Company Description
Aon plc (NYSE: AON) is a global professional services firm in the finance and insurance sector. While historically associated with insurance and reinsurance brokerage and human resources solutions, Aon describes its current focus as helping organizations make better decisions about risk and people. The company states that it exists "to shape decisions for the better — to protect and enrich the lives of people around the world," using analytic insight and expertise in Risk Capital and Human Capital to support clients in more than 120 countries.
Aon’s Class A ordinary shares are listed on the New York Stock Exchange under the ticker symbol AON. According to its SEC filings, Aon plc is organized in Ireland and has its registered office in Dublin. The firm also operates through subsidiaries such as Aon Corporation and Aon North America, Inc., and is a guarantor on multiple series of senior notes that are listed on the NYSE under various symbols.
Business focus and operating areas
Across its disclosures and news releases, Aon highlights two primary business pillars: Risk Capital and Human Capital. Within Risk Capital, Aon reports revenue from Commercial Risk Solutions and Reinsurance Solutions. Commercial Risk Solutions relates to property and casualty (P&C) risk, including middle market activity and services such as M&A-related risk work and construction-related risk. Reinsurance Solutions includes treaty and facultative placements, as well as advisory work through its Strategy and Technology Group and activity in insurance-linked securities.
Within Human Capital, Aon reports Health Solutions and Wealth Solutions. Health Solutions includes areas such as core health and benefits and talent analytics. Wealth Solutions includes retirement-related advisory work and investment-related services, including those associated with NFP Corp. prior to the sale of a significant majority of certain NFP wealth businesses. These segments are referenced in Aon’s quarterly financial summaries and segment revenue breakdowns.
Risk Capital capabilities
In its third-quarter 2025 results, Aon reported Risk Capital revenue from Commercial Risk Solutions and Reinsurance Solutions. The company attributes organic growth in Commercial Risk Solutions to net new business, strong client retention and performance in core P&C, including double-digit growth in the U.S., strength in the middle market, and growth in M&A services and construction. In Reinsurance Solutions, Aon cites growth in treaty placements, facultative placements, its Strategy and Technology Group and insurance-linked securities activity.
Aon’s news releases also illustrate how it develops specialized risk programs. For example, it has announced a proprietary Data Center Lifecycle Insurance Program (DCLP), described as a multi-line insurance solution designed to support data center projects from construction through ongoing operations. The program is said to integrate construction, cyber, cargo and operational risks into a coordinated insurance structure, supported by risk engineering and analytics through Aon’s Global Risk Consulting team.
Human Capital and talent-focused services
On the Human Capital side, Aon references Health Solutions and Wealth Solutions as key revenue contributors. Health Solutions organic growth is attributed to talent analytics and core health and benefits, driven by net new business and retention. Wealth Solutions growth is linked to retirement advisory work related to regulatory change and investment-related services, including work associated with NFP prior to the sale of certain wealth businesses.
Aon also partners with other organizations on labor and talent research. For instance, it co-sponsors the Semi-Annual U.S. Insurance Labor Market Study with The Jacobson Group, which it describes as providing insights on insurance labor trends and staffing outlooks. Within Aon, performance benchmarking and analytics are mentioned as part of its Strategy and Technology Group, which supports carriers and other clients in understanding performance and market conditions.
Geographic footprint and corporate structure
Aon’s SEC filings identify Aon plc as an Irish company with its registered office in Dublin, Ireland. The firm also references Aon Corporation and Aon North America, Inc. as indirect, wholly owned subsidiaries. In investor communications and press releases, Aon notes that its colleagues serve clients in over 120 countries, and that it provides locally relevant solutions supported by globally integrated capabilities in Risk Capital and Human Capital.
The company has issued and guaranteed multiple series of senior notes that are registered and listed on the New York Stock Exchange under symbols such as AON25, AON26, AON27, AON29 and others extending to longer-dated maturities. Aon Global Limited (formerly Aon plc) has also issued notes, including 2.875% Senior Notes due 2026, and has announced plans to redeem and delist those notes from the NYSE, while Aon plc remains the guarantor.
Capital allocation, governance and shareholder matters
Aon’s periodic reports and Form 8-K filings provide insight into its capital allocation and governance practices. The company reports on share repurchases under its share repurchase program and discloses quarterly cash dividends on its Class A ordinary shares, as seen in multiple dividend announcements. It also details its capital position, free cash flow and investment in long-term growth, as well as its use of Aon Business Services to drive scale efficiencies and margin expansion.
Corporate governance disclosures cover board composition, director appointments, annual general meeting results and executive employment arrangements. For example, Aon has reported on the election of directors at its annual general meeting, the approval of amendments to the Aon plc 2011 Incentive Plan, and the appointment of new board members and senior officers. It has also disclosed amendments to the employment agreement of its President and Chief Executive Officer, including term extensions and performance-based long-term incentive awards, and separation arrangements with senior advisors.
Strategic transactions and portfolio management
Aon’s filings describe portfolio management actions, including the sale of certain wealth businesses. In a Form 8-K, Aon announced a definitive agreement to sell a significant majority of the wealth businesses of its indirect subsidiary NFP Corp. — including Wealthspire Advisors, Fiducient Advisors, Newport Private Wealth and related platforms — to Madison Dearborn Partners. A subsequent Form 8-K reported the closing of that transaction. These disclosures illustrate how Aon adjusts its portfolio within its Wealth Solutions activities.
The company also reports on the delisting of specific debt securities. A Form 25 filing relates to the removal from listing and registration of 3.875% Senior Notes due 2025 from the New York Stock Exchange. Separately, Aon Global Limited has announced the planned full redemption and delisting of its 2.875% Senior Notes due 2026, with Aon plc as guarantor. These actions are part of the firm’s management of its debt capital structure.
Brand, partnerships and sponsorships
Aon uses partnerships and sponsorships to reinforce its brand around decision-making and risk. One example is the Aon Risk Reward Challenge, a season-long competition on the LPGA Tour that highlights strategic decision-making in golf. Aon and the LPGA Tour have announced winners of the Aon Risk Reward Challenge and described the competition as emphasizing risk and reward decisions on designated holes. Aon states that this initiative reflects the same focus on strategy and resilience that it promotes in its business relationships.
Across its communications, Aon emphasizes that it provides analytic insight, globally integrated expertise in Risk Capital and Human Capital, and locally relevant solutions. It positions its services as helping clients make better risk and people decisions that protect and grow their businesses, while noting that its operations and disclosures are subject to various risks and uncertainties described in its SEC filings.