AOC Aon Corp.

NEW YORK, Sept. 12 /PRNewswire-FirstCall/ -- Aon Corp. (NYSE:AOC) today announced that Carlos A. Oliveras has joined its U.S. mergers and acquisitions group as a managing director, based in New York. ( http://www.newscom.com/cgi-bin/prnh/20041215/CGW049LOGO ) Oliveras has spent 25 years in property/casualty insurance and reinsurance organizations with responsibilities for both domestic and international business operations. He comes to Aon from CAO Advisors, a diligence and strategic consultant to companies and the private equity community, where he was president and chief executive officer. Prior to that, he served as the senior vice president and group chief sales & marketing officer for Alea Group Holdings, reporting directly to the group chief executive officer of this international insurance and reinsurance company. Prior to Alea, Oliveras spent fourteen years with American Re-Insurance, most recently as the senior vice president and general manager, reporting to the president of domestic insurance company operations. Oliveras will work with the management of the U.S. practice to develop and implement a strategy to strengthen Aon's position as the market leader for the private equity industry. Brian Casey, manager of Aon's Mergers and Acquisitions national practice group said, "Carlos' joining our AMAG team will help ensure that the products and services Aon provides for our private equity, alternative investment and corporate clients continue to evolve to help address risk management, insurance and employee benefit issues as they make acquisitions and that their value creation propositions are enhanced." Oliveras earned a bachelor of arts degree in economics at Fordham University, has completed the Executive Leadership Development Program at the Wharton Business School and is a member of The Executive Forum. About Aon Aon Corporation ( http://www.aon.com/ ) is a leading provider of risk management services, insurance and reinsurance brokerage, human capital consulting, and specialty insurance underwriting. There are 46,000 employees working in Aon's 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. This press release contains certain statements related to future results, or states our intentions, beliefs and expectations or predictions for the future 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: general economic conditions in different countries in which we do business around the world, changes in global equity and fixed income markets that could affect the return on invested assets, fluctuations in exchange and interest rates that could influence revenue and expense, rating agency actions that could affect our ability to borrow funds, funding of our various pension plans, changes in the competitive environment, our ability to implement restructuring initiatives and other initiatives intended to yield cost savings, our ability to execute the stock repurchase program, our ability to execute the planned sale of the Aon Warranty Group, changes in commercial property and casualty markets and commercial premium rates that could impact revenues, changes in revenues and earnings due to the elimination of contingent commissions, other uncertainties surrounding a new compensation model, the impact of investigations brought by state attorneys general, state insurance regulators, federal prosecutors, and federal regulators, the impact of class actions and individual lawsuits including client class actions, securities class actions, derivative actions, and ERISA class actions, the cost of resolution of other contingent liabilities and loss contingencies, and the difference in ultimate paid claims in our underwriting companies from actuarial estimates. 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. Contact: Rahsaan Johnson, Aon Corporation 312.381.2684 http://www.newscom.com/cgi-bin/prnh/20041215/CGW049LOGO http://photoarchive.ap.org/ DATASOURCE: Aon Corporation CONTACT: Rahsaan Johnson of Aon Corporation, +1-312-381-2684, or Web site: http://www.aon.com/

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