Aon Plc is considering buying rival insurance brokerage Willis Towers Watson Plc, Bloomberg reported on Tuesday, citing people familiar with the matter. Aon is preparing to submit a bid for Willis Towers in the coming weeks and the two companies have also held preliminary talks, the report said. With an acquisition of Willis Towers, Aon… Continue reading Insurer Aon in Talks to Buy Rival Willis Towers Watson
Tag: Aon
Chubb Partners with Impact Forecasting to Develop New Terrorism Risk Model for New York City
Chubb announced on Friday a partnership with Impact Forecasting, Aon’s catastrophe model development center of excellence, to develop a new terrorism risk model for Manhattan in New York City and other dense urban environments. Risk modelling specialists from Chubb and Impact Forecasting are utilizing a unique approach to model terrorism exposures in order to enable… Continue reading Chubb Partners with Impact Forecasting to Develop New Terrorism Risk Model for New York City
Aon Reports Fourth Quarter Results
Aon came out with quarterly earnings of $2.16 per share, beating the Zacks Consensus Estimate of $2.13 per share. This compares to earnings of $2.35 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 1.41%. A quarter ago, it was expected that this insurance… Continue reading Aon Reports Fourth Quarter Results