Aon Plc announced a
10% increase in their
quarterly cash dividend and made significant strides in its acquisitions by agreeing to
buy NFP for about $13.4 billion and
acquiring U.S. and U.K. reinsurance brokerage business from Gallagher Re. They also reached agreements resolving class action suits such as the $7.5 million settlement concerning workers' 401(k) and a $9 million deal involving FirstGroup workers. The 401(k) lawsuits were not entirely settled, with Aon facing an ongoing case. Aon's
Q3 and Q1 2023 earnings call transcripts were released, but they faced a possible setback from a
data breach leading to a class action lawsuit. Key
management reported buying company stock, and they launched
FI Protect 360 Insurance Solution for financial institutions. Despite the data breach, Aon made a noteworthy stride towards environmental efforts by partnering with Revalue Nature to
accelerate global decarbonization efforts. Strategic partnership was also observed with
Manchester United and
PayPal, which may bolster their innovation index. Aon had some significant developments towards workforce management, releasing an
enhanced platform for managing workers' compensation risk.
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 -2
- Innovation 2
- Information 6
- Rumor -1
