AOC Aon Corp.

CHICAGO, Oct. 27 /PRNewswire-FirstCall/ -- Aon Re Global, the world's leading provider of reinsurance brokerage and integrated capital solutions and services, today announced the appointment of Paul Markey as managing director, global market relationships, pending Bermuda government approval. (Logo: http://www.newscom.com/cgi-bin/prnh/20041215/CGW049LOGO ) In this role, Mr. Markey will serve as focal point for the coordination of Aon Re Global's overall relationships with reinsurers around the world, providing placement support and guidance to Aon Re Global brokers and other specialists. Mr. Markey continues as chairman of Aon (Bermuda) Ltd. "We're tremendously pleased that Paul Markey has agreed to take on this additional important responsibility within Aon Re Global," said Michael O'Halleran, chairman and chief executive officer of Aon Re Global. "Through his strong knowledge of client needs as well as the reinsurance marketplace, he's well positioned to understand the capabilities of each reinsurer, locating and developing market capacity, and providing valuable market insight. Working with the Aon Re Global network, Paul will further our core value of delivering the best solutions available for our clients, wherever the client or market may be situated." "I'm very excited about this additional opportunity to work with ARG professionals around the world in anticipating and responding to the needs of their clients," Mr. Markey said. "As Bermuda is one of only a few truly global insurance and reinsurance marketplaces, I've had the good fortune to work with Aon Re Global's experts in many countries and am pleased to expand my role with this team." About Aon Aon Re Global is the reinsurance and captive services subsidiary of Aon Corporation, providing services to insurance companies and captives through its network of offices throughout the world. Aon Corporation (NYSE:AOC) is a leading provider of risk management services, insurance and reinsurance brokerage, human capital and management consulting, and specialty insurance underwriting. There are 47,000 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. http://www.aon.com/ . 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: Al Orendorff Aon Corporation 312.381.3153 http://www.newscom.com/cgi-bin/prnh/20041215/CGW049LOGO http://photoarchive.ap.org/ DATASOURCE: Aon Corporation Contact: Al Orendorff of Aon Corporation, +1-312-381-3153, or Web site: http://www.aon.com/

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