Aon Plc - AON STOCK NEWS

Aon (NYSE: AON) has announced a 10% increase in its quarterly cash dividend, as approved by its Board of Directors. The new dividend amount is set at $0.745 per Class A Ordinary Share, up from the previous $0.675. The enhanced dividend will be paid on May 15, 2025, to shareholders recorded as of May 1, 2025.

Aon plc (NYSE: AON) announced that Eric Andersen is transitioning from his role as president to become a senior advisor to CEO Greg Case through June 2026. Case will assume the role of president.

Andersen, who joined Aon in 1997 through the Minet acquisition, has served the firm for 28 years. His tenure was marked by advancing the firm's Aon United strategy and integrating Risk Capital and Human Capital capabilities. He also played a key role in operationalizing Aon's 3x3 Plan and the successful integration of NFP.

The company will file a Current Report on Form 8-K with the SEC providing additional information about this leadership transition.

The latest U.S. Insurance Labor Market Study by The Jacobson Group and Aon plc (NYSE: AON) reveals continued stability in the insurance employment sector. 88% of respondents plan to increase or maintain staff size in 2025, with 55% specifically planning to increase staff - a 3-point rise from both July and January 2024 studies.

Key findings include:

• 74% of companies expect revenue growth in the next 12 months
• 75% of carriers expect hybrid work schedules
• Technology, underwriting, and claims roles are in highest demand
• Actuarial, executive, and analytics positions remain hardest to fill
• Industry employment projected to increase by 1.08% over next 12 months

The study indicates companies are prioritizing experienced staff recruitment over entry-level positions, emphasizing the importance of strong career development and competitive compensation programs for talent retention.

The Jacobson Group and Aon plc (NYSE: AON) will present the results of their Q1 2025 Insurance Labor Market Study in a free webinar on February 13, 2025. The study, conducted from January 13 to February 3, surveyed insurance carriers about their hiring and revenue plans for the next 12 months.

Jeffrey Blair from The Jacobson Group and Jeff Rieder from Aon will discuss key findings, industry labor market trends, and staffing expectations. The insurance industry is projected to achieve revenue growth in 2025, with favorable economic conditions expected to support investments in people and processes for profitable growth objectives.

The webinar is open to all insurance industry professionals and continues a 15-year tradition of providing valuable labor market intelligence to guide insurers' talent strategies.

Aon (NYSE: AON) reported strong Q4 2024 results with total revenue increasing 23% to $4.1 billion, driven by acquired revenues from NFP and 6% organic revenue growth. The company achieved a Q4 operating margin of 26.3% and adjusted operating margin of 33.3%.

For full year 2024, Aon delivered 17% revenue growth to $15.7 billion, with 6% organic growth across all solution lines. The company generated $2.8 billion in free cash flow, though this represented an 11% decrease from 2023. Q4 diluted EPS increased 33% to $3.28, while adjusted EPS grew 14% to $4.42.

The company has realigned into two reporting segments: Risk Capital and Human Capital. In Q4, Risk Capital revenue increased 13% to $2.5 billion, while Human Capital revenue grew 41% to $1.6 billion. Aon repurchased approximately $1 billion in shares during 2024 and announced plans for an additional $1 billion in share repurchases for 2025.

Aon's 2025 Climate and Catastrophe Insight report reveals global natural disasters caused $368 billion in economic losses in 2024, marking the ninth consecutive year exceeding $300 billion. Insurance covered $145 billion of these losses, leaving a significant 60% protection gap.

Hurricane Helene was 2024's costliest event, causing $75 billion in damages and 243 fatalities, while Hurricane Milton led to the largest insured loss at $20 billion. The U.S. accounted for 78% of global insured losses.

The report highlights increasing frequency and costs of weather-related events, with at least 54 global events causing losses above $1 billion. 2024 was recorded as the warmest year ever, with 20 countries reaching their highest temperatures. Despite the severe economic impact, improved warning systems and evacuation planning helped reduce casualties to 18,100, well below the 21st-century average of 72,400.

The Jacobson Group and Aon plc (NYSE: AON) have launched their Q1 2025 Semi-Annual U.S. Insurance Labor Market Study, open for participation through February 2. The study, established in 2009, serves as a key indicator of insurance industry staffing trends.

The current insurance sector shows steady job growth and low unemployment, with expected revenue growth in 2025 amid improving economic certainty. These conditions are anticipated to support investments in people and processes for profitable growth objectives.

Insurance carriers across all sectors are invited to participate in the confidential survey, with participants receiving detailed results at no cost. The findings will be presented in a complimentary webinar scheduled for February 13, 2025, at 1 p.m. CST.

Aon's 2025 Human Capital Employee Sentiment Study reveals significant workforce trends across 23 geographies. The study of 9,000+ employees shows that 60% plan to seek new employment within 12 months, indicating widespread job dissatisfaction. Only one-third feel motivated to develop AI-related skills.

Work-life balance benefits rank as the third most valued benefit overall, with Gen Z ranking it second only to medical benefits. The study identifies a 'Hustle Reset' phenomenon, where employees are reevaluating their relationship with work and rejecting the 'always-on' culture.

Key findings include: hybrid workers feeling most valued, with remote workers 52% more likely to feel undervalued; 47% of employees prioritizing better-than-average pay and benefits; and a significant gap in benefits personalization, with 72% wanting personalized benefits but only 41% having access to choice-based systems.

Aon plc (NYSE: AON) has announced a quarterly cash dividend declaration by its Board of Directors. The dividend of $0.675 per share will be paid on Class A Ordinary Shares on February 14, 2025. Shareholders must be on record by February 3, 2025 to receive this payment.