Aon Plc Stock Price, News & Analysis

The Jacobson Group and Aon plc (NYSE: AON) have launched their Q1 2025 Semi-Annual U.S. Insurance Labor Market Study, open for participation through February 2. The study, established in 2009, serves as a key indicator of insurance industry staffing trends.

The current insurance sector shows steady job growth and low unemployment, with expected revenue growth in 2025 amid improving economic certainty. These conditions are anticipated to support investments in people and processes for profitable growth objectives.

Insurance carriers across all sectors are invited to participate in the confidential survey, with participants receiving detailed results at no cost. The findings will be presented in a complimentary webinar scheduled for February 13, 2025, at 1 p.m. CST.

Aon's 2025 Human Capital Employee Sentiment Study reveals significant workforce trends across 23 geographies. The study of 9,000+ employees shows that 60% plan to seek new employment within 12 months, indicating widespread job dissatisfaction. Only one-third feel motivated to develop AI-related skills.

Work-life balance benefits rank as the third most valued benefit overall, with Gen Z ranking it second only to medical benefits. The study identifies a 'Hustle Reset' phenomenon, where employees are reevaluating their relationship with work and rejecting the 'always-on' culture.

Key findings include: hybrid workers feeling most valued, with remote workers 52% more likely to feel undervalued; 47% of employees prioritizing better-than-average pay and benefits; and a significant gap in benefits personalization, with 72% wanting personalized benefits but only 41% having access to choice-based systems.

Aon plc (NYSE: AON) has announced a quarterly cash dividend declaration by its Board of Directors. The dividend of $0.675 per share will be paid on Class A Ordinary Shares on February 14, 2025. Shareholders must be on record by February 3, 2025 to receive this payment.

Aon plc (NYSE: AON), a global professional services firm, has scheduled its fourth quarter and full year 2024 earnings announcement for Friday, January 31, 2025. The company will release its financial results at 5:00 am Central Time, followed by a conference call at 7:30 am CT hosted by CEO Greg Case.

The conference call will be accessible through a live webcast on Aon's website, with a replay available shortly after. Both the earnings release and supplemental slide presentation will be made available on www.aon.com.

Aon plc (NYSE: AON) has appointed John Neal as Global Chairman of Climate Solutions and Global CEO of Reinsurance. Neal, who will join from Lloyd's of London where he served as CEO since 2018, will focus on addressing climate-related risks and enhancing Aon's Reinsurance capabilities.

During his tenure at Lloyd's, Neal led a transformation that achieved industry-leading performance and the company's strongest financial position in its 340-year history. Previously, he served as Group CEO of QBE, managing a $14 billion gross written premium business across 37 countries.

In his new role at Aon, Neal will be based in London, reporting to Andy Marcell, CEO of Risk Capital. He will help tackle increasing volatility driven by climate-related events while leveraging Aon's integrated Risk Capital capabilities to deliver advanced analytics, innovative solutions, and access to new capital sources.

Aon (NYSE: AON) has acquired Salus Group through its subsidiary NFP. Salus Group, founded in 2005, is a leading independent benefits consulting, brokerage and administration firm specializing in credit unions and middle-market employers, including those with unionized workforces. The company operates nationwide from its Michigan base.

NFP, as part of Aon, provides consultative services addressing risk, workforce, wealth management and retirement challenges, employing over 7,700 colleagues across the US, Puerto Rico, Canada, UK and Ireland. Woodward Park Partners served as the exclusive financial advisor to Salus Group in this transaction.

Aon and the European Bank for Reconstruction and Development (EBRD) have launched a €110 million war risk insurance facility for Ukraine. The initiative aims to revitalize Ukraine's war risk insurance market through a guarantee scheme supporting reinsurance capacity for international reinsurers and Ukrainian insurance companies.

The facility includes MS Amlin as the first international reinsurance partner, alongside three Ukrainian insurers: INGO, Colonnade, and UNIQA. Initially covering inland cargo, motor vehicle damage, and railway rolling stock, the facility could insure up to €1 billion worth of goods and vehicles annually. The program represents part of Aon's broader support for Ukraine's economy, contributing to over $465M in public and private capital for war risk insurance.

Aon's 19th annual Benefits Survey of Hospitals reveals significant improvements in U.S. hospital employee retention. Turnover rates have dramatically decreased, with only 7% of hospitals reporting increased nurse turnover (down from 62% in 2023), 5% for non-physician clinical positions (down from 41%), and 9% for physicians (down from 22%).

To address ongoing staffing challenges, hospitals have implemented various measures: 70% increased new hire pay, 69% enhanced sign-on bonuses, and 61% raised minimum wage scales. Healthcare costs per beneficiary rose 8.5% to $17,520 in 2024. The survey, covering over 3.3 million employees across 1,500 hospitals, also shows extensive benefits enhancements, with 70% improving voluntary benefits and 67% enhancing tuition reimbursement.

Aon's 2024 North America Pay Transparency Readiness Study reveals that 75% of employers are not prepared for upcoming pay transparency laws. These regulations will affect 14 U.S. states and four Canadian provinces by 2025, and all EU countries by 2026.

Key findings from the study of 626 U.S. employers show that only 51% have conducted independent pay equity analyses, with 84% of those identifying pay gaps. However, just 34% of employers who found inequities have allocated funds to address them. Only 18% of employers feel ready for pay transparency, with retail & e-commerce showing the highest readiness at 33%.

The study also reveals that 63% of employers don't communicate salary ranges to employees, though 81% publish ranges in job postings. The predicted average salary increase budget for 2025 is 4.6%, similar to 2024's 4.7%. Employee turnover in the first half of 2024 was 20.7%, with 11.8% leaving voluntarily.