STOCK TITAN
  1. Home
  2. News
  3. AON

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

New Database Reveals Impact of Wrongful Convictions on Taxpayers and Communities in City of Chicago

Rhea-AI Summary
The Truth, Hope and Justice Initiative, Ropes & Gray, the Law Firm Antiracism Alliance, and Aon have created a searchable database of Section 1983 civil rights lawsuits filed against the City of Chicago and the Chicago Police Department since 2000. The database captures demographics, claims, case dispositions, and financial costs, aiming to improve civil rights litigation outcomes and advance criminal justice reform. Key findings reveal over 300 cases resulted in verdicts or settlements costing the city more than a half billion dollars.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.83%
Tags
none
-
News

AXIS Closes Market’s First 144A Cyber Catastrophe Bond

Rhea-AI Summary
AXIS Capital Holdings Limited (AXS) has closed the market's first 144A cyber catastrophe bond, a $75 million transaction providing fully collateralized indemnity reinsurance protection for systemic cyber events on a per occurrence basis. Long Walk Reinsurance Ltd. issued $75 million of Series 2024-1 Class A notes, maturing January 2026, to support the reinsurance agreement with the Company. The transaction is a strong example of AXIS demonstrating leadership through innovation and developing specialty solutions to address challenges in the marketplace. It is expected to serve as a template for the catastrophe bond market to support the availability of cyber insurance capacity in the future.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.32%
Tags
none
-
News

Aon Pooled Employer Plan Reaches $2 Billion in U.S. Plan Assets and Commitments

Rhea-AI Summary
Aon plc (AON) has announced that its Pooled Employer Plan (Aon PEP) has reached $2 billion in 401(k) assets under administration and commitments since its inception in 2021 and has doubled during the last year. The Aon PEP is the industry leader with more than 70 employers providing 401(k) benefits to over 50,000 employees, representing a diverse mix of industries. Participants are benefiting from a higher performing, more efficient 401(k) program, with employees able to accumulate up to 11 percent more retirement savings during their career due to lower fees. Aon PEP costs are less than half of those paid in traditional 401(k)s, and it reduces staff time and resources dedicated to plan management, compliance, and governance. The transition to the Aon PEP has helped companies provide a more efficient, compliant, and beneficial 401(k) plan for employees, improving their retirement savings experience.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.34%
Tags
none
News

AIG Appoints Roshan Navagamuwa as Executive Vice President and Chief Information Officer

Rhea-AI Summary
AIG: Roshan Navagamuwa Named EVP and Chief Information Officer, John Repko to Step Down. Roshan Navagamuwa joins AIG as EVP and Chief Information Officer, effective January 1, 2024. He will oversee AIG’s global technology and cybersecurity strategy, core infrastructure, and cloud strategy. John Repko, the current CIO, will transition to a Senior Advisor role. Navagamuwa brings experience from CVS Health and Aon's Global IT division.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.01%
Tags
management
-
News

Angel Yin Wins Aon Trophy and $1 Million Prize in Decisive Victory

Rhea-AI Summary
Aon plc (NYSE: AON) and the LPGA Tour announced Angel Yin as the 2023 Aon Risk Reward Challenge champion, awarding her the Aon Trophy and a $1 million prize for making better decisions on the strategically challenging holes throughout the LPGA Tour season. The season-long competition recognizes players' remarkable decision-making abilities and celebrates the program's five-year milestone. Angel Yin's exceptional ball-striking and short game helped her clinch the competition in the final weeks, making her the deserving champion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.09%
Tags
none
-
News

Failure to Attract and Retain Talent Reaches Highest Ever Ranking in Aon Survey, Elevating Human Capital as a Key Business Risk

Rhea-AI Summary
Aon plc released the 2023 Global Risk Management Survey, revealing that cyber risk and business interruption remain the top two risks for businesses. The survey also highlighted the increasing concern over supply chain risks and the impact of human capital issues on business risk management.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.25%
Tags
none
News

Aon Reports Third Quarter 2023 Results

Rhea-AI Summary
Aon plc reported strong operating results in Q3 2023, with total revenue increasing by 10% to $3.0 billion and EPS increasing by 16% to $2.23. The company announced the acceleration of its Aon United strategy, as well as the acquisition of NGS Seguros and Global Insurance Brokers. Cash flows from operations for the first nine months of 2023 was $2,174 million. The company repurchased 2.6 million class A ordinary shares for approximately $850 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.01%
Tags
earnings
-
News

Aon: Record $50bn U.S. Severe Convective Storm Losses Drive Total Natural Catastrophe Toll in 2023

Rhea-AI Summary
Aon plc releases Q3 Global Catastrophe Recap report, revealing that global insured losses from natural disaster events reached $88 billion by the end of Q3 2023, 17% higher than the annual average. Severe convective storms (SCS) caused 70% of insured cat loss in the first nine months of the year. Year-to-date economic losses totaled $295 billion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.82%
Tags
none
-
News

Position Imaging Secures $30M Funding to Support Growth and Market Expansion

Rhea-AI Summary
Position Imaging raises $30 million in debt financing to drive growth in the retail, hospitality, and travel markets and expand into the EU.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.82%
Tags
none
News

Aon Launches Multi-Industry Franchise Solutions Program to Help Businesses Manage Risk

Rhea-AI Summary
Aon plc has launched Aon's Franchise Solutions program in North America, aiming to simplify the insurance process for franchisors and franchisees. The program offers better choice, digital tools, and dedicated broking resources to inform, advise, and protect franchise businesses.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.82%
Tags
none

FAQ

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

The current stock price of Aon plc (AON) is $379.29 as of November 15, 2024.

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

The market cap of Aon plc (AON) is approximately 82.4B.

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.

Stock AON logo
Aon plc

NYSE:AON

AON Rankings

#165 Ranked by Market Cap
#1932 Ranked by Dividends

AON Stock Data

82.40B
216.27M
3.03%
89.27%
2.17%
Insurance Brokers
Insurance Agents, Brokers & Service
Link
United States of America
DUBLIN 2