Filed Under:Agent Broker, Agency Technology

Aon to Remain on S&P 500

NU Online News Service, March 28, 2:37 p.m. EDT

Aon Corp. will remain on the S&P 500 index following its reorganization into a newly formed public-limited company, Aon plc., and moving its headquarters from Chicago to London.

In a statement, Standard & Poor’s says that each share of Aon Corp. common stock will be exchanged for one “Class A Ordinary” share of Aon plc. on a one-for-one basis before the opening of trading on Monday, April 2.

Shareholders approved the move on March 16 by a vote of 98 percent of the shares voted.

The insurance broker says the move will not result in any job loss and Aon plans to add positions at its Chicago offices.

Featured Video

Most Recent Videos

Video Library ››

Top Story

5 questions agents must ask when writing winery and vineyard insurance

Visiting a vineyard can be a relaxing way to spend a Saturday, but the process of wine-making exposes winery and vineyard owners to a range of risks, from vine to table.

Top Story

3 key things that the insurance industry needs to know about aluminum vehicles

It's a brave new world, as new fuel efficiency standards are forcing vehicle changes that will impact repairs.

More Resources

Comments

eNewsletter Sign Up

Agent & Broker Insider eNewsletter

Proven success tips and essential information to help agents and brokers grow their practice – FREE. Sign Up Now!

Mobile Phone

Advertisement. Closing in 15 seconds.