) This suite of products offers an integrated pest management approach to specifically target bed bugs and combines insurance coverage with Terminix's... 06/08/11 Extremely Active Severe Weather Season Brings Continued Misery to Parts of the U.S., According to Aon Benfield's May Catastrophe Study Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corporation (NYSE: AON), today releases the latest edition of its Impact Forecasting Monthly Cat Recap report, which reviews the natural disaster perils that occurred worldwide during May. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO) Published by Impact Forecasting, the firm's catastrophe model development center of excellence, the report reveals that after a highly active April, severe weather events continued in the U.S. during the month of May with multiple outbreaks that left at least 169 people dead and more than 1,500 others injured. According to the U.S. Storm Prediction Center, one particular outbreak during the latter half of the month spawned at least 275 unconfirmed tornado touchdowns across an area stretching from southern Texas to New England. The most devastating tornado came in the city of Joplin, Missouri, where a confirmed EF-5 - the highest level on the Enhanced... 06/07/11 Political Upheaval Prompts Rethink on Terrorism Risk Management: Aon Map Political violence, strikes and war join terrorism as key threats to businesses Political violence, strikes, riots, civil war and war threaten the sustainable growth, continuity and profitability of businesses as much as terrorism, according to Aon Risk Solutions, the risk management business of Aon Corporation (NYSE: AON). Consequently, for the first time in its 10-year history, Aon's annual Terrorism Threat Map now also takes these factors into account in assessing the severity of threats businesses face around the world. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO) The 2011 Aon Terrorism and Political Violence Map shows increased risk of political violence in the Middle East and North Africa, reflecting the significant turbulence of the Arab Spring uprisings in the region. The risk of coup d'etat and rebellions in Africa reflect a continent that presents a significant political violence risk. Civil unrest and labor disputes arising from austerity measures in... 06/06/11 Aon Hewitt Wins the Most Top Employee Benefit Consultant Awards Human Resource Executive and Risk & Insurance magazines recognize consultants For the fourth consecutive year, consultants with Aon Hewitt, the global human resource consulting and outsourcing solutions business of Aon Corporation (NYSE: AON), were recognized with more Top Employee Benefit Consultant(TM) awards than any other firm. Thirteen executives and five finalists were honored in Human Resource Executive and Risk & Insurance magazines' annual list of most influential employee benefits experts. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO) Winners were awarded in four industry categories, including private sector health care, public sector health care, retirement and voluntary/disability. Richard Klima received the distinguished honor of being named Responsibility Leader®; a designation presented to six Top Employee Benefit Consultant winners whose achievements not only benefited their clients and company, but also positively impacted their... 06/06/11 Long Term Care Liability Costs on the Rise Nationwide, According to Aon Study California, Kentucky, Tennessee and West Virginia face highest costs A 4 percent annual increase in the average claim size is responsible for the growth of long term care liability costs, according to Aon Risk Solutions' 2011 Long Term Care General Liability and Professional Liability Actuarial Analysis. The study was released today by Aon Corporation (NYSE: AON) in partnership with the American Health Care Association. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO) The yearly analysis measures the severity and frequency of liability claims, tracks the loss rate (liability cost) as a percentage of the Medicaid per diem reimbursement rate and calculates the overall loss rate per occupied long term care bed in the U.S. to help gauge the level of risk facing long term care providers. Nationwide, the severity of liability claims increased steadily from $125,000 in 2005 to $153,000 in 2010. In 2011, claims severity is projected to reach $159,000. In addition, the average... 06/02/11 Employers Stress Healthier Habits and Behavior Change in an Effort to Lower Health Care Costs Some Impose Penalties for Inaction or Lack of Results Employers are beginning to rely more on employees to stem the tide of rising health care costs, but the inability to motivate and change habits has prompted concern, according to Aon Hewitt, the global human resource consulting and outsourcing business of Aon Corporation (NYSE: AON). (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO) Aon Hewitt surveyed 1,028 employers nationwide in its 2011 Health Care Survey and found that the top health care outcomes organizations would like to achieve this year are improving employee health habits (56 percent), lowering the health care cost trend (49 percent), decreasing worker health risk (44 percent), increasing participant awareness of health issues (37 percent) and enhancing participation in health improvement/disease management programs (37 percent). This survey suggests that success may be difficult, as 56 percent of respondents say motivating participants to change unhealthy... 05/24/11 Aon Hewitt Study Shows Record-High Participation in Defined Contribution Plans Driven by Automatic Enrollment Despite High Participation, Automatic Enrollment Is Hindering Contribution Rates As more employers use automatic enrollment, a new study from Aon Hewitt, the global human resources outsourcing and consulting company of Aon Corporation (NYSE: AON), reveals that employees are participating in employer-sponsored defined contribution (DC) plans at a record high rate. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO) Aon Hewitt's analysis of DC saving and investing behaviors of more than 3 million employees across 120 large companies, shows that more than three quarters (75.8 percent) of eligible employees participated in their company's defined contribution plan in 2010 - the highest level since Aon Hewitt began tracking this data in 2002. This is up from 73.7 percent in 2009 and 67.2 percent in 2005. This record-high participation rate is due in large part to the rapid adoption of automatic enrollment. Three in five employers automatically enrolled employees into their... 05/24/11 Aon Announces the Pricing of $500 Million of Senior Unsecured Notes Aon Corporation (NYSE: AON) announced today the pricing of $500 million of senior unsecured notes in an underwritten public offering ("Notes"). The Notes will mature on May 27, 2016 and bear interest at a fixed annual rate of 3.125%. The offering is expected to close on May 27, 2011. Net proceeds from the offering will be used for the partial repayment of Aon's $1 billion three-year Term Credit Agreement which was entered into in connection with the merger transaction with Hewitt Associates and has an outstanding principal balance of approximately $950 million as of May 24, 2011, and bears interest at a variable annual rate of Libor plus 250 basis points, currently 2.71%. Morgan Stanley & Co. Incorporated and Merrill Lynch, Pierce, Fenner & Smith Incorporated acted as joint book-runners and lead managers with Goldman, Sachs & Co. as co-lead manager, and Aon Benfield Securities, Inc., Credit Suisse Securities (USA) LLC, Citigroup Global Markets Inc., Deutsche Bank... 05/23/11 Aon Congratulates Manchester United on Record 19th Premier League Championship Aon Corporation (NYSE: AON), the principal partner and global shirt sponsor of Manchester United, today congratulated the club on winning its record-setting 19th Premier League Championship. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO) "On behalf of the nearly 60,000 global Aon colleagues, I want to congratulate the players, Sir Alex Ferguson, David Gill, and everyone at Manchester United for their role in winning the English Premier League Championship for a record 19th time," said Greg Case, president and chief executive officer of Aon. "As my colleagues and I watched the team hoist the trophy in front of their adoring and passionate fans at Old Trafford, all of us associated with Aon, whether we were there in person or watched via the Internet or television, felt very proud to be associated with what is the number one team in the world's number one sport. We wish Sir Alex and the team the best of luck as they now prepare for the European Championship on May 28th."... 05/19/11 OptaComp Goes Live on Aon eSolutions Claims Administration Platform Streamlined implementation process and tight project management led to rapid system deployment and improved claims cycle Aon eSolutions, the technology solutions business of Aon Corporation (NYSE: AON), today announced that OptaComp, the premier Florida provider of workers' compensation insurance products and services for fully insured and self-insured organizations, completed implementation of the Aon eSolutions iVOS Claims Administration Platform. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO) In the world of workers' compensation, OptaComp developed a model to take an aggressive approach to keep injured workers on the job while delivering the right care at the right time with the right clinician. This approach enabled the company to achieve phenomenal growth in the market. OptaComp selected the Aon eSolutions Claims Administration Platform for its advanced flexibility and functionality to adapt to its unique business model and plans for continued expansion. Bob... 05/16/11 Kristi Savacool and Baljit Dail to Serve as Co-CEOs of Aon Hewitt CHICAGO, May 16, 2011 /PRNewswire/ - Aon Corporation (NYSE:AON), the leading global provider of risk management and human resource consulting and outsourcing, announced today that two members of Aon Hewitt's senior leadership: Kristi Savacool, chief executive officer of Benefits Administration, and Baljit Dail, chief executive officer of Consulting, will become co-chief executive officers of Aon Hewitt, effective immediately. They will serve as members of the Aon executive committee and report to Greg Case, president and chief executive officer of Aon. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO) Savacool and Dail will replace Russ Fradin of Aon Hewitt, who is leaving to become chief executive officer of SunGard upon the completion of his transition from Aon. Fradin had served as chairman and chief executive officer since the merger in 2010 and as chairman and chief executive officer of Hewitt Associates since 2006. Case said, "Kristi and Bal, serving as... 05/13/11 Aon to Hold Annual Meeting of Stockholders on May 20 CHICAGO, May 13, 2011/PRNewswire/ - Aon Corporation (NYSE: AON) will hold its Annual Meeting of Stockholders on Friday, May 20, 2011 at 8:30 a.m. Central Time in the Indiana Room located at the firm's corporate headquarters in Chicago, Illinois. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO) A listen-only webcast of the presentation and question-and-answer session with shareholders attending the meeting will be available via www.aon.com and will be archived for two weeks. About Aon Aon Corporation (NYSE:AON) is the leading global provider of risk management services, insurance and reinsurance brokerage, and human capital solutions and outsourcing. Through its more than 59,000 colleagues worldwide, Aon unites to deliver distinctive client value via innovative and effective risk management and workforce productivity solutions. Aon's industry-leading global resources and technical expertise are delivered locally in over 120 countries. Named the world's best broker by... 05/10/11 Aon Hewitt Survey Reveals Pension Plan Sponsors Increasingly Adopting Liability-Matching Investments in an Effort to Reduce Volatility Plan Sponsors Shifting Asset Allocation Away from Domestic Equities A new survey from Aon Hewitt, the global human resources outsourcing and consulting business of Aon Corporation (NYSE: AON), found that after years of market turmoil, pension plan sponsors are shifting their asset allocation away from domestic equities in favor of liability-matching investments in an effort to reduce plan volatility. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO ) Aon Hewitt's survey of 227 large U.S. employers, representing $389 billionin total assets revealed that in 2010, 38 percent of sponsors reduced their exposure to domestic equities and the same percentage expects to do so in 2011. Just 4 percent expect to increase domestic equity exposure. Plan sponsors are primarily shifting assets to liability-matching investments with long-duration corporate bonds as the asset of choice. Nearly a third (32 percent) of plan sponsors expect to increase allocation to long-duration bonds and 24... 05/10/11 Aon Zero Collateral Deductible Program to Help Organizations Maximize Liquidity New offering developed via Aon GRIP Solutions lifts burden of collateral requirements Aon Risk Solutions, the global risk management business of Aon Corporation (NYSE: AON), announced today the Aon Zero Collateral Deductible Program, a one-of-a-kind, balance sheet-friendly alternative to traditional collateral programs, for its U.S. clients. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO) "When we decided last year to invest in the creation of Aon GRIP Solutions, we did so with the objective of increasing the value our clients receive from their carrier relationships," said Eric Andersen, CEO of Aon Risk Solutions U.S. "The Aon Zero Collateral Deductible Program is a shining example of how our commitment to partner with carriers to develop unique and impactful products can benefit our clients, and the first of many to come." Aon is partnering with QBE, a leading insurer, to offer this program. In lieu of traditional collateral requirements, organizations will be... 05/03/11 Aon Hewitt Survey Shows Gap in Leadership Effectiveness and Lack of Confidence to Drive Change Hiring trends on the rise for the majority of organizations CHICAGO, May 3, 2011 /PRNewswire/-The 2011 Talent Survey released today by Aon Hewitt, the global human resource consulting and outsourcing solutions business of Aon Corporation (NYSE: AON), finds a significant capability gap in leaders, as most organizations focus on growth in today's post-recession environment. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO) Aon Hewitt surveyed 1,328 employers nationwide and found that leaders play a vital role in meeting business goals (56 percent), meeting profitability targets (56 percent), delivering service (56 percent) and retaining talent (44 percent). However, only 12 percent of respondents say their leaders are extremely effective at meeting business goals. What's more, just 14 percent believe their leaders are extremely effective at meeting profitability targets, 17 percent say the same holds true for delivering service and 7 percent believe their leaders are... 05/02/11 Technology Failure and Lack of Innovation Join Talent Recruitment Among Top 10 Risks Ranked By Business Leaders: Aon Global Risk Management Survey Report Economic slowdown tops list again as organizations focus on growth and business fundamentals Business leaders across the globe identified economic risk as the greatest threat they face today, but also emphasized the need to innovate, mitigate technology failure and manage talent to compete in the future, according to the findings of Aon's 2011 Global Risk Management Survey. The web-based biennial report was released today by Aon Risk Solutions, the global risk management business of Aon Corporation (NYSE: AON). (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO) As the global economy continues to recover, the threat of sustained economic trouble weighs heavily on the nearly 1,000 business professionals from 58 countries who participated in the 2011 Global Risk Management Survey. This group identified the economic slowdown as the number one risk facing organizations across all geographies, with 67 percent of respondents reporting loss of income in the last 12 months... 04/29/11 Aon Reports First Quarter 2011 Results - Total revenue increased 45% to $2.8 billion with organic revenue growth of 2% - - EPS from continuing operations increased 13% to $0.71 - First Quarter Highlights EPS from continuing operations, excluding certain items, was $0.80 Risk Solutions revenue increased 4% to $1.6 billion with organic revenue growth of 2% Risk Solutions operating margin was 18.6% and the operating margin, excluding certain items, decreased 150 basis points to 19.0% HR Solutions revenue increased 247% to $1.1 billion with flat organic revenue HR Solutions operating margin was 11.0% and the operating margin, excluding certain items, decreased 300 basis points to 14.4% Repurchased 6.8 million shares of common stock for approximately $350 million Subsequent to the close of the first quarter, completed the acquisition of Glenrand M I B, significantly strengthening Aon's position in South Africa Aon Corporation (NYSE: AON) today reported results for the first quarter ended March 31, 2011. Net income attributable... 04/27/11 Aon Hewitt Establishes a Health Care Exchange for Corporate Clients Nation's Leader in Outsourcing Administration Sees Natural Extension from its Retiree Exchange Aon Hewitt, the global human resource consulting and outsourcing business of Aon Corporation (NYSE: AON), today announced plans to offer a corporate health care exchange to employers nationwide, targeting 1,000 or more full-time employees, beginning as early as 2012. Aon Hewitt has been providing and administering retiree medical exchanges for several years. In anticipation of changes to the insurance market, the organization is extending its exchange model to offer employers a viable option for active employees. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO) "Health reform creates an opportunity for employers to re-examine the way in which they provide health benefits to employees," said Ken Sperling, global Health & Benefits Practice leader with Aon Hewitt. "Leveraging the efficiencies and market competition in an exchange environment has the potential to provide... 04/26/11 Aon Risk Solutions Names Chris Baudouin CEO, Aon Global Client Network Aon Risk Solutions, the global risk management business of Aon Corporation (NYSE: AON), today announced the appointment of Christopher Baudouin as chief executive officer of the Aon Global Client Network. Unsurpassed in geographic breadth and depth of talent, the Aon Global Client Network of offices remains the largest majority-owned network. With a team of more than 1,200 professionals, the Aon Global Client Network specializes in providing risk management advice and delivering superior service to multinational clients in every segment. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO ) Most recently, Baudouin served in a dual capacity as president and CEO of Aon Risk Solutions Mexico and chief operating officer of Aon Risk Solutions in Latin America. In his new role, he assumes responsibility for the international Aon Global Client Network team. "The Aon Global Client Network is the backbone of Aon's operations, and is at our clients' disposal around the globe," said... 04/26/11 Aon Builds on Winning Streak of Loss Portfolio Transfers, Formalizes Dedicated Practice Aon Risk Solutions, the global risk management business of Aon Corporation (NYSE: AON), announced the consolidation of its loss portfolio transaction expertise with the creation of its Loss Portfolio Transactions Practice. The team will be led by Carol Murphy, a managing director based in Aon's world headquarters in Chicago. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO ) With more than $300 million in loss portfolio transfer premiums placed since 2009, Aon Risk Solutions has established itself as the leader in structuring and effecting loss portfolio transactions. While legacy transactions have consistently been used on the reinsurance side of the industry, economic drivers dictate the need for this approach for commercial clients as well. Loss portfolio transfers are widely applicable to organizations in merger and acquisition situations as well as those with high collateral obligations, looking to exit self-insurance, or hedge against volatility. Through loss... 04/25/11 Aon Hewitt Ranked Top Multi-Process HRO Provider by HRO Today Magazine Aon Hewitt, the global human resource consulting and outsourcing business of Aon Corporation (NYSE: AON), today announced it is ranked as the number one Multi-Process Human Resource Outsourcing (HRO) provider on HRO Today Magazine's 2011 Baker's Dozen list. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO) The publication surveyed HRO buyers on a series of questions about their service providers and their level of satisfaction with those providers. In addition to the best overall score, Aon Hewitt earned the top spot in two of three categories: breadth of service and quality of service. "This recognition means a lot to us because it is based on client feedback," said Jim Konieczny, chief executive officer, HR business process outsourcing, Aon Hewitt. "It is a strong endorsement of our capabilities and the quality of the service we provide. Most importantly, it demonstrates the value we bring to clients on a daily basis." "Aon Hewitt has demonstrated its market leadership... 04/20/11 Aon Appoints Global CEO of Captive and Insurance Management Practice Aon Risk Solutions, the global risk management business of Aon Corporation (NYSE: AON), announced today that Peter Mullen has been appointed chief executive officer of Aon Global Risk Consulting's Captive and Insurance Management operations. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO) Mullen joins Aon from Bermuda-based Artex Risk Solutions and brings more than 25 years experience in insurance management and underwriting. Stephen Cross, CEO of Aon Global Risk Consulting and Aon GRIP Solutions, said, "Peter is a leading figure in the insurance industry, and the expertise and experience he brings to this role will be invaluable for our clients and colleagues globally." Mullen joins the Captive and Insurance Management leadership team of: Nancy Gray, regional managing director for the Americas John English, regional managing director for Europe, the Middle East and Africa Vic Pannuzzo, regional managing director for Asia-Pacific Vincent Barrett, managing director... 04/20/11 Aon Hewitt Report Shows Potential Impact of Health Care Reform on Retiree Medical Programs Most Employers Assessing Current Retiree Benefits Most large employers are now beginning to rethink their retiree health care strategy as a result of federal health care reform, according to a recent report by Aon Hewitt, the global human resource consulting and outsourcing business of Aon Corporation (NYSE: AON). (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO) In late 2010, Aon Hewitt surveyed 344 companies, representing 2.2 million retirees nationwide, and found that 61 percent were either already evaluating or were expected to evaluate their long-term retiree medical strategy by the end of 2011, due to health care reform. Meanwhile, 23 percent of respondents indicated they were still considering whether to assess their current strategy and only 16 percent had no immediate plans to review their current approach. "Health care reform creates both challenges and opportunities for employers sponsoring retiree medical programs," said John Grosso, retiree health care group... 04/18/11 Aon Announces First Quarter 2011 Earnings Release and Conference Call Aon Corporation (NYSE: AON) plans to announce first quarter 2011 results on Friday, April 29, 2011 in a news release to be issued before the market opens. Greg Case, president and CEO, will host a conference call at 7:30 am Central Time on Friday, April 29, 2011. The conference call will be broadcast live through Aon's website at www.aon.com. Windows Media Player is required to listen to this webcast. A replay will be available shortly after the live webcast. The earnings release will be available on Aon's web site at www.aon.com. About Aon Aon Corporation (NYSE:AON) is the leading global provider of risk management services, insurance and reinsurance brokerage, and human capital solutions and outsourcing. Through its more than 59,000 colleagues worldwide, Aon unites to deliver distinctive client value via innovative and effective risk management and workforce productivity solutions. Aon's industry-leading global resources and technical expertise are delivered locally in over 120... 04/13/11 Aon Declares Quarterly Dividend Aon Corporation (NYSE: AON) today announced that the Board of Directors has declared a quarterly cash dividend of $0.15 per share on outstanding common stock. The dividend is payable on May 16, 2011 to shareholders of record on May 2, 2011. About Aon Aon Corporation (NYSE:AON) is the leading global provider of risk management services, insurance and reinsurance brokerage, and human resources solutions and outsourcing. Through its more than 59,000 colleagues worldwide, Aon unites to deliver distinctive client value via innovative and effective risk management and workforce productivity solutions. Aon's industry-leading global resources and technical expertise are delivered locally in over 120 countries. Named the world's best broker by Euromoney magazine's 2008, 2009 and 2010 Insurance Survey, Aon also ranked highest on Business Insurance's listing of the world's insurance brokers based on commercial retail, wholesale, reinsurance and personal lines brokerage revenues in 2008 and 2009.... 04/01/11 Reinsurance Market Performs as Intended Through Recent Events - Continues to Provide Stability and Accretive Capital to Insurers Extensions seen on Japan programs as reinsurers evaluate earthquake impact Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corporation (NYSE: AON), today releases the latest iteration of its Reinsurance Market Outlook report, which provides an overview of the key trends witnessed at the April 1 reinsurance renewals. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO) The report reveals that despite a string of meaningful insurance events and associated regional adjustments in pricing, global individual and aggregated losses have been insufficient to stop the continuing decline in U.S. and European property catastrophe rates. The April 1 renewals season saw U.S. property catastrophe rates, for programs including hurricane risks, decrease by 5 to 10 percent. Aon Benfield forecasts that the forthcoming June and July renewals period will find price changes of flat to down 5 percent for U.S. hurricane-driven programs - a decrease in the rate of... 03/22/11 Aon to Address Impact of Japan Earthquake and Pacific Tsunami, Identify Important Steps to Manage Risk in March 23 Webinar Risk managers and C-suite to gain understanding of how disasters may impact overall cost of risk WHAT: As the impact of the Japan Earthquake and Pacific Tsunami continue to unfold, we are reminded of the evolving nature of risk and the impact a single event can have on our globe. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO) In the wake of these events, please join Aon's network of risk experts and relationship managers to discuss topics demanding attention in the wake of this event, including contingent business interruption, supply and customer chain exposures and the potential impact of Q1 2011 catastrophes on the insurance marketplace. Speakers: Steve McGill - Chairman and Chief Executive Officer - Aon Risk Solutions Stephen Cross - Chief Executive Officer - Aon Global Risk Consulting Bharat Kannan - Director and Chief Strategy Officer - Aon Japan Limited Laurie Champion - Former Fortune 100 Global Risk Manager and Head of ERM Practice for Aon Global Risk... 03/22/11 Aon Hewitt Ranked Number One in 10 of 11 Categories in The Black Book of Outsourcing Datamonitor Reports on the State of the Global Human Resources Outsourcing Industry for 2010 Aon Hewitt, the global human resource consulting and outsourcing business of Aon Corporation (NYSE: AON), announced today it was ranked as the clear leader in HR Outsourcing (HRO), according to Datamonitor's 2010 Black Book of Outsourcing. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO) Datamonitor, the global business analyst, conducted an online survey of more than 800 HRO customers globally in late 2010, focused on measuring customer satisfaction with outsourced services, including benefits administration. The results show Aon Hewitt as the number one HRO provider in 10 of 11 categories, such as problem resolution, partnership approach, risk mitigation, and skills and resources. However, what's most impressive is Aon Hewitt's number one ranking in overall customer satisfaction for HRO and benefits administration. In fact, Aon Hewitt earned a customer satisfaction rating... 03/18/11 Aon Receives Business Insurance Innovation Award for its Litigation Analysis, Mitigation and Benchmarking of Defense Attorneys Solution LAMBDA empowers risk managers to improve their organizations' total cost of risk Business Insurance magazine recognized Aon Risk Solutions, the global risk management business of Aon Corporation (NYSE: AON), with a 2011 Innovation Award for its Litigation Analysis, Mitigation and Benchmarking of Defense Attorneys solution. LAMBDA enables risk managers to improve their organizations' total cost of risk by identifying which legal defense firms provide the best outcomes at the optimal fee. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO ) The LAMBDA solution uses data mining and predictive analytics techniques to identify the legal defense firms that deliver the optimum financial outcomes for clients. This offering helps risk managers understand their underlying legal costs. By placing the focus on performance rather than hourly rates or billing practices, clients can determine the relative effectiveness of the defense firms they engage. "This casualty risk consulting... 03/08/11 Aon Hewitt to Provide Fully Integrated Advisory Services to Defined Contribution Plan Participants Financial Engines to Serve as Independent Sub-Advisor and Provide Advisory Platform to Support New Service Aon Hewitt, the global human resources consulting and outsourcing business of Aon Corporation (NYSE: AON), today announced that it will introduce a fully integrated advisory program to its 401(k) recordkeeping clients as it continues to focus on offering services to help improve financial security for American workers. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO ) Under the relationship, Aon Hewitt Financial Advisors, LLC, an Aon Hewitt subsidiary, will serve as the provider of investment advisory services and serve as the fiduciary of the advice and management provided. After a careful search, Financial Engines was selected to serve as the independent sub-advisor and will provide the advisory platform to deliver the service, expanding the established strategic alliance between Aon Hewitt and Financial Engines. "Our research(1) shows that just 18 percent of... 03/03/11 Aon eSolutions Promotes Industry Veterans to Drive Global Leadership of Technology Products and Services New appointments announced for claims product, research and development, and policy administration and billing systems Aon eSolutions, the technology solutions business of Aon Corporation (NYSE: AON), today announced three senior-level appointments to its product management team: (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO ) Ritza Vaughn has been promoted to global product director of claims. She will lead product planning and strategic development in this area. Jeffrey Miller has been promoted to global product director of research and development for all of Aon eSolutions' flagship products as well as future platforms and services. Lorna Martin has been promoted to global product director of policy administration and billing. She will drive the functionality of these products to ensure clients receive superior value through increased processing efficiency and a streamlined ability to launch new insurance policy products. "Over the course of their careers, these... 03/01/11 Aon Announces Pricing by Canadian Subsidiary of Cdn$375 Million of Its 4.76% Senior Unsecured Debentures Due March 8, 2018 Aon Corporation (NYSE: AON) announced today the pricing by its indirect, wholly-owned Canadian subsidiary, Aon Finance N.S. 1, ULC (the "Issuer"), of Cdn$375 million of the Issuer's Senior Unsecured Debentures due March 8, 2018 (the "Debentures"). The Debentures will bear interest at a fixed annual interest rate of 4.76% payable in semi-annual installments. Aon will unconditionally and irrevocably guarantee the payment of the principal and interest on the Debentures. The Issuer intends to use the net proceeds from the sale of the Debentures for the repayment of its Cdn$375 million 5.05% debt securities due April 12, 2011 . The Debentures have been offered for sale on a private placement best efforts basis only to accredited investors resident in Canada in reliance upon exemptions from the prospectus requirement under applicable Canadian securities legislation. The closing of the sale of the Debentures is subject to customary conditions. The Debentures have not been, and will not be,... 02/17/11 Aon Wins More Risk & Insurance Power Broker Awards Than Any Other Firm For the second year in a row, more professionals from Aon Risk Solutions, the global risk management business of Aon Corporation (NYSE: AON), received Risk & Insurance(R) Power Broker(R) awards than any other firm - taking home 46 of the 144 awards given across 24 industry categories. Aon leaders also dominated seven of the categories, including Aviation, Construction, Energy, Fine Arts, Global, Marine and Public Sector. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO ) Two Aon professionals, Jim Aylsworth, managing director of Aon Risk Solutions' Energy Specialty and Kevin Kalinich, managing director of Aon Risk Solutions' Financial Services Group, received the distinguished honor of being named Responsibility Leader(R); a designation presented to 10 Power Brokers whose achievements not only benefited their clients and company, but also positively impacted their communities. In addition, continuing an unbreakable streak since the award's inception in 2006, Marshall... 02/17/11 Aon Receives Perfect Rating on Corporate Equality Index for Fourth Straight Year Firm Recognized by Human Rights Campaign Foundation for its Ongoing Commitment to Providing a Diverse and Inclusive Work Environment Aon Corporation (NYSE: AON) today announced that for the fourth straight year it has received a perfect 100 percent rating in the Human Rights Campaign Foundation's Corporate Equality Index. Aon was one of 337 U.S. companies to achieve this honor. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO ) The Corporate Equality Index rated 615 companies on the extent to which they protected their gay, lesbian, bisexual and transgender employees, consumers and investors. Ratings are based on such factors as nondiscrimination policies, diversity training and benefits for domestic partners and transgender employees. " Diversity and inclusion are at the core of Aon's 59,000 colleagues, and we are honored to win this prestigious rating for the fourth straight year," said Greg Case , president and chief executive officer of Aon. "At Aon, people are our... 02/07/11 Aon Corporation to Present at the Bank of America Merrill Lynch Insurance Conference Aon Corporation (NYSE: AON) today announced that Greg Case, President and CEO, and Christa Davies, Executive Vice President and CFO, will present at the Bank of America Merrill Lynch Insurance Conference in New York on Tuesday, February 15, 2011 at 3:45 p.m. Eastern Time. Interested parties can listen to the presentation via a live audio webcast at www.aon.com. About Aon Aon Corporation (NYSE: AON) is the leading global provider of risk management services, insurance and reinsurance brokerage, and human capital solutions and outsourcing. Through its more than 59,000 colleagues worldwide, Aon unites to deliver distinctive client value via innovative and effective risk management and workforce productivity solutions. Aon's industry-leading global resources and technical expertise are delivered locally in over 120 countries. Named the world's best broker by Euromoney magazine's 2008, 2009 and 2010 Insurance Survey, Aon also ranked highest on Business Insurance's listing of the world's... 02/04/11 Aon Reports Fourth Quarter and Full Year 2010 Results - Total revenue increased 40% to $2.9 billion with organic revenue growth of 2% - - EPS from continuing operations increased 37% to $0.67 - Fourth Quarter Highlights EPS from continuing operations, excluding certain items, was $0.84 Risk Solutions revenue increased 4% to $1.8 billion with organic revenue growth of 3% Risk Solutions operating margin was 21.2% and the operating margin, excluding certain items, increased 70 basis points to a record 21.9% Closed the merger of Hewitt Associates, Inc. with Aon on October 1, 2010 HR Solutions revenue increased 229% to $1.2 billion with flat organic revenue HR Solutions operating margin was 7.5% and the operating margin, excluding certain items, decreased 730 basis points to 13.6% Repurchased 3.6 million shares of common stock for approximately $150 million Aon Corporation (NYSE: AON) today reported results for the fourth quarter and full year ended December 31, 2010 . Net income attributable to Aon stockholders increased 17% to $231 million... 01/28/11 Aon Merges M&A Advisory Teams in Global Risk and Human Resource Consulting to Meet Increased Client Demand Corporate and private equity clients to benefit from integrated risk and human capital solutions Aon Corporation (NYSE: AON), the leading global provider of risk management services, insurance and reinsurance brokerage, and human resource consulting and outsourcing, today said it has united its merger and acquisition practices to form Aon M&A Solutions, the largest provider of M&A risk and human capital solutions in the world. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO) Aon M&A Solutions will be led by Mark Arian and Brian Casey. Brian Cochrane will lead global sales and innovation. The group will be comprised of approximately 100 M&A professionals around the globe working in collaboration with specialty product, solution and industry practices across Aon. The group will be responsible for M&A-related client and project management, and for delivering innovative solutions to Aon's corporate and private equity clients. "To meet the pent-up demand... 01/27/11 Aon Appoints Industry-leading Talent to Technology Practice Helm Aon Risk Solutions, the global risk management business of Aon Corporation (NYSE: AON), announced today that Shawn Ram was promoted to national Technology Practice leader. Most recently serving as an account executive and the San Francisco Bay area Technology Practice leader, Ram has worked with many clients in Silicon Valley and across the country for more than 10 years to deliver risk advisory services. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO ) The U.S. technology sector grew nearly twice as fast as the overall economy in 2010 and that trend is expected to continue into 2011, according to Forrester Research. This growth is the result of investments in cloud and smart computing solutions, which will provide the tools for companies to grow profits. "This continued boom opens the door to challenges and opportunities for our clients in 2011," said Shawn Ram , national Technology Practice leader of Aon Risk Solutions. "Evolving risks, such as those emanating from... 01/26/11 Aon Hewitt Survey Shows Employers Offering Workers More Help to Meet Retirement Goals Employers Focus on Supporting Employee Accountability and Actions in Savings Plans for 2011 According to a report released by Aon Hewitt, the global human resources consulting and outsourcing business of Aon Corporation (NYSE: AON), companies have little confidence that workers are taking the actions necessary to meet their retirement savings needs. Aon Hewitt's survey of 210 mid-to-large U.S. companies representing 6.2 million workers reveals that just 38 percent of employers are confident that workers are taking accountability for their financial future, down from 43 percent in 2010. Further, fewer than a third (30 percent) of companies are confident employees are sufficiently prepared for retirement, showing no improvement from 2010. As a result, companies are increasingly focusing on adding features and making plan design changes to boost savings rates and promote responsible investing. In an effort to increase participation in savings plans, more companies are automatically... 01/19/11 Political Risk Rising: 2011 Aon Political Risk Map Sovereign non-payment remains a real threat to business While the world economy is broadly on the road to recovery, the level of political risk has risen in more countries than it has declined, according to Aon's 18th annual Political Risk Map. Aon Risk Solutions, the global risk management business of Aon Corporation (NYSE: AON), measures the political risk of 211 countries and territories based on the level of risks such as currency inconvertibility and exchange transfer; strikes, riots and civil commotion; war; civil war; sovereign non-payment; political interference; supply chain disruption and legal and regulatory risk. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO) Aon's Political Risk Map, accessible via http://www.aon.com/2011politicalriskmap, ranks countries on a six-point scale from Low risk to Very High risk. A downgrade indicates that the severity of the risk has heightened, while an upgrade indicates that the risk is less severe. Nineteen countries were... 01/17/11 Aon Announces Fourth Quarter and Full Year 2010 Earnings Release and Conference Call Aon Corporation (NYSE: AON) plans to announce fourth quarter and full year 2010 results on Friday, February 4, 2011 in a news release to be issued before the market opens. Greg Case, president and CEO will host a conference call at 7:30 am Central Time on Friday, February 4, 2011. The conference call will be broadcast live through Aon's website at www.aon.com. Windows Media Player is required to listen to this webcast. A replay will be available shortly after the live webcast. The earnings release will be available on Aon's web site at www.aon.com. About Aon Aon Corporation (NYSE:AON) is the leading global provider of risk management services, insurance and reinsurance brokerage, and human capital solutions and outsourcing. Through its more than 59,000 colleagues worldwide, Aon unites to deliver distinctive client value via innovative and effective risk management and workforce productivity solutions. Aon's industry-leading global resources and technical expertise are delivered... 01/14/11 Aon Declares Quarterly Dividend Aon Corporation (NYSE: AON) today announced that the Board of Directors has declared a quarterly cash dividend of $0.15 per share on outstanding common stock. The dividend is payable on February 15, 2011 to shareholders of record on February 1, 2011. About Aon Aon Corporation (NYSE:AON) is the leading global provider of risk management services, insurance and reinsurance brokerage, and human capital solutions and outsourcing. Through its more than 59,000 colleagues worldwide, Aon unites to deliver distinctive client value via innovative and effective risk management and workforce productivity solutions. Aon's industry-leading global resources and technical expertise are delivered locally in over 120 countries. Named the world's best broker by Euromoney magazine's 2008, 2009 and 2010 Insurance Survey, Aon also ranked highest on Business Insurance's listing of the world's insurance brokers based on commercial retail, wholesale, reinsurance and personal lines brokerage revenues in... 01/14/11 Aon Hewitt Analysis Shows Modest Gains in Global Pension Funding Levels in 2010 Despite a Roller Coaster Year of Market Volatility, 2010 Ends on a Positive Note for Pension Plan Sponsors According to a new analysis from Aon Hewitt, the global human resource consulting and outsourcing business of Aon Corporation (NYSE: AON), global pension funding levels ended the year slightly up, despite a roller coaster year. (Logo: http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO ) Aon Hewitt monitors and analyzes daily pension funding levels of U.S., U.K., Continental European and Canadian companies in the S&P 500, FTSE 350, DJ Euro Stoxx 50 and TSX, through its Pension Risk Tracker tool. The analysis found that the funded status of global pension plans were 87 percent at the end of 2010, up slightly from 86 percent at the beginning of the year. According to Aon Hewitt's estimate, global pension assets increased by 8 percent during the year, while pension liabilities increased by 7 percent over the same period. "While the net result of the past year was a modest... Investor News
Earnings Release and Conference Call CHICAGO, IL - October 17, 2011 - Aon Corporation (NYSE: AON) plans to announce third quarter 2011 results on Friday, October 28, 2011 in a news release to be issued before the market opens. Greg Case, president and CEO, will host a conference call at 7:30 am Central Time on Friday, October 28, 2011. The conference call will be broadcast live through Aon's website at www.aon.com. Windows Media Player is required to listen to this webcast. A replay will be available shortly after the live webcast. The earnings release will be available on Aon's web site at www.aon.com. About Aon
Aon Corporation (NYSE:AON) is the leading global provider of risk management services, insurance and reinsurance brokerage, and human resources solutions and outsourcing. Through its more than 59,000 colleagues worldwide, Aon unites to deliver distinctive client value via innovative and effective risk management...
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