AOC Aon Corp.

CHICAGO, Sept. 25 /PRNewswire-FirstCall/ -- Aon Re Global has announced that Elliot Richardson will be head of its global cedant facultative reinsurance activities. Mr. Richardson, aged 34, has resigned from his role as head of facultative reinsurance at Benfield and he will be joining Aon as soon as his employment with Benfield comes to an end. He will be based in London, reporting to Michael O'Halleran, Chairman and Chief Executive of Aon Re Global. Aon has been recruiting in the cedant facultative reinsurance area for some time. ( http://www.newscom.com/cgi-bin/prnh/20041215/CGW049LOGO ) Commenting on the appointment, Mr. O'Halleran said: "We have already made considerable progress in cedant facultative reinsurance. This appointment demonstrates our commitment to investing further in our capability to serve our clients in this important area of business, which has high growth potential. We are delighted to welcome someone of Elliot's caliber to the Aon team and this announcement reinforces the fact that Aon is increasingly the employer of choice for the industry's top professionals." About Aon Aon Corporation (NYSE:AOC) ( 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. 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 consummate the pending 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. For more information 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, Aon Corporation, +1-312-381-2684, or Web site: http://www.aon.com/

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