Welcome to our dedicated page for Aon Plc news (Ticker: AON), a resource for investors and traders seeking the latest updates and insights on Aon Plc stock.
Aon plc reports news about its global professional services business, which combines Risk Capital and Human Capital expertise with analytics, insurance and reinsurance brokerage, and locally delivered client solutions. Recurring updates include earnings releases, organic revenue trends, capital allocation, dividends and guidance tied to its Aon United strategy and 3x3 Plan.
Company announcements also cover insurance capacity programs such as the Data Center Lifecycle Insurance Program, human capital research, compensation data products including the Radford McLagan Compensation Database, technology engagements for reinsurance operations, and leadership changes across regional and enterprise client roles.
Aon plc has partnered with Kaplan to enhance talent assessment and development solutions. This collaboration integrates Aon's assessment tools with Kaplan Performance Academy's digital learning and coaching capabilities, addressing staffing challenges amid the pandemic. Aon conducts 30 million assessments annually, helping organizations with pre-hire evaluations and leadership identification. The global talent assessment market, valued at $3-4 billion, is projected to grow by 5-10% in the coming years, highlighting the significance of this partnership for businesses focused on talent management.
Aon plc (NYSE: AON) announced a quarterly cash dividend of $0.46 per share on Class A Ordinary Shares, payable on February 12, 2021, to shareholders recorded by February 1, 2021. The dividend reflects Aon's commitment to returning value to its shareholders while continuing to provide risk, retirement, and health solutions globally through its extensive services.
Aon plc (NYSE:AON) will announce its fourth quarter and full year 2020 results on February 5, 2021, at 5:00 AM Central Time. A conference call hosted by CEO Greg Case will take place at 7:30 AM Central Time the same day, available live on Aon's website. A replay will be accessible shortly after the live call. The complete earnings release and accompanying presentation will also be posted on the site, providing insights into the company's financial performance and strategic developments.
Aon plc (NYSE: AON) announced that the European Commission has initiated a Phase II review of its merger with Willis Towers Watson, a standard procedure for large transactions under EU Merger Regulation. Aon expects to close the merger in the first half of 2021 and remains confident about a favorable outcome without needing divestitures. The company emphasizes that both businesses are complementary and plans to maintain close cooperation with regulators throughout the review process.
Aon's recent report, "Helping Organizations Chart a Course to the New Better," highlights how over 130 organizations across various industries adapted to the challenges posed by the COVID-19 pandemic. Key findings indicate that 89% of companies are enhancing emotional and mental health programs, while 84% have improved communication protocols. The report underscores the collaboration across ten global coalitions focused on resilience and recovery, showcasing best practices in addressing workforce agility and health safety.
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Aon plc (NYSE: AON) has launched a digital insurance solution tailored for small and middle market businesses, enabling them to purchase and manage cyber and professional liability insurance online. This service caters to companies with annual revenues up to $100 million across various sectors like retail and technology. By leveraging the technology from CoverWallet, an insurtech startup acquired in January 2020, Aon enhances accessibility to cyber insurance, addressing risks such as data breaches and ransomware. The platform also offers dedicated support for clients.
Aon plc (NYSE: AON) announces that PwC has successfully reviewed its PathWise® platform for IFRS 17 reporting. The review found no significant deviations (over 1%) between PathWise and PwC's IFRS 17 calculation tool, confirming compliance with the latest global standards. Aon aimed for rigorous external validation to ensure PathWise's effectiveness, receiving valuable feedback for refinement. The project utilized sample data sets to evaluate various IFRS 17 accounting options, ensuring comprehensive compliance and operational readiness.
Aon plc (NYSE:AON) has authorized a new $5.0 billion share repurchase program, increasing total buyback authorization to $6.1 billion. This program follows Aon's existing buyback plan, which had approximately $1.1 billion remaining as of September 30, 2020. CEO Greg Case expressed confidence in the firm's growth potential, particularly with the pending combination with Willis Towers Watson. The share repurchase will occur based on market conditions, with no specific obligations.
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