Welcome to our dedicated page for Aon Plc news (Ticker: AON), a resource for investors and traders seeking the latest updates and insights on Aon Plc stock.
Aon plc (NYSE: AON) is a global leader in risk management, insurance brokerage, and human capital solutions. This page provides investors and professionals with timely updates on strategic developments, financial performance, and operational milestones.
Access comprehensive coverage of Aon's press releases, including earnings reports, partnership announcements, leadership updates, and innovations in data-driven risk analytics. Our curated news selection helps stakeholders track the company's progress in addressing complex challenges across insurance, retirement planning, and workforce optimization.
Discover updates on Aon's global initiatives, mergers and acquisitions, and advancements in proprietary technologies. Content is organized to highlight material developments while maintaining compliance with financial disclosure standards.
Bookmark this page for streamlined access to verified information about Aon's market positioning, client solutions, and industry leadership. Check regularly for objective reporting on how the company navigates evolving risk landscapes and capitalizes on growth opportunities.
Crawford & Company and Aon have released a guide focused on effectively managing cyber claims amid increasing ransomware attacks. The guide emphasizes the importance of preparedness and response strategies to mitigate risks and handle insurance claims efficiently. It explores the growing complexities associated with cyber incidents, highlighting the need for businesses to engage with loss adjusters and insurers early in the claims process. The collaboration aims to help organizations protect their finances and reputation during cyber crises.
Aon plc announces Hannah Green as the winner of the 2021 Aon Risk Reward Challenge, earning a $1 million prize. The competition recognizes players on the LPGA Tour for their strategic decision-making on challenging holes. Green achieved a season-long scoring average that included birdying 72% and eagleing nearly 10% of the designated holes. This initiative emphasizes equality in golf, being celebrated alongside the PGA Tour. Aon aims to promote innovative solutions for clients through this challenge, which has become a significant part of LPGA’s history.
Aon reported a 13% increase in total revenue for Q3 2021, reaching $2.7 billion, driven by 12% organic revenue growth. Adjusted EPS rose 14% to $1.74, influenced by favorable foreign currency translation. However, net income saw a loss of $900 million, with a significant decline in operating margin to (29.6)%. Cash flows from operations decreased by 38% to $1.25 billion, impacted largely by a $1 billion termination fee related to the combination with Willis Towers Watson. The company repurchased 4.4 million shares for $1.3 billion and announced the Aon United Growth Ownership Plan.
Aon plc (NYSE: AON) has released its 2021 Global Risk Management Survey, highlighting cyber risk as the primary global risk for organizations, influenced by the COVID-19 pandemic's impact on business operations. The survey, conducted with over 2,300 professionals from 60 countries, reveals a shift towards impact-based risk assessments. Key risks include business interruption, economic slowdown, and commodity price risk. The findings emphasize the need for companies to adapt their risk management strategies to address interconnected long-tail risks in a volatile environment.
Aon plc (NYSE: AON) has partnered with Kovrr to enhance cyber risk quantification and analysis of reinsurance treaties. This collaboration integrates Kovrr's impact-based modeling framework into Aon's ReMetrica capital modeling software, addressing the rising demand for data-driven insights on cyber exposures. According to Aon, the cyber insurance sector is currently facing significant challenges, including high rate increases and ransomware claims. The partnership aims to provide clients with improved tools for understanding cyber risks and optimizing insurance portfolios.
The recent study by CyberCube, AM Best, and Aon highlights significant cyber risks in the US property insurance market, potentially leading to non-physical damage losses of $12.5bn. This magnitude of loss could impact the capital adequacy ratio of 18 US property insurers. The study analyzed 579 insurers, revealing that several experienced declines in their Best's Capital Adequacy Ratio (BCAR). Despite manageable current cyber risks, anticipated growth may challenge the industry's ability to manage exposures. Recommendations include clearer underwriting and pricing for cyber coverage.
Aon plc (NYSE: AON) announced a quarterly cash dividend of $0.51 per share on Class A Ordinary Shares, payable on November 15, 2021, to shareholders on record by November 1, 2021. This dividend underscores Aon's commitment to returning value to shareholders, reflecting the company's strong financial performance and confidence in future growth. Aon provides professional services globally, assisting clients across over 120 countries in making informed decisions for business protection and growth.
Aon plc (NYSE: AON) will announce its third quarter 2021 results on October 29, 2021, at 5:00 am Central Time. CEO Greg Case will host a conference call on the same day at 7:30 am Central Time, available via Aon's website. A replay will be accessible shortly after the live event. The earnings release and supplemental materials will also be posted online.
Aon serves clients in over 120 countries, aiming to provide clarity and confidence in business decisions.
BrainScope, a medical neurotechnology company, has announced a funding arrangement with Aon plc providing up to $35 million to expand its commercial activities and develop new clinical applications. This partnership aims to leverage Aon's intellectual property expertise to facilitate BrainScope's growth without diluting current equity. BrainScope's technology, which rapidly assesses brain injuries, is critical as over four million patients seek care for mild traumatic brain injuries annually. The funding will enhance access to BrainScope's diagnostics in hospitals and concussion centers.
