-      The firms emphasized that the removal of blanket exclusions would catalyze Ukraine's growth and future reconstructionMONTE CARLO, Sept. 8, 2024 /PRNewswire/ -- Aon and Marsh McLennan today called on the (re)insurance industry to build upon the capital, expertise and historical role of the (re)insurance industry to help Ukraine's resilience by catalyzing economic growth and strengthening the country's foundations for a post-conflict economy. The firms emphasized that the removal of blanket exclusions, ...

Core Insights - ICEYE has expanded its data licensing agreement with Aon to include global Flood Insights and US Wildfire Insights data, enhancing Aon's event response capabilities for reinsurance clients [1][2] - The collaboration aims to provide detailed location-level analysis on property damage from catastrophic events, leveraging ICEYE's near real-time data [1][2] Company Overview - ICEYE operates the world's largest synthetic aperture radar (SAR) satellite constellation, offering persistent monitoring capabilities for any location on Earth, regardless of weather conditions [2][3] - The company provides actionable data within hours of an event, with regular updates as situations develop, which is critical in the context of increasing natural disasters [2][3] Industry Context - Aon emphasizes the importance of accurate catastrophe data and analytics in the face of climate risk, aiming to improve decision-making for clients affected by catastrophic events [2][4] - The partnership between ICEYE and Aon is positioned to enhance clarity and confidence regarding the financial impacts of disasters, ultimately benefiting business decisions for clients [2][4]

Aon's Enhanced Compensation Database - Aon plc launched an enhanced version of the Radford McLagan Compensation Database, integrating compensation and talent insights from life sciences, technology, and financial services sectors into a unified platform [1] - The enhanced database enables clients to benchmark pay, access talent analytics, evaluate plan design practices, and make informed decisions on talent attraction and retention [1] - The upgrade strengthens Aon's analytics offerings, helping the company retain and attract more clients while differentiating itself in the human consulting space [1] Features and Strategic Alignment - The new database provides value-add analytics features such as Job Offers Data, Location Analytics, Talent Intelligence, and Talent Metrics, leveraging machine learning for pay prediction [2] - This initiative supports Aon's revenue guidance of mid-single-digit or higher organic growth for 2024 and aligns with its 3x3 strategy to deliver superior capability and content across Human Capital and Risk Capital [2] Price Performance and Industry Comparison - Aon shares gained 18% year-to-date, underperforming the industry's 24.7% growth [3] - Aon currently holds a Zacks Rank 3 (Hold), while other finance sector players like Erie Indemnity Company, Brown & Brown, and Arthur J Gallagher & Co carry Zacks Rank 2 (Buy) [4] Competitor Earnings Performance - Erie Indemnity Company's current-year earnings estimate is $11 41 per share, with an average earnings surprise of 11 6% in the past four quarters [4] - Brown & Brown's current-year earnings estimate is $3 68 per share, reflecting 31% year-over-year growth, with an average earnings surprise of 9 8% [5] - Arthur J Gallagher & Co's current-year earnings estimate indicates 16% year-over-year improvement, with an average earnings surprise of 1 9%, and 2024 revenue growth projected at 14 5% [5]

Newly combined platform enables HR and total rewards leaders to benchmark pay, assess plan design practices and access actionable talent analyticsCHICAGO, Aug. 29, 2024 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm, today announced the launch of its newly integrated Radford McLagan Compensation Database to significantly expand its analytics capabilities for Human Capital clients. This move brings the firm's market-leading compensation and talent insights in the financial s ...

–  Tool enables risk managers and brokers to assess corporate executive risks and tailor more impactful insurance programs–  Joins Aon's Property Risk and Casualty Risk analyzers in a growing suite of analytics tools for clientsDUBLIN, Aug. 19, 2024 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm, today unveiled its Directors and Officers (D&O) Risk Analyzer, a digital application that allows risk managers of U.S.-listed public companies to make data-driven, technology-enabl ...

Core Insights - The average cost of employer-sponsored health care coverage in the U.S. is projected to increase by 9.0 percent, exceeding $16,000 per employee in 2025 [1] - The increase is attributed to rising medical claims and prescription drug costs, particularly due to specialty drugs and GLP-1 medications [2][3] - Employers are expected to bear the majority of health care costs, with a significant increase in employer costs from 2023 to 2024 [4][5] Health Care Cost Projections - The budgeted health-plan cost for clients is $14,823 per employee in 2024, reflecting a 6.4 percent increase from 2023 [1][4] - Employee premiums are expected to rise by 3.4 percent, while employer costs increased by 6.4 percent [4][5] - Employers subsidize approximately 81 percent of the plan cost, with employees contributing about $4,858 for health care coverage in 2024 [4][6] Industry-Specific Trends - The technology and communications industry has the highest average employer cost increase at 7.4 percent, while the public sector sees the highest employee cost increase at 6.7 percent [7][8] - The health care industry has the lowest average change in employee contributions, with no material change from 2023 [7][8] Factors Influencing Costs - Rising employment levels and wage increases due to inflation are contributing to higher health care costs [2] - Specialty drugs, particularly GLP-1 medications, are driving up prescription drug costs, adding an estimated 1 percent to the overall health care cost increase [2][3] Predictive Analytics and Risk Management - Aon has introduced the Health Risk Analyzer to help employers predict high-cost claimants and manage future health care spending [9][10] - Self-insured plan sponsors face challenges in maintaining stable plan increases, but Aon's tools provide flexibility in funding and risk management [10]

DUBLIN, Aug. 9, 2024 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm, today announced that Admiral James Stavridis has been appointed to its Board of Directors, effective Aug. 15, 2024."We are pleased to welcome Admiral Stavridis to Aon's Board of Directors," said Lester B. Knight, chair of Aon's board. "Admiral Stavridis' experience as a retired four-star U.S. naval officer, partner and vice chair for global affairs at Carlyle and board chair of the Rockefeller Foundation w ...

Images By Tang Ming TungI published my ‘Strong Buy’ thesis on Aon (NYSE:AON) in February 2024, pointing out that the acquisition of NFP could potentially accelerate Aon’s organic revenue growth and expand into mid-market. The company released its Q2 earnings on July 26th with 6% organic revenue growth. I favor the company’s growth driven by net new business generation and ongoing strong retention. I maintain a 'Strong Buy' rating with a fair value of $410 per share. Net New Business Growth and Strong Re ...

Aon plc (NYSE:AON) Q2 2024 Earnings Conference Call July 26, 2024 8:30 AM ET Company Participants Greg Case - Chief Executive Officer Edmund Reese - Executive Vice President and Chief Financial Officer Christa Davies - Chief Financial Officer Eric Andersen - President Conference Call Participants Elyse Greenspan - Wells Fargo Andrew Kligerman - TD Securities Michael Zaremski - BMO Capital Markets Jimmy Bhullar - JPMorgan Robert Cox - Goldman Sachs David Motemaden - Evercore ISI Meyer Shields - KBW Grace Car ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 1-7933 Aon plc (Exact Name of Registrant as Specified in Its Charter) IRELAND 98-1539969 (State or Other Jurisdiction of (I.R.S. Employer Incorporation or Organization) Identific ...