Aon Plc recently announced a 10% increase to its quarterly cash dividend. The company has also reported a revenue increase of 10% in Q3 2023. Aon has faced some legal challenges with a data breach prompting a class action lawsuit and another related to 401(k) class suit which resulted in $7.5 million settlement. Expanding its horizons, Aon has agreed to buy NFP for about $13.4 billion in cash, stock and completed the acquisition of Risk Management Firm Stroz Friedberg, while also launching Intellectual Property Solutions group. However, it has ceased pursuing the acquisition of Willis Towers. The company is also focusing on solutions for contemporary challenges with the launch of its FI Protect 360 Insurance Solution designed specifically for financial institutions. Aon has shown commitment towards sustainability and decarbonization by joining forces with Revalue Nature. On the downside, the company is revising the number of parties affected by a recent data breach, which has led to ongoing lawsuits.
Aon Plc Class A AON News Analytics from Tue, 05 Mar 2013 08:00:00 GMT to Thu, 09 May 2024 08:16:00 GMT -
Rating 5
- Innovation -3
- Information 8
- Rumor -2
