Elliot Richardson to Head up Aon's Global Cedant Fac Re Operations
25 Settembre 2006 - 7:30PM
PR Newswire (US)
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/
Copyright
Grafico Azioni AON (NYSE:AOC)
Storico
Da Giu 2024 a Lug 2024
Grafico Azioni AON (NYSE:AOC)
Storico
Da Lug 2023 a Lug 2024
Notizie in Tempo Reale relative a Aon Corp. (Borsa di New York (NYSE)): 0 articoli recenti
Più Aon Corp Articoli Notizie