Latest Aon Headlines

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

Mildenhall Joins Aon’s Construction Services Group; to Head Phoenix

Sep 3 2008 // Aon Corporation announced that Karen Mildenhall has joined the firm as executive vice president of Aon Construction Services Group. In addition to her responsibilities with the construction team, Mildenhall assumes...

Marsh Denies Planning Bid for Benfield to Counter Aon

Sep 2 2008 // Marsh & McLennan Cos. Inc. , the world’s largest insurance brokerage by market value, is not planning to make a counterbid for U.K.-listed reinsurance broker Benfield Group Ltd, a Marsh spokeswoman said...

Business Moves

Sep 1 2008 // Aon, BenfieldChicago-based Aon Corp. is acquiring UK-based broker Benfield Group Limited for about $1.75 billion. The price includes $6.55 (£3.50) per share in cash and assumption of $170 million (£91 million) of...

Business Moves

Sep 1 2008 // Aon Corporation, Benfield GroupChicago-based Aon Corporation and UK-based broker Benfield Group Limited reached agreement for Aon to acquire Benfield for £3.50 ($6.55) per share in cash and assume £91 million ($170...

People

Sep 1 2008 // Aon Corporation recently announced that Karen Reutter has joined Aon Construction Services Group in a newly created position of senior vice president. Based in Minneapolis, Reutter is one of a number of strategic hires...

Business Moves

Sep 1 2008 // Aon, BenfieldChicago-based Aon Corp. is acquiring UK-based broker Benfield Group Limited for about $1.75 billion. The price includes $6.55 (£3.50) per share in cash and the assumption of $170 million (£91 million...

Aon Risk Services of the West Appoints Davis to Senior Management Team

Aug 28 2008 // Aon Risk Services of the West has appointed Julie Davis to its senior management team in the technology practice to strengthen its San Francisco/Bay area team. In her new role, Davis will be tasked with building on client...

S&P Places Aon on CreditWatch/Negative

Aug 25 2008 // Standard & Poor’s Ratings Services has placed its ‘BBB+’ counterparty credit rating on Aon Corp. on CreditWatch with negative implications, following the announcement that Aon has “signed a...

Aon to Acquire Broker Benfield for $1.75 Billion

Aug 22 2008 // Chicago-based Aon Corporation and UK-based broker Benfield Group Limited announced that their respective boards of directors have reached agreement for Aon to acquire Benfield for £3.50 ($6.55) per share in cash and...

People

Aug 21 2008 // W.R. Berkley Corp. named William M. Rohde Jr. president of Acadia Insurance Co., succeeding Bill Thornton, who now is chairman of Berkley Regional Specialty Insurance Co. Walter E. Stradley remains president of Berkley...

Aon Launches UK Extortion Consulting with Police Expert

Aug 19 2008 // Aon announced from its London office that its Crisis Management Unit has hired the former senior investigating officer for multinational extortion at the British police to head up a new extortion consulting team. The...

Simone Rejoins Aon Risk Services of Southern California

Aug 19 2008 // Aon Risk Services of Southern California, a unit of Aon Corp., announced that Philip A. Simone has joined the firm as senior vice president for Aon Risk Services. He will be based in Irvine, Calif. Simone brings more than...

Aon Risk Services Adds Rover to Southern California Brokerage

Aug 11 2008 // Aon Risk Services, the retail brokerage and risk management unit of Aon Corp., announced Stuart Rover has joined the firm’s Los Angeles office as senior account executive. In this role, Rover is responsible for...

Pehrson Joins Aon Re Global

Aug 8 2008 // Christer Pehrson has joined Aon Re Global as executive director, focusing on its European-based global clients. He was previously managing director of Guy Carpenter in New York and deputy head of its international...

Aon Launches ‘Green Building Property Program’

Aug 7 2008 // Aon Corporation has launched the “Aon Green Building Property Program,” which it describes as the “industry’s most comprehensive insurance solution to facilitate environmentally friendly and...

Aon Urges Early Preparation for Solvency II

Aug 6 2008 // Aon has issued a bulletin urging European Union insurers to “learn from the work undertaken by their banking colleagues in implementing the Basel II accord and start preparing for Solvency II now.”The statement...

People

Aug 4 2008 // Aon Re Global named Jan-Oliver Thofern CEO and chairman of its German subsidiary, Aon Ruck.Thofern was previously a member of the company’s executive committee. He succeeds Holger Gaserow, who plans to retire at the...

Aon Net Income Way Up for Q2 on Sale of Combined Insurance

Aug 1 2008 // Giant insurance broker Aon Corp. reported that second quarter net income skyrocketed 372 percent largely from its sale of business units including Combined Insurance Companies of America.Net income increased to $1.1...

Under The Microscope: Spitzer-Era Ban On Insurer Fees

Jul 28 2008 // Insurance brokerages who lost billions of dollars in revenue under a ban imposed by former New York Attorney General Eliot Spitzer told state regulators on Friday that the rules were never applied universally, and should...

Knight Succeeds Retiring Ryan as Aon Non-Executive Chairman

Jul 22 2008 // Lester B. Knight, an independent director since 1999, has been elected non-executive chairman of the board of Aon Corp. Knight, 50, succeeds Patrick G. Ryan, Aon’s executive chairman and founder, who previously...