Aon Explores Alternatives for Its Wholesale Brokerage
17 Febbraio 2005 - 12:41AM
PR Newswire (US)
Aon Explores Alternatives for Its Wholesale Brokerage CHICAGO, Feb.
16 /PRNewswire-FirstCall/ -- Aon Corporation (NYSE:AOC) is
exploring alternatives relating to its ownership of Swett &
Crawford, the largest U.S.-based wholesale insurance broker with
more than 900 employees in 40 offices. (Logo:
http://www.newscom.com/cgi-bin/prnh/20041215/CGW049LOGO ) "Swett
& Crawford has a great future," said Patrick G. Ryan, Aon's
chairman & CEO. "By exploring alternatives, we expect to
determine if Swett & Crawford's potential can be realized more
fully under different ownership." Aon Corporation (
http://www.aon.com/ ) is a leading provider of risk management
services, insurance and reinsurance brokerage, human capital and
management consulting, and specialty insurance underwriting. The
company employs approximately 48,000 professionals in its 500
offices in more than 120 countries. Backed by broad resources,
industry knowledge and technical expertise, Aon professionals help
a wide range of clients develop effective risk management and
workforce productivity solutions. Contact: Al Orendorff,
+1.312.381.3153 This press release contains certain statements
relating to future results, which are forward-looking statements as
that term is defined in the Private Securities Litigation Reform
Act of 1995. These forward-looking statements are subject to
certain risks and uncertainties that could cause actual results to
differ materially from either historical or anticipated results,
depending on a variety of factors. Potential factors that could
impact results include the general economic conditions in different
countries around the world, fluctuations in global equity and fixed
income markets, exchange rates, rating agency actions, resolution
of pending regulatory investigations and related issues, including
those related to compensation arrangements with underwriters,
pension funding, ultimate paid claims may be different from
actuarial estimates and actuarial estimates may change over time,
changes in commercial property and casualty markets and commercial
premium rates, the competitive environment, the actual costs of
resolution of contingent liabilities and other loss contingencies,
and the heightened level of potential errors and omissions
liability arising from placements of complex policies and
sophisticated reinsurance arrangements in an insurance market in
which insurer reserves are under pressure. Further information,
concerning the Company and its business, including factors that
potentially could materially affect the Company's financial
results, is contained in the Company's filings with the Securities
and Exchange Commission.
http://www.newscom.com/cgi-bin/prnh/20041215/CGW049LOGO
http://photoarchive.ap.org/ DATASOURCE: Aon CONTACT: Al Orendorff
of Aon, +1-312-381-3153 Web site: http://www.aon.com/
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