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Investor News

12/10/15 Indian economy suffers $3bn loss from persistent floods amid low insurance penetration, according to Aon catastrophe report
Insurance pay-outs for India flood event estimated at around $300m Impact Forecasting , Aon Benfield's catastrophe model development team, today launches the latest edition of its monthly Global Catastrophe Recap report , which evaluates the impact of the natural disaster events that occurred worldwide during November 2015 . Aon Benfield is the global reinsurance intermediary and capital advisor of Aon plc (NYSE:AON). The report reveals that an enhanced North East Monsoon – almost certainly impacted by current El Niño conditions – brought weeks of torrential rainfall to southern India and Sri Lanka for much of November and early December, killing at least an estimated 386 people in the heavily impacted states of Tamil Nadu and Andhra Pradesh. The Chennai metropolitan region in India was particularly damaged by the event. Total economic losses in India were estimated to reach INR200 billion ( USD3.0 billion ), as India's General Insurance Corporation reported insurance claims of around...
11/12/15 2015 Records Lowest U.S. Health Care Cost Increases in Nearly 20 years
- Rate of increase was 3.2% - Average health care cost per employee topped $11,000 - Employees' share of health care costs have increased more than 134% since 2005 After plan design changes and vendor negotiations, a recent analysis by Aon (NYSE: AON) shows the average health care rate increase for mid-size and large companies was 3.2 percent in 2015, marking the lowest rate increase since Aon began tracking the data in 1996. Aon projects average premium increases will jump to 4.1 percent in 2016. "The sluggish growth in the economy has deterred many individuals from using medical services, and there's also been modest price inflation-both factors have been primary drivers for the low rates of premium increases over the past few years," said Mike Morrow, senior vice president of Aon Health. "As prescription drug costs continue to grow at a double-digit pace and the economy picks up speed, it's likely these premium rates will start to climb." Despite the low rate of increase, the...
11/05/15 Global catastrophe losses in October expected to top USD10bn, according to Aon report
Record 22 global tropical cyclones have now developed in the Northern Hemisphere in 2015 Impact Forecasting , Aon Benfield's catastrophe model development team, today launches the latest edition of its monthly Global Catastrophe Recap report, which evaluates the impact of the natural disaster events that occurred worldwide during October 2015 . Aon Benfield is the global reinsurance intermediary and capital advisor of Aon plc (NYSE:AON). The report reveals that the expected USD2.0 billion minimum economic cost of the South Carolina & eastern U.S. floods will place the event as one of the top 10 costliest non-tropical cyclone flood events in the country since 1980. Public and private insurers have already reported more than USD400 million in payouts. Meanwhile, Hurricane Patricia became the strongest tropical cyclone ever recorded in the Western Hemisphere when its maximum sustained wind speeds reached 200 mph (325 kph) and made landfall in Mexico . Preliminary economic damage was...
11/04/15 72% of Organizations with Minimum Wage Employees Do Not Pay Workers Above Minimum Wage
New Aon Research: Employees and Consumers Expected to Feel Cost Impact of a Minimum Wage Increase Despite recent reports showcasing organizations that are increasing employees' pay above the minimum wage, new research from Aon Hewitt , the global talent, retirement and health solutions business of Aon plc (NYSE: AON), reveals that 72 percent of organizations with minimum wage employees currently do not have a plan to pay those employees above the mandated rate. Additionally, of those organizations, 59 percent reported they will not address any changes until minimum wage increases become law. In the interim, they plan to adjust wages, as needed, through current salary review cycles. Aon Hewitt's survey examined responses from 135 major U.S. organizations that employ labor at minimum wage, and was developed to better understand how employers are likely to address the impact of a government mandated increase to minimum wage rates. "The majority of employers are taking a 'wait-and-see'...
10/30/15 Aon Reports Third Quarter 2015 Results
Third Quarter Key Metrics and Highlights - Total revenue was $2.7 billion with organic revenue growth of 2% - Operating margin was 15.1%, and operating margin, adjusted for certain items, increased 30 basis points to 17.9% - EPS was $1.04, and EPS, adjusted for certain items, decreased 4% to $1.24 - Repurchased 6.3 million Class A Ordinary Shares for approximately $600 million Nine Months Key Metrics and Highlights - Total revenue was $8.4 billion with organic revenue growth of 2% - Operating margin was 13.5%, and operating margin, adjusted for certain items, increased 20 basis points to 18.4% - EPS was $2.80, and EPS, adjusted for certain items, increased 3% to $3.92 - Cash flow from operations increased 22% to $1.1 billion, and free cash flow increased 21% to $850 million - Repurchased 11.7 million Class A Ordinary Shares for approximately $1.15 billion   Aon plc (NYSE: AON) today reported results for the three months ended September 30, 2015. Net income attributable to...
10/27/15 Enhanced U.S. flood model assesses 1.4 million miles of rivers for potential losses
Impact Forecasting, Aon Benfield's catastrophe model development team, has enhanced its United States riverine flood model to more precisely quantify flood risk at a much higher resolution. This enables insurers to better understand the peril and apply insights to underwriting decisions and reinsurance purchases through improved data and the latest scientific research. Aon Benfield is the global reinsurance intermediary and capital advisor of Aon plc (NYSE:AON) and is launching the enhanced model at 2015 PCI Annual Meeting in Hollywood, Florida . Inland flooding has accounted for about two-thirds of all disaster declarations in the past 50 years with economic costs reaching a high of USD34bn* in 1993. Recently in 2015, floods impacting Texas, Oklahoma and South Carolina have caused billions of dollars of new damage and loss and reinforced the need for advanced inland flood risk models. While detailed flood maps are available in the U.S. to identify floodplains and locate properties at...
10/27/15 Returns set to rise for U.S. homeowners insurers, according to annual Aon study
Aon Benfield, the global reinsurance intermediary and capital advisor of Aon plc (NYSE:AON), has launched its 2015 Homeowners ROE Outlook report, which forecasts that prospective returns for U.S. homeowners insurers continue to improve. The report reveals that insurers' prospective after-tax return-on-equity (ROE) for U.S. homeowners insurance business is 8.6 percent on a countrywide average, and 12.6 percent excluding the state of Florida, both of which are a 70 basis point improvement over last year. Furthermore, the study reveals 36 states where the expected return will exceed 10 percent, enabling carriers to cover their cost of capital. The general improvement in the prospective ROE for 2015 has been driven by three key factors: Improved prospective rate levels in primary insurance rates; A decline in the estimated catastrophe loss ratio, resulting from updates to the vendor catastrophe models used in the study; The decreasing cost of reinsurance, utilized by insurers to mitigate...
10/26/15 Aon to expand Florida operations with enhanced reinsurance and analytical capabilities
Aon Benfield , the global reinsurance intermediary and capital advisor of Aon plc (NYSE: AON), today announced the expansion of its reinsurance and analytical capabilities in the state of Florida . In line with rising client demand for complex risk transfer solutions and specific expertise in the dynamic Florida insurance market, beginning January 2016, Aon Benfield will increase the number of reinsurance broking and analytics colleagues based in its West Palm Beach office. The office will report into Bob Keane , Aon Benfield Executive Managing Director, and will initially be staffed by Managing Directors Gard Olbers and Chris Lux .  Mr. Olbers has been located in the West Palm Beach office for three years, and over his 15 year career with Aon Benfield has also worked in the New York , Connecticut , and New Jersey offices.  Mr. Lux has 11 years of broking experience in the Florida reinsurance market and has spent the past six years working for Aon Benfield in Bermuda.  On the...
10/20/15 Employers are Taking Action to Help Workers Close the Retirement Savings Gap
Aon survey shows more employers are making changes to their 401(k) plans to boost participation and encourage savings With only one-in-five workers on track to retire at age 65, a new survey from Aon Hewitt , the global talent, retirement and health solutions business of Aon plc (NYSE:AON), reveals U.S. employers are taking steps to help workers save more and improve their long-term financial outlook. Aon Hewitt's survey of more than 360 employers, representing over 10 million employees, shows 401(k) plans are shifting in three key areas: Company Match: To encourage workers to save more, employers are putting more "skin in the game." 42 percent of companies match dollar-for-dollar, up from 31 percent in 2013. Before 2013, $0.50 per $1.00 was the most common formula. Automatic Enrollment: Employers are defaulting employee contributions at a higher rate. Of the employers that automatically enroll their workers: 52 percent automatically enroll workers at a savings rate of 4 percent or...
10/15/15 Aon Declares Quarterly Dividend
Aon Declares Quarterly Dividend   LONDON – October 14, 2015 – Aon plc (NYSE:AON), the leading global provider of risk management and human resource consulting and outsourcing, announced today that the Board of Directors has declared a quarterly cash dividend of $0.30 per share on outstanding Class A Ordinary Shares. The dividend is payable November 16, 2015 to shareholders of record on November 2, 2015. # About Aon Aon plc  (NYSE:AON) is a leading global provider of  risk management , insurance brokerage and  reinsurance  brokerage, and  human resources  solutions and  outsourcing   services. Through its more than 69,000 colleagues worldwide,  Aon   unites to empower results for clients in over 120 countries via  innovative   risk  and  people   solutions. For further information on our capabilities and to learn how we empower results for clients, please visit:  http://aon.mediaroom.com ....
10/08/15 Aon Announces Third Quarter 2015 Earnings Release and Conference Call
LONDON -October 8, 2015 - Aon plc  (NYSE:AON), the leading global provider of  risk management  and  human resource consulting  and  outsourcing , plans to announce third quarter 2015 results on Friday, October 30 th , 2015 in a news release to be issued before the market opens. Greg Case, president and CEO, will host a conference call at 7:30 am Central Time on Friday, October 30 th , 2015. The conference call will be broadcast live through Aon's website at  www.aon.com . Adobe Flash is required to listen to this webcast. A replay will be available shortly after the live webcast. The earnings release and supplemental slide presentation will be available on Aon's web site at  www.aon.com . About Aon Aon plc  (NYSE:AON) is a leading global provider of  risk management , insurance brokerage and  reinsurance  brokerage, and  human resources  solutions and  outsourcing  services. Through its more than...
10/08/15 California wildfire claims breach $1bn as peak season begins, according to Aon catastrophe report
U.S. economy suffers $2bn loss from wildfires - the highest in eight years Impact Forecasting , Aon Benfield's catastrophe model development team, today launches the latest edition of its monthly Global Catastrophe Recap report, which evaluates the impact of the natural disaster events that occurred worldwide during September 2015 . Aon Benfield is the global reinsurance intermediary and capital advisor of Aon plc (NYSE:AON). The report reveals that several wildfires impacted California during the month; the Valley Fire, which occurred northwest of San Francisco, was the third-most damaging wildfire in state history, killing four people and destroying 1,958 homes and other structures. Forecast economic losses from the fire were in excess of USD1.5 billion, with preliminarily insured losses estimated at more than USD925 million. Meanwhile, the Butte Fire, which occurred southeast of Sacramento and was the seventh-most damaging wildfire in state history, killed two people and caused...
09/03/15 Global drought losses to surpass $8bn as El Niño intensifies: Aon catastrophe report
U.S. economy suffers $3bn drought loss with agriculture sector enduring the greatest impact Impact Forecasting , Aon Benfield's catastrophe model development team, today launches the latest edition of its monthly Global Catastrophe Recap report, which evaluates the impact of the natural disaster events that occurred worldwide during August 2015 . Aon Benfield is the global reinsurance intermediary and capital advisor of Aon plc (NYSE:AON). The report reveals that in the United States, severe drought conditions persisted in western regions with total economic losses expected to reach at least USD3.0 billion – mostly attributable to agricultural damage in California. Several Caribbean and Central American nations issued alerts as droughts worsened. Drought conditions also affected Eastern Europe , Africa , the Caribbean , and Central America during August, with combined economic losses of more than USD2.6 billion occurring in Romania , Czech Republic , and Poland . As El Niño continues...
09/01/15 Three-in-Five US Workers May Need to Work Past Age 65
Aon Analysis Finds Most Workers Will Likely Need to Work Longer or Save More to Meet their Financial Needs in Retirement A new analysis from Aon Hewitt , the global talent, retirement and health solutions business of Aon plc (NYSE:AON), reveals that most workers will likely be working longer to save enough to maintain their standard of living in retirement. Aon Hewitt's analysis of 77 large U.S. employers, representing 2.1 million employees, projects the average worker will need to save 11 times their final pay at retirement (age 65) to keep their preretirement lifestyle. Exact income replacement depends on the unique situation of each worker including age, income, anticipated retirement age and Social Security. Aon Hewitt finds most workers are coming up short when it comes to preparing for retirement. Only one-in-five are on track to meet or exceed their needs in retirement at age 65. An additional 20 percent may be close to having reasonably adequate savings with some lifestyle...
08/26/15 U.S. Organizations Report Highest Compensation Spend in 39 Years
Variable Pay Drives Record Spending; Companies Controlling Fixed Costs Research from Aon Hewitt , the global talent, retirement and health solutions business of Aon plc (NYSE: AON), shows total compensation and spending for U.S. employees  reached a record high of 15.8 percent in 2015, with the majority of funds allocated toward variable pay, such as incentives, bonuses and cash awards. According to Aon Hewitt's 2015 U.S. Salary Increase Survey of 1,214 organizations, salaried exempt workers will see base pay rise by 2.9 percent and variable pay increase by 12.9 percent in 2015. By comparison, total compensation and spending budgets for salaried exempt employees was 11.4 percent in 1996, with 3.9 percent accounting for salary and 7.5 percent accounting for bonuses. "Organizations are under immense pressure to keep costs in line to remain competitive, and as a result, we are seeing more than 90 percent of companies shifting more of their spending to variable pay because this type of...
08/06/15 Typhoon Chan-hom causes USD1.5bn economic loss in China, according to Aon catastrophe report
Study also reveals additional cyclone losses across Asia neared USD500m in July Impact Forecasting , Aon Benfield's catastrophe model development team, today launches the latest edition of its monthly Global Catastrophe Recap report, which evaluates the impact of the natural disaster events that occurred worldwide during July 2015 . Aon Benfield is the global reinsurance intermediary and capital advisor of Aon plc (NYSE:AON). The report reveals that Typhoon Chan-hom tracked across much of the Western Pacific Ocean during the month, causing extensive damage in China, Japan's Okinawa Island chain, South Korea, Taiwan and Guam, killing at least six people and injuring 30 others. Total economic losses were estimated at more than USD1.6 billion , with China bearing the greatest impact; according to China's Ministry of Civil Affairs , damage from Chan-hom had resulted in a CNY9.1 billion ( USD1.5 billion ) economic loss, mainly as a result of damage to agricultural interests and...
07/31/15 Aon Reports Second Quarter 2015 Results
Second Quarter Key Metrics - Total revenue was $2.8 billion with organic revenue growth of 2% - Operating margin was 9.9%, and operating margin, adjusted for certain items, increased 80 basis points to 19.0% - EPS was $0.62, and EPS, adjusted for certain items, increased 5% to $1.31 - For the first six months of 2015, cash flow from operations increased 10% to $365 million, and free cash flow increased 2% to $223 million Second Quarter Highlights - Repurchased 3.0 million Class A Ordinary Shares for approximately $300 million - Announced a 20% increase to the quarterly cash dividend   Aon plc (NYSE: AON) today reported results for the three months ended June 30, 2015. Net income attributable to Aon shareholders was $178 million, or $0.62 per share, compared to $304 million, or $1.01 per share, for the prior year quarter.  Net income per share attributable to Aon shareholders, adjusted for certain items, increased 5% to $1.31, compared to $1.25 in the prior year quarter,...
07/24/15 Qin Lu Joins Aon as CEO, Aon Benfield Greater China and CEO, Aon Risk Solutions, China
New appointment will help to align Aon's retail and reinsurance businesses in the region Aon plc (NYSE: AON), the leading global provider of risk management and human resource consulting and outsourcing , today announced the appointment of Qin Lu as CEO, Aon Benfield Greater China and CEO, Aon Risk Solutions China, with effect from later this year. Subject to regulatory approval in China, Qin will join the regional management teams of Aon Benfield and Aon Risk Solutions respectively and will report jointly to Malcolm Steingold, Chief Executive Officer, Asia Pacific, Aon Benfield, and Sandeep Malik, Chief Executive Officer, Aon Risk Solutions Asia.  Qin will be based in Hong Kong. With 20 years of industry experience and a strong track record, Qin has extensive experience across Asia.  In his most recent role as President of Swiss Re, China and Member of Swiss Re Asia Management team, Qin led the development and execution of Swiss Re's China strategy to achieve a market-leading...
07/21/15 Catastrophes losses hit USD46 billion but represent a 58% drop in the first half average: Impact Forecasting report
Quietest first half for global natural disaster losses since 2006 Impact Forecasting , Aon Benfield's catastrophe model development team, today launches the latest edition of its Global Catastrophe Recap: First Half of 2015 report , which evaluates the impact of the natural disaster events that occurred worldwide in the first six months of the year. Aon Benfield is the global reinsurance intermediary and capital advisor of Aon plc (NYSE: AON). Global natural disaster losses during the first half of 2015, from both an economic and insured loss perspective, were each below the 10-year (2005-2014) average. Preliminary data determined that economic losses were USD46 billion, down 58 percent from the 10-year average of USD107 billion, and insured losses were USD15 billion, down 47 percent from the 10-year average of USD28 billion.* The percentage of global economic losses that were covered by insurance (including both private insurers and government-sponsored programs) was 31 percent. This...
07/15/15 Aon Survey: Employers Split on the Impact that Carrier Consolidation Will Have on Their Health Strategies
In the wake of the proposed Aetna and Humana merger, a new pulse survey from Aon (NYSE: AON) reveals that companies have varying opinions on the impact that existing and future health insurer consolidation will have on their organization's health and benefits strategy. On July 8, Aon conducted a brief pulse survey of approximately 100 companies to gauge their initial reactions to current and future carrier consolidation. Twenty-one percent said carrier consolidation will provide greater cost efficiencies that will be reflected in better cost management. Forty-six percent, however, believe it will result in fewer health plan options for them and their employees. One-third said it will not greatly impact their organization or employees. Despite these differences of opinion, 44 percent of companies do not expect to make any meaningful changes to their overall health strategies. The remaining 54 percent said they are considering a few options. These include: Reassessing their current...
07/10/15 Aon Declares Quarterly Dividend
 LONDON – July 10, 2015 – Aon plc (NYSE:AON), the leading global provider of risk management and human resource consulting and outsourcing, announced today that the Board of Directors has declared a quarterly cash dividend of $0.30 per share on outstanding Class A Ordinary Shares. The dividend is payable August 17, 2015 to shareholders of record on August 3, 2015. # About Aon Aon plc  (NYSE:AON) is a leading global provider of  risk management , insurance brokerage and  reinsurance  brokerage, and  human resources  solutions and  outsourcing   services. Through its more than 69,000 colleagues worldwide,  Aon   unites to empower results for clients in over 120 countries via  innovative   risk  and  people   solutions. For further information on our capabilities and to learn how we empower results for clients, please visit:  http://aon.mediaroom.com . Follow Aon on...
07/09/15 Peers Most Likely to Influence Employers' Health Strategies; 2016 Election a Non-Factor
Aon Survey Shows Little Action Planned for 2015 Most employers plan to change their long-term health strategies to evolve with the changing health landscape, yet a new Aon Hewitt survey shows there has been little effort over the past year to move in that direction. So what is most likely to drive the impetus for change? According to Aon Hewitt's survey of more than 1,000 companies, one of the biggest drivers is what other employers do. More than three-quarters of companies (77 percent) said the actions of their peers have a significant or moderate influence on their own health care strategies, and 59 percent said so do the actions of major employers in their key geographies. Surprisingly, 46 percent said the upcoming 2016 Presidential and Congressional Election will have little to no impact on their health strategy. About half (49 percent) said it will have some impact, but they plan to move forward and will develop some alternatives tied to different election scenarios. "Cost...
07/08/15 China monsoon losses approached $4bn in June, according to Aon catastrophe report
Study also reveals insurance payouts to breach $500m following U.S. severe weather Impact Forecasting , Aon Benfield's catastrophe model development team, today launches the latest edition of its monthly Global Catastrophe Recap report, which evaluates the impact of the natural disaster events that occurred worldwide during June 2015 . Aon Benfield is the global reinsurance intermediary and capital advisor of Aon plc (NYSE:AON). The report reveals that seasonal monsoon rains led to widespread flood and landslide damage across Asia during the month, including in China, where at least 50 people were killed and 100,000 homes damaged or destroyed. According to the Ministry of Civil Affairs, total aggregate economic losses reached almost USD4.0 billion. Elsewhere, areas of South Asia and Africa were impacted by monsoon-triggered floods that resulted in more than 140 fatalities in Bangladesh , India , Myanmar , Nepal , and Côte d'Ivoire. New Zealand's North Island was also inundated, with...
07/07/15 Aon Announces Second Quarter 2015 Earnings Release and Conference Call
Aon Announces Second Quarter 2015 Earnings Release and Conference Call   LONDON – July 7, 2015 – Aon plc ( NYSE:AON), the leading global provider of risk management and human resource consulting and outsourcing , plans to announce second quarter 2015 results on Friday, July 31st, 2015 in a news release to be issued before the market opens. Greg Case, president and CEO, will host a conference call at 7:30 am Central Time on Friday, July 31st, 2015. The conference call will be broadcast live through Aon’s website at www.aon.com. Adobe Flash is required to listen to this webcast. A replay will be available shortly after the live webcast. The earnings release and supplemental slide presentation will be available on Aon’s web site at www.aon.com . # About Aon Aon plc (NYSE:AON) is a leading global provider of risk management, insurance brokerage and reinsurance brokerage, and human resources solutions and outsourcing services. Through its...
07/07/15 U.S. Pension Funded Status Deficit Drops $81 Billion in 2nd Quarter of 2015
Stronger Interest Rates, Decreases in Plan Liabilities Were Key Factors, According to Aon Hewitt The funded status of U.S. pension plans improved in the second quarter of 2015, with the deficit declining by $81 billion for the quarter, according to an analysis by Aon Hewitt , the global talent, retirement and health solutions business of Aon plc (NYSE:AON). According to the Aon Hewitt Pension Risk Tracker, which evaluates daily funded status for S&P 500 companies with defined benefit pension plans, second quarter aggregate pension funded status reached 83.4 percent, up from 80.7 percent in the first quarter of 2015. "As interest rates improved over the quarter, overall plan liabilities decreased, leading to better funded status for U.S. pension plans," said, Ari Jacobs , Global Retirement Solutions leader at Aon Hewitt. "Moving into the second half of the year, pension plan sponsors will need to keep a watchful eye on changes to interest rates, which could cause volatility in...
06/25/15 Companies Turn their Focus to Excise Tax; Pre-65 Retiree Strategies in Wake of King v. Burwell Ruling
Aon Hewitt experts available to comment on implications for companies and individuals Today the U.S. Supreme Court handed down a decision on the King v. Burwell case, which ruled that individuals can continue to receive subsidies to purchase health care insurance on the federal exchange. Health care experts from Aon Hewitt , the global talent, retirement and health solutions business of Aon plc (NYSE: AON), are available to comment on what's next for employers and individuals. According to Aon, with the decision made, many companies will turn their focus to three key areas: reporting compliance, the excise tax and pre-65 retiree health care strategies. "This case was the last major judicial hurdle that the Affordable Care Act had to clear before full implementation," said J.D. Piro , senior vice president at Aon and leader of Aon's Health Law Group . "Now employers have to focus on reporting on compliance with the individual and employer mandates for 2016, along with determining the...
06/04/15 Insurance claims set to exceed $1bn following U.S. severe thunderstorms and flooding
Spate of thunderstorms and tornadoes cost U.S. economy more than $3bn in May Impact Forecasting , Aon Benfield's catastrophe model development team, today launches the latest edition of its monthly Global Catastrophe Recap report, which evaluates the impact of the natural disaster events that occurred worldwide during May 2015 . Aon Benfield is the global reinsurance intermediary and capital advisor of Aon plc (NYSE:AON). The report reveals that powerful thunderstorms caused major flooding across the U.S. states of Texas and Oklahoma during the month, killing 41 people and damaging more than 5,000 homes in Texas alone, resulting in what proved to be the wettest May on record for both states. Meanwhile, severe weather prompted 412 preliminary reports of tornadoes by the U.S. Storm Prediction Center – which would equal the highest monthly number of U.S. tornadoes since April 2011 (758). Total aggregated severe thunderstorm and flood economic losses for May were expected to near USD3.0...
06/03/15 Global Employee Engagement Levels Have Plateaued, and Average Employee's Perception of the Work Experience is Deteriorating
According to Aon Research, Nearly Half of Employees Dissatisfied with Top Drivers of Engagement New research from Aon Hewitt , the global talent, retirement and health solutions business of Aon plc (NYSE: AON), finds that while employee engagement levels have plateaued, employees' overall work experience is deteriorating?particularly their perceptions about the resources and programs that enable them to grow and perform. Aon Hewitt's Trends in Global Employee Engagement study represents the perspectives of more than 9 million employees at over 1,000 companies in 164 countries. According to the report, global employee engagement levels reached 62 percent in 2014, up just 1 percentage point from 2013. Employee engagement across the countries with the world's 20 largest economies and labor pools remained flat at 61 percent. Despite modest increases in engagement, Aon Hewitt's study shows that employees' net satisfaction with their work experience plummeted 28 percentage points in 2014....
05/28/15 Despite Record-High 401(k) Plan Balances, Few Workers are Actively Managing their Portfolios
Study Finds Fewer than 1 in 5 Employees Rebalanced their 401(k) Accounts in 2014 While 401(k) plan balances and participation are at record-highs, a new survey from Aon Hewitt , the global talent, retirement and health solutions business of Aon plc (NYSE:AON), reveals that few U.S. workers are actively managing their 401(k) portfolios, leaving opportunity for workers to be more proactively involved in their accounts and improve long-term savings. According to Aon Hewitt's analysis of 138 defined contribution (DC) plans, representing 3.5 million eligible workers, participation in 401(k) plans reached 79 percent at the end of 2014, the highest level since Aon Hewitt began tracking this data in 2002. The average plan balance also hit an all-time high of $100,320, up notably from $91,060 at the end of 2013. Additionally, Aon Hewitt found that nearly one quarter of workers (24 percent) increased their contribution rate in 2014. However, few workers are proactive when it comes to managing...
05/20/15 Companies Look to Transition Retirees to Health Exchanges
Aon Survey Shows 66% of Companies Planning to Make Changes to Pre-65 Retiree Strategies; Most Favoring an Exchange Approach Challenges and opportunities created by the Affordable Care Act are prompting two-thirds of companies to consider altering their pre-65 retiree health strategies over the next few years, according to a new Aon Hewitt survey. Of those, 35 percent are favoring sourcing health coverage through the public exchanges under a defined contribution approach. Twenty-eight percent are considering eliminating pre-65 retiree coverage and subsidies altogether. Aon Hewitt's 2015 Retiree Health Care survey of 349 companies covering 3.2 million retirees found that few companies have already taken action with respect to their pre-65 strategies. Just six percent of companies have already decided to move some portion of their pre-65 retirees to the public exchanges to secure health coverage, and another nine percent are offering retirees a choice between the group program and the...
05/14/15 Sun Life Financial adopts Aon PathWise™ variable annuity platform
PathWise boosts operational performance for a leading global financial services firm Aon Benfield Securities , the investment banking division of global reinsurance intermediary and capital advisor Aon Benfield, a wholly-owned subsidiary of Aon plc (NYSE: AON), today announces that its PathWise variable annuity risk management platform has been adopted by Sun Life Financial Inc. , a leading provider of long-term savings, investment and insurance solutions. The platform is enabling Sun Life Financial to achieve significant gains in the speed and efficiency of its financial reporting, risk management processes, and new product development activities. Peter Phillips , President of Aon Benfield Securities' PathWise Solutions Group , said: " Sun Life Financial recognized the importance of properly managing variable annuity or segregated fund risk and required a quickly deployable, customizable and comprehensive integrated business platform with very strong audit controls. PathWise provides...
05/07/15 Preliminary economic impact of Nepal earthquake may reach $5bn
Losses from disaster could equal as much as 25% of Nepal's GDP Impact Forecasting , Aon Benfield's catastrophe model development team, today launches the latest edition of its monthly Global Catastrophe Recap report, which evaluates the impact of the natural disaster events that occurred worldwide during April 2015 . Aon Benfield is the global reinsurance intermediary and capital advisor of Aon plc (NYSE:AON). The report reveals that a magnitude-7.8 earthquake struck Nepal during the month, killing as many as 10,000 people and causing catastrophic damage throughout Nepal, India, China, and Bangladesh. Preliminary economic losses were expected to reach and possibly exceed USD5.0 billion – which would equal to at least 25 percent of Nepal's gross domestic product (GDP) – with very low insurance penetration in the region. Government figures revealed that more than 700,000 homes and other structures were damaged or destroyed by the earthquake, as well as dozens of historical sites....
05/06/15 Third-Year Enrollment Results in the Aon Active Health Exchange Underscore Long-Term Sustainability of Private Exchanges
- Renewed participation from 100% of employers and insurance companies - Engaged consumers, with consistent buying patterns year over year - Average annual health cost increases of 2.6% over two years compared to industry projections of 6.5%-8% Aon Hewitt today announced that the third-year enrollment results from the Aon Active Health Exchange further demonstrate that well-designed private health exchanges can deliver on their promise to control cost, engage consumers and offer broad choice. Aon Hewitt is the global talent, retirement and health business of Aon plc (NYSE: AON). The Aon Active Health Exchange, the industry's first and only fully insured private exchange built for large companies, creates a competitive marketplace for health insurance by featuring multiple insurance carriers that compete for each employee's business by offering a standardized menu of plans and coverage levels. All of the companies and insurance carriers that participated in the Aon Active Health...
05/01/15 Aon Reports First Quarter 2015 Results
First Quarter Key Metrics - Total revenue was $2.8 billion with organic revenue growth of 3% - Operating margin decreased 40 basis points to 15.5%, and operating margin, adjusted for certain items, decreased 50 basis points to 18.3% - EPS was $1.14, and EPS, adjusted for certain items, increased 7% to $1.37 - Cash flow from operations increased $147 million to $136 million, and free cash flow increased $140 million to $74 million First Quarter Highlights - Repurchased 2.5 million Class A Ordinary Shares for approximately $250 million - On February 2, 2015, Aon completed its acquisition of UK-based Kloud, the largest dedicated Workday consultancy firm outside of the United States, advancing Aon Hewitt's ability to serve clients as one of the world's largest Workday providers - Subsequent to the close of the first quarter, Aon announced a 20% increase to its quarterly cash dividend Aon plc (NYSE: AON) today reported results for the three months ended March 31, 2015. Net income...
04/20/15 Aon Analysis Shows Double-Digit Increases in U.S. Pharmacy Costs by 2016
U.S. pharmacy cost increases for active employees and pre- and post-65 retirees are expected to drift into the low double-digits by 2016, according to an analysis by Aon Hewitt , the global talent, retirement and health solutions business of Aon plc (NYSE: AON). Pharmacy cost increases before plan design changes are projected to be 9.5 percent in 2015 and will continue to rise to 10 percent in 2016. Aon Hewitt predicts a similar rate of increase in 2017, with pharmacy costs rising by 10.5 percent. "Medical cost increases over the past few years have offset some of the higher pharmacy costs in the short-term, but for 2015 and 2016, there will be more pressure than relief on pharmacy cost," said Tim Nimmer, global chief actuary for Aon Health. "This is primarily due to high price inflation for brand and specialty drugs, a slowdown in blockbuster drugs losing patent protection, generic dispensing rates leveling off, and the robust pipeline of specialty drugs including the new Hepatitis C...
04/10/15 Aon Announces 20% Increase to Annual Cash Dividend
LONDON – April 10, 2015 – Aon plc (NYSE : AON) announced today that its Board of Directors has authorized a 20% increase to its annual cash dividend paid quarterly on Aon’s outstanding Class A Ordinary Shares.   Consistent with the increase in the dividend, the Board of Directors has declared a quarterly cash dividend of $0.30 per share on outstanding Class A Ordinary Shares, reflecting a 20% increase from $0.25 per share. The dividend is payable May 15, 2015 to shareholders of record on May 1, 2015.   About Aon Aon plc (NYSE:AON) is the leading global provider of risk management, insurance and reinsurance brokerage, and human resources solutions and outsourcing services. Through its more than 69,000 colleagues worldwide, Aon unites to empower results for clients in over 120 countries via innovative and effective risk and people solutions and through industry-leading global resources and technical expertise. Aon has been named repeatedly as the world’s best broker, best...
04/09/15 Funded Status of U.S. Pension Plans Falls in 1st Quarter, Aon Analysis Finds
The funded status of U.S. pension plans dropped in the first quarter of 2015 as liabilities outpaced asset growth, according to a new analysis by Aon Hewitt , the global talent, retirement and health solutions business of Aon plc (NYSE: AON). According to Aon Hewitt's Pension Risk Tracker[1], the funded deficit for U.S. pensions increased by $32 billion in the first quarter of 2015 and the aggregate funded ratio dropped to 82.0 percent in the first quarter of 2015, from 83.2 percent in the previous quarter. "The first quarter saw variability in funded status from month to month, with February's improved funded status ultimately being offset by decreases in both January and March," explained Ari Jacobs , Global Retirement Solutions leader at Aon Hewitt. "Falling interest rates continue to drive liabilities higher, outpacing pension asset growth. As a result, we anticipate continued settlement activity throughout 2015. Additionally, in-year declines in interest rates may contribute to...
04/08/15 March windstorms cause billion-dollar damage across Europe, according to Aon catastrophe study
Windstorm Niklas recorded as costliest non-U.S. event in first quarter 2015 Impact Forecasting , Aon Benfield's catastrophe model development team, today launches the latest edition of its monthly Global Catastrophe Recap report, which evaluates the impact of the natural disaster events that occurred worldwide during March 2015 . Aon Benfield is the global reinsurance intermediary and capital advisor of Aon plc (NYSE:AON). The report reveals that Windstorms Mike and Niklas swept through western and central Europe at the end of March, killing at least nine people and causing widespread damage. Hurricane-force winds were noted in parts of Germany, the UK, Netherlands, Switzerland, Austria, and Poland, with Germany sustaining the most significant damage. Based on preliminary damage reports from each country and local insurers, it is expected that total economic and insured losses are each likely to exceed USD1.0 billion. Adam Podlaha , Head of Impact Forecasting, said: "The costly losses...
04/08/15 Aon Hewitt Study Reveals Strong Link Between Employee Engagement and Employee Perceptions of Total Rewards. Honest Leader Communication Also Influences Engagement
With rising health benefit costs and relatively flat wage increases deflating employees' perceptions of their work environment, new survey data from Aon Hewitt , the global talent, retirement and health solutions business of Aon plc (NYSE: AON), shows a strong relationship between employees' perceptions of their Total Rewards package and their overall engagement levels. Aon Hewitt recently surveyed more than 2,500 U.S. employees at mid-size and large U.S. employers to determine their perspectives and attitudes about their employment experience?including values and culture, work environment, engagement, total rewards and communication. The survey found that 60 percent of engaged employees say their Total Rewards overall (everything an employer provides to an employee, including pay, benefits, and the work environment) are above or well above what other employers offer, while only one-quarter (24 percent) of those who are disengaged say so. Similarly among engaged employees, half (51...
04/02/15 Aon Announces First Quarter 2015 Earnings Release and Conference Call
  Aon Announces First Quarter 2015 Earnings Release and Conference Call     LONDON – April 2, 2015 – Aon plc (NYSE: AON) plans to announce first quarter 2015 results on Friday, May 1, 2015 in a news release to be issued before the market opens.  Greg Case, president and CEO, will host a conference call at 7:30 am Central Time on Friday, May 1, 2015.  The conference call will be broadcast live through Aon’s website at www.aon.com . Adobe Flash is required to listen to this webcast. A replay will be available shortly after the live webcast.  The earnings release and supplemental slide presentation will be available on Aon’s web site at www.aon.com .   About Aon Aon plc (NYSE:AON) is the leading global provider of risk management, insurance and reinsurance brokerage, and human resources solutions and outsourcing services. Through its more than 69,000 colleagues worldwide, Aon unites to empower results for clients in over 120 countries via...
03/17/15 Aon Benfield appoints new leader of London Accident, Health and Life team
Roger Smith brings 30 years' experience to new role Aon Benfield , the global reinsurance intermediary and capital advisor of Aon plc (NYSE: AON), today announces that Roger Smith has been appointed leader of the firm's London Accident, Health and Life team. Mr. Smith has 30 years' experience in his field, having previously achieved great success as leader of Aon Benfield's US Accident and Health practice group. Based in London and reporting to Richard Dudley , Aon Benfield Head of UK & Ireland and Specialties, he will now develop and implement plans to bring strategic growth to the London Accident, Health and Life team. The US Accident, Health and Life practice group will now be managed by Robert Black, Patrick Malloy and Mitchell Schepps, who are all experienced leaders with a wealth of knowledge of the sector. Ellsworth Whiteman , Global Practice Leader of Aon Benfield Accident, Health and Life , said: "This new role represents a great opportunity for Roger, and is testament to...
03/06/15 Insurers face minimum $1bn payout following February U.S. winter weather losses, according to Aon catastrophe study
Boston set to register snowiest winter season on record Impact Forecasting , Aon Benfield's catastrophe model development team, today launches the latest edition of its monthly Global Catastrophe Recap report, which evaluates the impact of the natural disaster events that occurred worldwide during February 2015 . Aon Benfield is the global reinsurance intermediary and capital advisor of Aon plc (NYSE: AON). The report reveals that five separate periods of heavy snow, frigid cold, freezing rain and ice impacted the U.S. Northeast, Mid-Atlantic, Midwest, Plains and Southeast during the month, killing 72 people. Boston registered its snowiest and second-coldest February on record, and was poised to challenge the winter season of 1995/96 as the snowiest in its recorded history. Early estimates suggest aggregated economic losses from the events will be in the low-digit billions of dollars, with insured losses likely to exceed USD1.0 billion . Steve Bowen, Impact Forecasting senior...
02/12/15 Aon Hewitt Survey Reveals More Pension Plan Sponsors Likely to Adopt Settlement Strategies to Better Manage Risk
Employers taking Additional Actions to address Future Costs of Pension Plans A new survey from Aon Hewitt , the global talent, retirement and health solutions business of Aon plc (NYSE: AON), shows that almost two-thirds of employers plan to take actions in 2015 to curb Pension Benefit Guaranty Corporation (PBGC) premium costs down the road, with most of those likely to elect settlement strategies. Aon Hewitt's survey of 183 defined benefit (DB) plan sponsors reveals nearly one-quarter (22 percent) are very likely to offer terminated vested participants a lump sum window in 2015. Additionally, 19 percent of employers plan to increase cash contributions to reduce PBGC premiums in the year ahead, and 21 percent are considering purchasing annuities for a portion of their plan participants. "A growing number of plan sponsors anticipate increasing pension plan costs due to recent changes to the Society of Actuaries longevity models and rising PBGC premiums," explained Ari Jacobs , Global...
02/10/15 Aon Hewitt Study Reveals Nearly Half of Millennials Intend to Pursue New Jobs in 2015
Research shows gaps in what employees' desire compared to what their current environment offers At a time when employers are looking to attract and retain talent, new survey data from Aon Hewitt , the global talent, retirement and health solutions business of Aon plc (NYSE: AON),  shows that 43 percent of Millennials plan to actively look for a new job in 2015. According to Aon Hewitt, Millennials feel that what they value in an organization is different than the priorities of their current workplace. Most employees believe their employers' current values focus on more organizational-oriented themes, including teamwork, profit and customer satisfaction. When asked what qualities are the most desirable in an organization, Millennials cited more relationship-oriented values, including work/home balance, employee recognition, loyalty and respect. Other values with large perception gaps between current and desired include open communication, professional growth, fairness, humor/fun,...
02/09/15 Aon Hewitt Delegated Investment Solutions Reaches $54 Billion in Assets Under Management Globally
Aon Hewitt , the global talent, retirement and health solutions business of Aon plc (NYSE: AON), today announced that its global investment consulting business now holds $54 billion (USD) in assets under management for its delegated investment solutions clients around the world. Delegated investment or fiduciary management as it is also known, involves the delegation by pension fund trustees of day-to-day investment decision-making and implementation to a third party, usually their investment consultant or an investment manager. "We continue to see a strong demand for delegated services globally," explained Kemp Ross global head of Solutions and Operations at Aon Hewitt. "To help our clients face their challenges head on, we continue to invest in people and resources throughout the world and are launching new delegated solutions such as delegated defined contribution consulting services, which have launched in the U.S. and U.K." Globally, Aon Hewitt provides delegated or fiduciary...
02/06/15 Aon Reports Fourth Quarter and Full Year 2014 Results
Fourth Quarter Key Metrics and Highlights - Total revenue was $3.3 billion with organic revenue growth of 6% - Operating margin increased 320 basis points to 19.2%, and operating margin, adjusted for certain items, increased 180 basis points to 23.0% - EPS increased 37% to $1.56, and EPS, adjusted for certain items, increased 23% to $1.89 - Repurchased 5.4 million Class A Ordinary Shares for approximately $500 million - On November 17, 2014, the Company announced the authorization of a new $5 billion share repurchase program in addition to the existing program previously authorized in April 2012 Full Year Key Metrics and Highlights - Total revenue was $12.0 billion with organic revenue growth of 3% - Operating margin increased 220 basis points to 16.3%, and operating margin, adjusted for certain items, increased 50 basis points to 19.5% - EPS increased 32% to $4.66, and EPS, adjusted for certain items, increased 17% to $5.71 - Cash flow from operations increased 1% to a record $1.6...
02/05/15 Winter storms buffet western economies in January, according to Aon Benfield catastrophe report
Impact Forecasting , Aon Benfield's catastrophe model development team, today launches the latest edition of its monthly Global Catastrophe Recap report, which evaluates the impact of the natural disaster events that occurred worldwide during January 2015 . Aon Benfield is the global reinsurance intermediary and capital advisor of Aon plc (NYSE: AON). The report reveals that regions of Western Europe were struck by a series of four powerful windstorms over a seven-day span during January. Windstorms Elon, Felix, Gunter, and Hermann impacted Ireland, the United Kingdom, Norway, Denmark, Germany, and Poland, causing tens of thousands of power outages, and severe disruption to travel and transport. Economic and insured losses were expected to reach hundreds of millions of euros. Adam Podlaha , Head of Impact Forecasting, said: "In combining our existing European wind model platform with the fact that we can create footprints of the recent windstorms events such as Elon and Felix within...
02/03/15 Aon Hewitt Acquires Largest Dedicated Workday Consultancy Outside the U.S.
Acquisition of Kloud Enhances Aon Hewitt's Ability to Meet Growing Client Demand for Workday HR Platform in Europe and Globally Aon Hewitt , the global talent, retirement and health solutions business of Aon plc (NYSE: AON), today announced the acquisition of UK -based Kloud, the largest dedicated Workday consultancy outside the U.S. With this transaction, Aon Hewitt will become the largest provider of Workday services in Europe , and be fully resourced to empower results for multinational clients as one of the world's largest Workday providers. Kloud, a leading Workday partner specializing in deployment and application management, is the implementation partner for many European companies who have shifted to Workday. As adoption to Workday grows in Europe, this acquisition positions Aon Hewitt to significantly expand and accelerate its Workday services. In 2012, Aon Hewitt acquired the leading U.S. Workday deployment firm and has since provided many Workday clients with end-to-end...
02/02/15 Aon to Present at the Bank of America Merrill Lynch 2015 Insurance Conference
  LONDON – February 2, 2015 - Aon plc (NYSE: AON) today announced that Greg Case, President and CEO, will present at the Bank of America Merrill Lynch 2015 Insurance Conference in New York on Thursday, February 12, 2015 at 10:35 a.m. Eastern Time.  Interested parties may access a webcast of the presentation through Aon’s website at www.aon.com or via the following URL address:   http://www.veracast.com/webcasts/baml/insurance2015/id31205142621.cfm     About Aon Aon plc (NYSE:AON) is a leading global provider of risk management, insurance and reinsurance brokerage, and human resources solutions and outsourcing services. Through its more than 66,000 colleagues worldwide, Aon unites to empower results for clients in over 120 countries via innovative and effective risk and people solutions and through industry-leading global resources and technical expertise. Aon has been named repeatedly as the world’s best broker, best insurance intermediary, reinsurance...
01/21/15 Aon Hewitt Survey Finds Most Companies are Improving Automatic Features in 401(k) Plans to Help Workers Increase their Savings
To improve the long-term financial outlook for workers, a new survey from Aon Hewitt , the global talent, retirement and health solutions business of Aon plc (NYSE: AON), reveals that the majority of companies now offer automatic features in their 401(k) plans to ensure that workers are saving enough to receive full company matching contributions over time. According to Aon Hewitt's survey of approximately 100 companies with defined contribution (DC) plans, 29 percent of employers automatically enroll participants in the plan at a savings rate that is at or above the company match threshold. Another 27 percent of employers automatically enroll individuals below the full match rate, but automatically escalate contributions over time so that workers will eventually be saving enough to receive the full company match. "In the past, employers automatically enrolled workers into 401(k) plans at low rates and workers often wouldn't increase their contributions enough to reach the full...
01/21/15 Aon Hewitt Projects Global Medical Cost Increases will Dip Slightly in 2015
Average Global Rate is Six Percentage Points Higher than General Inflation A new report from Aon Hewitt, the global talent, retirement and health solutions business of Aon (NYSE: AON), estimates that the average cost increase for employer-sponsored medical plans globally will dip slightly in 2015 but continue to significantly exceed general inflation levels. Aon Hewitt's report reflects the medical trend expectations of employer-sponsored medical plans in 84 countries based on reported data from Aon professionals, clients and carriers represented in the portfolio of Aon medical plan business in each country. The report shows that in 2015, medical costs are expected to increase by 10.15 percent before plan design changes and vendor negotiations—6 percentage points higher than the average inflation rate. In 2014, the global average medical trend was 10.34 percent. While the global average medical trend is expected to decline, three regions-Asia Pacific, Europe and Latin America-are...
01/15/15 Aon Announces Fourth Quarter and Full Year 2014 Earnings Release and Conference Call
LONDON – January 15, 2015 – Aon plc (NYSE: AON) plans to announce fourth quarter and full year 2014 results on Friday, February 6, 2015 in a news release to be issued before the market opens.  Greg Case, president and CEO, will host a conference call at 7:30 am Central Time on Friday, February 6, 2015.  The conference call will be broadcast live through Aon’s website at www.aon.com . Adobe Flash is required to listen to this webcast. A replay will be available shortly after the live webcast.  The earnings release and supplemental slide presentation will be available on Aon’s web site at www.aon.com .   About Aon Aon plc (NYSE:AON) is the leading global provider of risk management, insurance and reinsurance brokerage, and human resources solutions and outsourcing services. Through its more than 66,000 colleagues worldwide, Aon unites to empower results for clients in over 120 countries via innovative and effective risk and people solutions and through...
01/14/15 Aon Declares Quarterly Dividend
LONDON – January 14, 2015 – Aon plc (NYSE : AON) announced today that the Board of Directors has declared a quarterly cash dividend of $0.25 per share on outstanding Class A Ordinary Shares.   The dividend is payable February 17, 2015 to shareholders of record on February 2, 2015.    About Aon Aon plc (NYSE:AON) is the leading global provider of risk management, insurance and reinsurance brokerage, and human resources solutions and outsourcing services. Through its more than 66,000 colleagues worldwide, Aon unites to empower results for clients in over 120 countries via innovative and effective risk and people solutions and through industry-leading global resources and technical expertise. Aon has been named repeatedly as the world’s best broker, best insurance intermediary, best reinsurance intermediary, best captives manager, and best employee benefits consulting firm by multiple industry sources. Visit aon.com for more information on Aon and aon.com/manchesterunited...
01/14/15 Aon Hewitt Survey Shows Employers are Offering More Tools and Resources to Improve Financial Outcomes for Workers
Companies are also Taking Steps to Reduce Defined Contribution Plan Costs to Improve Returns As employers expand their focus on the overall financial well-being of their workers, a new survey from Aon Hewitt , the global talent, retirement and health solutions business of Aon plc (NYSE: AON), reveals that an increasing number of companies are broadening the types of financial and retirement planning tools and resources they provide to workers. Employers are also taking advantage of the size and purchasing power of their defined contribution (DC) plans to reduce costs and improve returns for employees. According to Aon Hewitt's survey of nearly 250 U.S. employers representing approximately six million employees, 93 percent intend to focus on the financial well-being of their employees in a way that extends beyond retirement. Nearly half (46 percent) are very likely and another 47 percent are somewhat likely to add new plan features, mobile apps or online tools to assist individuals...
01/13/15 Natural catastrophe insurance losses hit five-year low in 2014 according to Impact Forecasting annual catastrophe study
Impact Forecasting , Aon Benfield's catastrophe model development team, today launches its Annual Global Climate and Catastrophe Report , which evaluates the impact of the natural disaster events that occurred worldwide during 2014. Aon Benfield is the global reinsurance intermediary and capital advisor of Aon plc (NYSE:AON). The report reveals that 258 separate global natural disasters occurred in 2014, compared to a ten-year average of 260 events, causing a combined total insured loss of USD39 billion – 38 percent below the ten-year average of USD63 billion, and the lowest annual insured loss total since 2009. The two costliest insured loss events of the year were both a result of severe thunderstorms, in June ( Europe : USD3.0 billion ) and in May ( United States : USD2.9 billion ). Meanwhile, global economic losses from natural catastrophes in 2014 stood at USD132 billion – 37 percent below the ten-year average of USD211 billion. The September flood event in northern India and...

Stock Quote: NYSE

Price 153.70

Change -0.71

Volume 759,143

% Change -0.46%

Intraday High 155.26

52 Week High 166.55

Intraday Low 152.68

52 Week Low 134.79

Today's Open 154.07

Previous Close 154.41

Jan 22, 2019 04:03 PM Pricing delayed 20 minutes

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