AON


Associated tags: AON, Aon (company), NYSE, Insurance, Aon

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Aon Reports First Quarter 2024 Results

Retrieved on: 
Friday, April 26, 2024

DUBLIN, April 26, 2024 /PRNewswire/ -- April 26, 2024 - Aon plc (NYSE: AON) today reported results for the three months ended March 31, 2024.

Key Points: 
  • Accretion and free cash flow benefit realization now expected a year earlier than modeled at announcement
    Published our 2023 Impact Report, highlighting progress against our long-term commitments and solutions for clients
    Subsequent to the close of the quarter, announced a 10% increase to the quarterly cash dividend
    DUBLIN, April 26, 2024 /PRNewswire/ -- April 26, 2024 - Aon plc (NYSE: AON) today reported results for the three months ended March 31, 2024.
  • Certain items that impacted first quarter results and comparisons with the prior year period are detailed in the "Reconciliation of Non-GAAP Measures - Operating Income, Operating Margin and Diluted Earnings Per Share" on page 10 of this press release.
  • "We're delighted to welcome NFP to Aon and look forward to working together to help clients address increasing volatility across risk and people issues, enabled by Aon Business Services.
  • Weighted average diluted shares outstanding decreased to 200.1 million in the first quarter compared to 207.1 million in the prior year period.

Aon Announces Early Settlement Date and Total Consideration for its Cash Tender Offers and Related Consent Solicitations for Outstanding Debt Securities of NFP Corp.

Retrieved on: 
Thursday, April 25, 2024

The Total Consideration payable for Fixed Spread Notes validly tendered at or prior to the Early Tender Date and accepted for purchase will be the applicable Total Consideration specified above, and is inclusive of the Early Tender Payment.

Key Points: 
  • The Total Consideration payable for Fixed Spread Notes validly tendered at or prior to the Early Tender Date and accepted for purchase will be the applicable Total Consideration specified above, and is inclusive of the Early Tender Payment.
  • The sum of the Fixed Spread and the Reference Yield is referred to as the "Repurchase Yield."
  • As previously announced, in order to be eligible to receive the applicable Total Consideration with respect to the Notes, holders must have validly tendered Notes at or before the Early Tender Date.
  • The Offers and the Consent Solicitations are being made only pursuant to the Offer to Purchase.

Aon Announces First Quarter 2024 Earnings Release and Conference Call

Retrieved on: 
Friday, April 12, 2024

DUBLIN, April 12, 2024 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm, plans to announce first quarter 2024 results on Friday, April 26, 2024, in a news release to be issued at 5:00 am Central Time.

Key Points: 
  • DUBLIN, April 12, 2024 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm, plans to announce first quarter 2024 results on Friday, April 26, 2024, in a news release to be issued at 5:00 am Central Time.
  • Greg Case, CEO, will host a conference call at 7:30 am Central Time on Friday, April 26, 2024.
  • The conference call will be broadcast live through Aon's website at www.aon.com .
  • The earnings release and supplemental slide presentation will be available on Aon's web site at www.aon.com .

ReliaQuest and Aon Collaborate to Empower Organizations to Proactively Manage Cyber Risk

Retrieved on: 
Tuesday, April 9, 2024

The combination provides clients with an unrivaled ability to better uncover and quantify cyber risks, protect their critical assets, and recover from cyber incidents.

Key Points: 
  • The combination provides clients with an unrivaled ability to better uncover and quantify cyber risks, protect their critical assets, and recover from cyber incidents.
  • Aon combines decades of cyber risk management insights with its deep cybersecurity consulting experience.
  • This enables data-driven decision making when collaborating with clients to identify and holistically manage cyber risk.
  • Aon recognizes that appropriate security monitoring capabilities play a key role in a robust cyber risk management approach.

Aon CFO Christa Davies to retire in 2025

Retrieved on: 
Wednesday, April 3, 2024

DUBLIN, April 3, 2024 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm, announced today that Christa Davies, executive vice president and chief financial officer (CFO) for Aon, has decided to retire in 2025 after more than 16 years at the firm.

Key Points: 
  • DUBLIN, April 3, 2024 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm, announced today that Christa Davies, executive vice president and chief financial officer (CFO) for Aon, has decided to retire in 2025 after more than 16 years at the firm.
  • Davies will continue to serve as Aon's CFO into the third quarter, after certifying second quarter results, and then take on the role of senior advisor to the firm into 2025 to assist with the transition.
  • Aon has activated its succession planning process to identify the firm's next CFO.
  • Davies joined Aon in 2007 and has served as CFO since 2008, overseeing the firm's global finance and operations functions.

Aon CFO Christa Davies to retire in 2025

Retrieved on: 
Wednesday, April 3, 2024

DUBLIN, April 3, 2024 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm, announced today that Christa Davies, executive vice president and chief financial officer (CFO) for Aon, has decided to retire in 2025 after more than 16 years at the firm.

Key Points: 
  • DUBLIN, April 3, 2024 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm, announced today that Christa Davies, executive vice president and chief financial officer (CFO) for Aon, has decided to retire in 2025 after more than 16 years at the firm.
  • Davies will continue to serve as Aon's CFO into the third quarter, after certifying second quarter results, and then take on the role of senior advisor to the firm into 2025 to assist with the transition.
  • Aon has activated its succession planning process to identify the firm's next CFO.
  • Davies joined Aon in 2007 and has served as CFO since 2008, overseeing the firm's global finance and operations functions.

Q1 2024 Insurance Labor Market Study: Industry Enters Year with Cautious Optimism

Retrieved on: 
Wednesday, February 21, 2024

“The industry’s unemployment rate is stable and just 10% of companies plan to reduce their headcounts this year.

Key Points: 
  • “The industry’s unemployment rate is stable and just 10% of companies plan to reduce their headcounts this year.
  • If carriers follow through on their plans, the industry will see a 1.21% increase in employment during the next 12 months.
  • The insurance labor market study has been conducted semi-annually since 2009.
  • Collecting revenue and hiring projections from carriers across all sectors of the industry, it provides a valuable look at the insurance labor market outlook and hiring trends.

Aon Acquires AI-Powered Platform to Help Fleet and Mobility Clients Make Better, Insight-Driven Decisions

Retrieved on: 
Thursday, March 7, 2024

"It is more important than ever for our fleet and mobility clients to have access to data-driven insights and tools that inform their risk and business strategies," said Jillian Slyfield, chief innovation officer at Aon.

Key Points: 
  • "It is more important than ever for our fleet and mobility clients to have access to data-driven insights and tools that inform their risk and business strategies," said Jillian Slyfield, chief innovation officer at Aon.
  • This new capability will provide Aon's clients with a real-time view into commercial fleet performance to make better decisions to reduce accidents and lower the total cost of risk.
  • This investment builds on Aon's market leading position by further advancing its industry leading analytics, insights and technology to serve fleet and mobility clients.
  • "Fleet and mobility business models require data-driven insights and tailored risk transfer options to unlock their full potential," said Curtis Scott, executive vice president of Future Mobility and Digital Economy at Aon.

Q1 2024 Insurance Labor Market Study Results to be Highlighted in Webinar

Retrieved on: 
Wednesday, January 31, 2024

The results of the Q1 2024 Insurance Labor Market Study will be shared in a complimentary webinar presentation at 1 p.m. CST on February 8, 2024.

Key Points: 
  • The results of the Q1 2024 Insurance Labor Market Study will be shared in a complimentary webinar presentation at 1 p.m. CST on February 8, 2024.
  • The semi-annual study was conducted by The Jacobson Group , the leading provider of talent to the insurance industry, and Aon plc (NYSE: AON), a leading global professional services firm.
  • The survey ran from January 8 through January 30, and surveyed insurance carriers across all industry sectors on hiring and revenue plans for the coming year.
  • "For 15 years, the results of this study have served as a benchmark for insurers as they fine-tune their talent strategies,” said Jacobson.

Aon Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Friday, February 2, 2024

DUBLIN, Feb. 2, 2024 /PRNewswire/ -- Aon plc (NYSE: AON) today reported results for the three and twelve months ended December 31, 2023.

Key Points: 
  • Certain items that impacted fourth quarter results and comparisons with the prior year period are detailed in "Reconciliation of Non-GAAP Measures - Operating Income and Diluted Earnings Per Share" on page 10 of this press release.
  • "In the fourth quarter and full year, our colleagues delivered 7% organic revenue growth, highlighted by double-digit growth in Reinsurance Solutions and Health Solutions.
  • Weighted average diluted shares outstanding decreased to 202.0 million in the fourth quarter compared to 209.3 million in the prior year period.
  • The Company repurchased 2.3 million class A ordinary shares for approximately $0.8 billion in the fourth quarter.