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Aon - Latest press releases

Airline Insurance Market Expected to Make First Loss Since 2000

LONDON, 19 December 2007 – The airline insurance market looks set to make its first loss since 2000, according to preliminary data collected by Aon’s Aviation & Aerospace division. With over 85% of the year’s activity now completed, forecasts suggest that the total hull and liability premium in the market will be around US$1.46bn for the whole of 2007, but the level of losses will mean that claims will be at least US$1.53bn.

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Aon logo on a plasma screen

04 December
Telecoms expert joins Aon

03 December
Pension scheme deficits make large gains in 2007

November

27 November
Aon eSolutions appoints impressed client as sales manager

23 November
Aon forms strategic partnership with RBS International

21 November
Aon Re Global Fac Launches Specialist Residual Value Insurance Unit

21 November
Media Alert - Blame organisational failure not junior staff over lost HMRC records, says Aon

20 November
Shipowners face further rate hikes after surge in expensive P&I claims

20 November
Aon Network Solutions makes senior North American P&C appointment

15 November
Most Global Organizations Lack Fully Integrated Enterprise Risk Management Strategies: Aon Global Risk Consulting Survey

15 November
Pensions buyout market struggling to take off, shows new research from Aon Consulting

14 November
David Blunkett: companies must face accountability for manslaughter

13 November
Early Retirement Weakening European Pension Systems

08 November
Steel industry must prepare for credit crunch insolvencies in 2008

06 November
Aon invests in claims advocacy initiative

01 November
Rising inflation eases pensions burden by £10bn

October

29 October
California wildfires expected to produce losses for insurers between $1.2 billion and $1.6 billion: Aon Impact Forecasting

22 October
UK Poultry Farmers Could Lose £30m at Next Bird Flu Outbreak

22 October
Aon Global boosts claims capabilities with senior appointment

12 October
Aon warns against apathy over soil directive

02 October
Aon Employees Win Top Prizes for ACII Exams

01 October
European firms not addressing major risks Aon Survey

September

28 September
Aon Birmingham Takes on Trio of Risk and Pension Experts

27 September
Successful Directors Could Cut Pension Levies

25 September
Websites Could Increase Business Risks Without Human Touch

24 September
Aon Consulting Pilots 'Nine Day Fortnight'

20 September
Pensions buyout market is stagnant, shows new survey from Aon Consulting

17 September
Aon Re Global Rates New Agency Head Highly

14 September
Media Alert - insurance industry to withdraw cover as a deterrent to developers

12 September
Aon Appoints Hamish Roberts As Global Power Practice Leader

09 September
Reinsurance Emerges as Lower Cost Alternativeto Risk Financing as Credit Markets Become More Expensive: Aon Re Global Analysis

03 September
Aon's Bell Promotes Loss Adjusting Professionalism

August

24 August
Damage to Reputation is No.1 Risk to Media Sector

23 August
Aon Scotland Boosts Numbers to Build On Client Success

10 August
Chinese Manufacturers Must Boost Quality Control To Secure Insurance Cover

14 August
UK Meat Could Face Rejection Beyond EU

10 August
Geoffrey Bromley to Join Aon as Vice Chairman of Aon Re Global

08 August
Aon acquires specialist broker Firebond

08 August
Little Goes A Long Way In Aon

July

31 July
A third of pension schemes remain in surplus despite market falls

26 July
Aon calls for clarity on who will clean up brownfield building sites

25 July
Insurers could cut further flood cover without government investment

23 July
Information Resources, Inc Selects Aon Consulting To Provide Bespoke Recruitment Solutions

23 July
Aon Team Reaches New Heights For Charity in Tutus

17 July
Exporters Could Face Payment Delays With New Letter of Credit Rules

04 July
Aon Appoints Health and Safety Expert to Birmingham Team

03 July
The Scope and Shape of Terrorism Shifts - Aon Terrorism Threat Map

June

29 June
Proposed accounting rules could increase pension deficits

28 June
Flood Frustration For UK Businesses Over Claims Settlement

26 June
World's Largest Companies Are Slow To Take Up Captives

25 June
Aon Appoints UK Chairman of Marine

25 June
UK Employers Face Trebling of Ageing Workforce By 2017

22 June
Philip Hammond Calls for More Sustainable Pensions System

21 June
Solicitors Unprepared for Effective Firm Management Under Rule 5

11 June
US-Style Liquor Liability Shifts to UK Pubs and Bars

06 June
Aon Promotes Cure for Environmental Risk Phobia

05 June
Aon Consulting appoints two investment bankers

04 June
Morgan to Head Up Aon's Sheffield Team

01 June
Over £100bn wiped off pension fund deficits in four years

May

29 May
Aon Limited and Heath Lambert reach settlement

21 May
Savvy Bar Staff are Key to Increased Sales from 1 July

18 May
UK pension schemes move into surplus for first time in over five years

14 May
Marine Trio Further Strengthens Aon’s Team

10 May
UK Wine Sales Could Slump Without Product Recalls Plans

02 May
The Oil Industry Must Improve Management of Employee Safety as Another Six Expats are Kidnapped in Nigeria

01 May
Pension funds closed to future accruals will treble by 2011 and be the norm, warns Aon Consulting survey

April

30 April
One third of pension schemes now in surplus, says Aon Consulting

26 April
Employers risk paying too much into pension schemes, reveals Aon research

25 April
Aon Consulting Promotes Robert Middleton to Head EMEA/UK

23 April
Employers must engage pension scheme members more to avert potential disaster, warns Aon Consulting

20 April
Aon Celebrates 20th Anniversary With Community Projects and Staff Birthday Treats

17 April
Pension buyout market set to be a slowburner, warns Aon survey

04 April
Aon Re Global Launches Global Facultative Reinsurance Capabilities

03 April
Builders Who Fail to Insure Subcontractors in Line with Employment Status Could be Sued for Millions, Warns Aon Leading up to 6 April Scheme

02 April
Volatility returns to UK Pension Deficits, Says Aon Consulting

02 April
Aon Drives to Build US Liability Business with New Expert Appointment

March

26 March
Organised Cyber Crime and IT Risks Could Cost Unprepared UK Business Millions in Lost Revenue

26 March
Substantial drop in pension scheme deficits expected to benefit companies with 31 March year end accounts

26 March
Aon launches specialist global risk consulting unit

26 March
Shift from equities to bonds and 'alternative' funds continues as UK pension funds diversify investment strategies

21 March
Aon expert becomes first insurance professional admitted to Chartered Surveyors Livery Company

21 March
Inflexible underwriting helps P&I clubs meet target during a tough 2007 renewal for shipowners

19 March
Aerospace insurance figures hint at softening market in 2007

12 March
Statement from Aon regarding Benfield litigation

12 March
Aon warns UK management to brace itself for the riskiest year yet

08 March
Aon handles £1.2 million trade credit claim for electronics giant Toshiba

06 March
Aon/Albert G. Ruben finds improved conditions for filmmakers in many countries across the globe

05 March
Aon appoints head of broking for Commercial Insurance division

01 March
Airline insurance premiums continue to fall as new capacity enters the global market

February

28 February
UK pension deficits suffer £11bn rise in one day

26 February
Remuneration packages hit hard by company pension commitments

20 February
P&I renewals update

19 February
Liability insurance buyers should exploit the competitive market – cover restrictions on the horizon

12 February
English wine winner inspires risk expert to protect the grapes behind the UK’s blossoming sector

01 February
UK pension deficits continue to fall as bond yields rise

January

31 January
Dow Corning to save 20% annually through recruitment process outsourcing

30 January
UK workers’ retirement aims out of sync with reality

23 January
Aon Acquires Footman James

26 January
Aon consolidates two Bristol offices to boost growth

23 January
Aon reinforces commitment to large global companies and the London and Bermuda markets

18 January
Nationalism gains ground as a major political risk

15 January
UK workers confess to embellishing the truth to land a job

10 January
Cultural differences hinder global cross-border M&A activity

09 January
Footballer's injury claim spells out importance of career ending insurance

08 January
Later retirement and more private pensions essential to stabilise European pensions systems

05 January
Aon strengthens its eSolutions team with senior appointment

04 January
Pension schemes warned not to be complacent moving into 2007

02 January
Aon completes acquisition of remaining shares of Aon Rus


Aon Limited is authorised and regulated by the Financial Services Authority in respect of insurance mediation activities only.



Contact Info

Reuben Aitchison
Tel:
020 7086 7201
Email Reuben

Alexandra Lewis
Tel:
020 7882 0541
Email Alexandra

For any pensions, HR or benefits enquiries, please contact:

Susie Patterson
Tel:
020  7269 7233
Email Susie

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2007 review - The riskiest year yet: Aon’s media round up for 2007

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