News

Property insurance was the only line of business that increased in the third quarter, representing a continuation of trends in the past two quarters, according to the Risk & Insurance Management Socie

The company reported on Thursday that net income rose from a loss of $66 million, a loss of $6.16 per share last year, to $162 million, or $15.01 a share in the third period--a more than 300 percent in

John "Jack" T. Sinnott, vice chairman, office of the chief executive officer, plans to retire, effective Dec. 31, according to the New York-based professional services company Marsh & McLennan Compani

While saying the results were "obviously very satisfactory," the company added, "Our insurance business has benefited in a major way from the absence of catastrophe losses. This is not due to manageri

Aon has separated its Asia Pacific operations from Europe, Middle East and Africa, all of which were based in the Netherlands as Aon Holdings. The Asia Pacific unit, headed by Bernie Fung, chief execu

While Aon continues to make investments to drive organic growth, its president and chief executive officer, Greg Case, emphasized last week that the country's second-biggest insurance brokerage can