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Aon plc - AON STOCK NEWS

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 leading global professional services firm headquartered in London, providing a broad array of risk management, retirement and health solutions. With approximately 50,000 employees across 120 countries, Aon uses proprietary data and analytics to deliver insights that help clients reduce volatility and improve performance.

Aon’s operations are primarily focused on insurance and reinsurance brokerage, and human resources solutions. The company’s core services include risk management, insurance broking, reinsurance, healthcare, investment consulting, and retirement planning. Aon’s commitment to delivering impactful solutions is highlighted through their recent acquisition of Humn.ai’s technological assets to enhance their commercial fleet proposition. This acquisition underscores Aon’s dedication to incorporating advanced technology and data-driven insights to better serve their fleet and mobility clients.

Moreover, Aon recently announced the acquisition of NFP, a prominent middle market property and casualty broker, for an enterprise value of $13 billion. This acquisition aims to expand Aon’s capabilities and strengthen its market position in the middle-market segment. Additionally, the firm introduced new risk analyzer tools under the Aon Actionable Analytics suite, designed to help clients make better-informed decisions based on comprehensive data analysis.

Financially, Aon continues to demonstrate strong performance, with a reported 5% increase in total revenue and a 9% increase in adjusted earnings per share for the first quarter of 2024. The company’s recent 10% increase in its quarterly cash dividend reflects its ongoing commitment to delivering value to shareholders.

With strategic collaborations, such as with ReliaQuest in cybersecurity, and continuous investment in analytics and technology, Aon remains at the forefront of industry innovation, addressing evolving client needs while maintaining a strong focus on growth and shareholder value.

News
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Aon plc reported a 5% increase in total revenue to $4.1 billion for the first quarter of 2024, with organic revenue growth of 5%. Operating margin decreased by 210 basis points to 36.0%, while adjusted operating margin increased by 100 basis points to 39.7%. EPS rose by 6% to $5.35, with adjusted EPS up by 9% to $5.66. Cash flows from operations were $309 million, and free cash flow decreased by 29% to $261 million.
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Aon plc announces the expected early settlement date of April 26, 2024, for cash tender offers and consent solicitations for outstanding debt securities of NFP Corp. The offers cover various notes issued by NFP Corp, with total consideration details provided. The expiration date for the offers is April 30, 2024.
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Aon plc completes the acquisition of NFP for an enterprise value of $13.0 billion, including $7.0 billion cash and assumed liabilities, as well as $6.0 billion in equity. The acquisition is expected to bring more capability to clients and contribute to accretion and free cash flow benefits sooner than anticipated. NFP will operate as an independent and connected platform within Aon, delivering Risk Capital and Human Capital capabilities.
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Chubb has entered into a definitive agreement to acquire Healthy Paws, a leading pet insurance provider, from Aon plc. The transaction aims to expand Chubb's presence in the pet insurance market with substantial growth potential. Financial terms were not disclosed, and the deal is expected to close in the second quarter. Healthy Paws, with over 500,000 pets under coverage, will continue its operations under Chubb to empower more pet owners with medical care funding.
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Aon plc announces early results of cash tender offers and consent solicitations for NFP Corp's outstanding debt securities, revealing principal amounts tendered and reference yields for various notes.
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Aon plc (AON) increases its quarterly cash dividend by 10% to $0.675 per share, payable on May 15, 2024, to shareholders of record on May 1, 2024.
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Aon plc (NYSE: AON) is set to announce its first quarter 2024 earnings on April 26, 2024. CEO Greg Case will host a conference call to discuss the results. The conference call will be broadcast live on Aon's website, with a replay available afterward. The earnings release and presentation will also be accessible on Aon's website.
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ReliaQuest collaborates with Aon to enhance cyber risk management and security operations. Aon's Cyber Resilience Report highlights gaps in cyber risk controls. The partnership aims to provide clients with comprehensive security outcomes and immediate threat detection.
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Aon plc announces CFO Christa Davies' retirement in 2025 after 16 years with the firm. Davies to continue as CFO into the third quarter and as senior advisor into 2025. Aon activates succession planning for the next CFO. CEO Greg Case's employment extended to 2028.
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Aon plc announced cash tender offers for its outstanding Senior Notes due 2028, 2028 Secured Notes, 2030 and 2031 Secured Notes issued by NFP Corp. The Offers include Proposed Amendments and Proposed Release Amendments, subject to certain conditions. The early tender deadline is April 15, 2024, with the Offers expiring on April 30, 2024. The Offers are part of Aon's plans to acquire NFP Intermediate Holdings A Corp.
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FAQ

What is the current stock price of Aon plc (AON)?

The current stock price of Aon plc (AON) is $367.31 as of January 22, 2025.

What is the market cap of Aon plc (AON)?

The market cap of Aon plc (AON) is approximately 79.1B.

What services does Aon provide?

Aon provides a wide range of services including risk management, insurance and reinsurance brokerage, retirement planning, healthcare consulting, and investment consulting.

How many employees does Aon have?

Aon has approximately 50,000 employees working across 120 countries.

What recent acquisitions has Aon made?

Aon recently acquired Humn.ai’s technology assets to strengthen its commercial fleet proposition and announced the acquisition of NFP, a middle market property and casualty broker, for $13 billion.

What is Aon's financial performance like?

For the first quarter of 2024, Aon reported a 5% increase in total revenue and a 9% rise in adjusted earnings per share. The company also recently increased its quarterly cash dividend by 10%.

What are Aon's recent initiatives in technology and analytics?

Aon has launched a suite of risk analyzer tools under the Aon Actionable Analytics, designed to help clients make better risk management decisions using comprehensive data and analytics.

What partnerships has Aon established in cybersecurity?

Aon has partnered with ReliaQuest to enhance cybersecurity capabilities, leveraging ReliaQuest's expertise in detection, investigation, and response with Aon's cyber resilience capabilities.

Where is Aon headquartered?

Aon is headquartered in London, United Kingdom.

How does Aon leverage data and analytics?

Aon uses proprietary data and analytics to deliver insights that help clients reduce volatility and improve performance across various domains including risk management, retirement planning, and health solutions.

What is Aon's strategy for growth?

Aon focuses on expanding its capabilities through acquisitions, investing in technology and analytics, and forming strategic partnerships to better serve clients and enhance shareholder value.

How can investors stay updated on Aon's news?

Investors can stay updated on Aon’s news by visiting their newsroom and signing up for news alerts on Aon's official website.
Aon plc

NYSE:AON

AON Rankings

AON Stock Data

79.12B
209.82M
3.03%
88.7%
1.98%
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