Geoffrey Bromley to Join Aon as Vice Chairman of Aon Re Global
09 Agosto 2007 - 11:30PM
PR Newswire (US)
Former Guy Carpenter president, chairman joins world's #1
reinsurance broker CHICAGO, and LONDON, Aug. 9
/PRNewswire-FirstCall/ -- Aon Corporation (NYSE:AOC) today
announced that Geoffrey (Geoff) Bromley will join the company as
vice chairman of Aon Re Global, the world's largest reinsurance
intermediary. In this role, Bromley will lead Aon Re's operations
in the United Kingdom, Europe, Africa and Middle East (EMEA) and
Asia Pacific (APAC). (LOGO:
http://www.newscom.com/cgi-bin/prnh/20041215/CGW049LOGO) "With Aon
Re Global, we have the best reinsurance operation in the world,"
said Greg Case, president and chief executive officer of Aon
Corporation. "We are delighted to add a successful senior executive
with Geoff's proven track record in the U.K., EMEA and APAC to our
leadership team. This builds on an area of strength within our
organization and will allow us to deliver even greater distinctive
value to our clients around the world." Bromley, who has nearly 30
years of experience in the reinsurance industry, most recently
served as chairman of Guy Carpenter's European and Asia Pacific
operations, which included responsibility for Africa and the Middle
East. In addition to that role, he was a member of Guy Carpenter's
executive committee and served on the board of Marsh Ltd in the
U.K. "Geoff has extensive experience leading successful
international operations," said Michael O'Halleran, Aon Re
executive chairman. "Throughout my career I've had the opportunity
to observe Geoff as a competitor, and have admired his client
leadership and ability to build, recruit and develop unmatched
talent. Now I look forward to working closely with him as we
continue to strengthen ARG's global footprint." "Adding Geoff to
our team of many of the best reinsurance leaders in the world will
enable us to continue to create innovative new products and
services for our clients," said Ted T. Devine, Aon Re chief
executive officer. "With Geoff's leadership and our talented team
we will continue to invest in growth opportunities and simplify our
organization in these critical regions." Bromley is scheduled to
join Aon in February 2008 after he fulfills his responsibilities
with Guy Carpenter. He will be based in London and will report to
Devine. About Aon Re Global Aon Re Global, the world's leading
reinsurance intermediary, provides clients with a full range of
services in the design, structure and implementation of
risk-transfer programs through a network of offices in more than 40
countries. In addition to traditional treaty and facultative
placement services, Aon Re Global offers clients a range of
advisory and consulting services -- such as catastrophe information
forecasting and financial analysis. Aon Re Global, was named best
reinsurance broker in 2006 by readers of Business Insurance and
Reinsurance and in 2007 by readers of US Insurer. About Aon 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. There are 43,000 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 successfully execute
strategic options for our Combined Insurance subsidiary, the impact
of current, pending and future regulatory and legislative actions
that affect our ability to market and sell, and be reimbursed at
current levels for, our Sterling subsidiary's Medicare Advantage
health plans, 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, ERISA class actions, the impact of the analysis
of practices relating to stock options, 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.
Media Contact: Rahsaan Johnson 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, Web site:
http://www.aon.com/
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