06/14/22
Aon/Mergermarket M&A Study Finds Reasons for Optimism but Headwinds Persist in Wake of COVID-19 Pandemic
Aon plc (NYSE: AON), a leading global professional services firm, and Mergermarket, a provider of intelligence, data and analysis of global M&A, today released the latest edition of their global M&A Risk in Review report. The report suggests that last year's resurgence of M&A activity can be somewhat sustained, albeit perhaps not at the record levels seen in 2021, with dealmakers looking forward to future transactions as they seek opportunities amid recovering global growth and pursue digital transformation. The outlook is particularly strong for M&A in sectors such as Technology, Media and Telecom (TMT) and in the Asia Pacific region. "Even after the recent intense period of record M&A activity, dealmakers still maintain a healthy pipeline with cash at unprecedented levels," said Alistair Lester, global co-CEO of M&A and Transaction Solutions at Aon. "They are, however, faced with serious headwinds and new forms of volatility including geopolitical uncertainty...
06/02/22
Voluntary Employee Departures Spike 41 Percent Among U.S. Businesses, Aon Reports
Firm quantifies the "Great Resignation" and the challenges employers face attracting and retaining top talent Average budgeted employee salary increases reach 5.2 percent, up from 4.5 percent last year Aon plc (NYSE: AON) reported a 41 percent spike in voluntary employee departures last year amid the "Great Resignation" in the United States, according to data from the firm's Salary Increase and Turnover Study. Aon, a leading global professional services firm, reported 21.8 percent of U.S. employees left their jobs in 2021, of which 17.2 percent departed voluntarily. In 2020, 19.7 percent left employers, of which 11.9 percent departed voluntarily. "The spike we've seen in voluntary departures quantifies the challenges employers face during this period we call the 'Great Resignation,'" said Michael Burke, CEO for Human Capital Solutions at Aon. "Employers must look to the underlying root cause and not merely treat the symptoms. They will need to review total rewards strategies and look...
05/02/22
Aon and Paypal to Expand Access to Insurance for Small Businesses
− Unique and simplified digital experience will enable PayPal's small business customers in the U.S. to explore and obtain their insurance in the same ecosystem they use to manage their payments Aon plc (NYSE: AON) and PayPal Holdings, Inc. (NASDAQ: PYPL) today announced an initiative to help millions of PayPal's small business customers in the U.S. access insurance simply and quickly. The unique digital insurance program will enable PayPal's small business customers in the U.S. to shop for, purchase and manage insurance coverage through Aon's CoverWallet solution on the PayPal Commerce Platform , online and in minutes. Customers can also obtain personalized advice and guidance from Aon's licensed insurance advisors. PayPal already offers a range of solutions to help small businesses manage risk, like Seller Protection, Fraud Protection and Chargeback Protection (Terms apply. Fees may apply). By working with Aon, PayPal will be able to provide its small business customers with...
04/29/22
Aon Reports First Quarter 2022 Results
First Quarter Key Metrics Total revenue increased 4% to $3.7 billion, including organic revenue growth of 8% Operating margin increased 190 basis points to 37.2%, and operating margin, adjusted for certain items, increased 60 basis points to 38.0% EPS increased 18% to $4.73, and EPS, adjusted for certain items, increased 13% to $4.83 For the first three months of 2022, cash flows from operations decreased 17% to $463 million, and free cash flow decreased 17% to $440 million First Quarter Highlights Repurchased 2.8 million class A ordinary shares for approximately $0.8 billion Announced $7.5 billion increase in share repurchase authorization and 10% increase to quarterly cash dividend Announced the acquisition of actuarial software platform Tyche, expanding Aon's existing capital modeling capabilities to help re/insurer clients rethink access to capital and make better business decisions Named to Fast Company's annual list of the World's Most Innovative Companies, based on Aon's...
04/14/22
Aon Declares Quarterly Cash Dividend
Aon plc (NYSE: AON), a leading global professional services firm, announced on February 18, 2022, that the Board of Directors authorized a 10% increase to its quarterly cash dividend 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 $0.56 per share on outstanding Class A Ordinary Shares, reflecting a 10% increase from $0.51 per share. The dividend is payable May 13, 2022 to shareholders of record on May 2, 2022. About Aon Aon plc (NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Our colleagues provide our clients in over 120 countries with advice and solutions that give them the clarity and confidence to make better decisions to protect and grow their business. Follow Aon on Twitter and LinkedIn . Stay up-to-date by visiting the Aon Newsroom and sign up for News Alerts here . Investor Contact Investor Relations ...
04/14/22
Aon and BNY Mellon Announce a Multi-Faceted Strategic Data and Digital Alliance
Aon plc and The Bank of New York Mellon Corporation today announced a multi-faceted data and digital collaboration that will leverage the power and unique capabilities of both organizations to create new solutions to address evolving client needs. Together, Aon and BNY Mellon will focus on supporting the Environmental, Social and Governance (ESG) needs of clients globally, leveraging both firms' collective ESG data and analytics capabilities and unique data sets. In addition, Aon and BNY Mellon will explore opportunities to further enhance solutions in the areas of digital assets and data and analytics, as client needs continue to evolve. Corporations, institutional asset managers and investors alike are increasingly focused on issues related to ESG, and the impact they have on both corporate performance and sustainable investing objectives. Through this new collaboration, Aon and BNY Mellon will work together to help clients make better, more-informed investment strategy decisions by...
04/08/22
Aon Announces First Quarter 2022 Earnings Release and Conference Call
Aon plc (NYSE: AON), a leading global professional services firm, plans to announce first quarter 2022 results on Friday, April 29 th , 2022 in a news release to be issued at 5:00 am Central Time. Greg Case, CEO, will host a conference call at 7:30 am Central Time on Friday, April 29 th , 2022. The conference call will be broadcast live through Aon's website at www.aon.com . 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) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Our colleagues provide our clients in over 120 countries with advice and solutions that give them the clarity and confidence to make better decisions to protect and grow their business. Follow Aon on Twitter and LinkedIn . Stay up-to-date by visiting the Aon Newsroom and sign up for News Alerts here . Investor Contact...
03/01/22
Aon Acquires Tyche Platform to Expand Insurance Consulting Capabilities for Clients
Integration of Tyche into Aon's existing solutions will better enable re/insurers to rethink access to capital LONDON , March 1, 2022 /PRNewswire / - Aon plc (NYSE: AON), a leading global professional services firm, today announced it has acquired actuarial software platform Tyche from technology and software firm RPC Tyche. The transaction significantly expands Aon's existing capabilities to help re/insurer clients rethink access to capital and make better business decisions. The acquisition of Tyche will enable Aon to offer re/insurers a single technology platform with the ability to seamlessly integrate capital modelling, pricing and reserving to drive better decision-making across both life and non-life business. Nick Frankland, chairman of Aon's insurance consulting team, said: "This innovative new offering, combined with our existing global capabilities, will help to bring significant value to Aon's re/insurer clients and deliver new software and consulting solutions to...
02/18/22
Aon Announces Additional $7.5 Billion Share Repurchase Authorization and 10% Increase to Quarterly Cash Dividend
Aon plc (NYSE: AON), a leading global professional services firm, today announced that the Board of Directors has authorized an additional $7.5 billion in share repurchases. This is in addition to Aon's existing share repurchase program, which had approximately $1.7 billion of remaining authorization as of December 31, 2021. Total authorization increased to approximately $9.2 billion, before any share repurchase in the first quarter. Aon intends to complete the existing authorization before repurchasing shares under the new authorization. The Board of Directors has also authorized a 10% increase to its quarterly cash dividend on Aon's outstanding Class A Ordinary Shares to $0.56 per share. "Today's announcement reinforces our conviction in our Aon United strategy, strong free cash flow generation outlook, and continued focus on maximizing total return for shareholders," said Greg Case, Chief Executive Officer. "We continue to build momentum and believe our disciplined approach to...
02/04/22
Aon Reports Fourth Quarter and Full Year 2021 Results
Fourth Quarter Key Metrics and Highlights Total revenue increased 4% to $3.1 billion, including organic revenue growth of 10% Operating margin increased 760 basis points to 31.6%, and operating margin, adjusted for certain items, increased 590 basis points to 32.8% EPS increased 72% to $3.90, and EPS, adjusted for certain items, increased 42% to $3.71 Repurchased 6.7 million Class A Ordinary Shares for approximately $2.0 billion Appointed Jillian Slyfield as Chief Innovation Officer, a proven Aon leader who will build on the firm's innovation at scale strategy, delivering new sources of value for clients Full Year Key Metrics and Highlights Total revenue increased 10% to $12.2 billion, including organic revenue growth of 9% Operating margin decreased 800 basis points to 17.1%, and operating margin, adjusted for certain items, increased 160 basis points to 30.1% EPS decreased 34% to $5.55, and EPS, adjusted for certain items, increased 22% to $12.00 Cash flows from operations...
01/25/22
Aon: $343 Billion in Global Weather-, Catastrophe-Related Economic Losses Reported in 2021, Up From $297 Billion in 2020
Aon plc (NYSE: AON), a leading global professional services firm, today published its 2021 Weather, Climate and Catastrophe Insight report , which evaluates the increasing frequency and severity of disruptive natural disasters and how their resulting economic losses are protected globally. This data serves as the foundation for insights that can help business leaders quantify and qualify catastrophe-related risk and assess how their organizations can increase resilience amid an increasingly volatile climate. The report reveals a total of $343 billion in economic losses in 2021, $329 billion of which resulted from weather and climate-related events, making last year the third costliest year on record after adjusting for inflation. While losses were up from 2020, the number of notable disaster events slightly decreased, demonstrating the heightened costliness and severity of these events. Of the 2021 losses, only 38 percent were covered by insurance. Despite an increase in overall...
01/10/22
Aon Declares Quarterly Dividend
Aon plc (NYSE: AON), a leading global professional services firm, today announced that the Board of Directors has declared a quarterly cash dividend of $0.51 per share on outstanding Class A Ordinary Shares. The dividend is payable February 15, 2022 to shareholders of record on February 1, 2022. About Aon Aon plc (NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Our colleagues provide our clients in over 120 countries with advice and solutions that give them the clarity and confidence to make better decisions to protect and grow their business. Follow Aon on Twitter and LinkedIn . Stay up-to-date by visiting the Aon Newsroom and sign up for News Alerts here . Investor Contact Investor Relations
investor.relations@aon.com
+1 312 381 3310 Media Contact Nadine Youssef
mediainquiries@aon.com
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01/07/22
Aon Announces Fourth Quarter and Full Year 2021 Earnings Release and Conference Call
Aon plc (NYSE: AON), a leading global professional services firm, plans to announce fourth quarter and full year 2021 results on Friday, February 4 th , 2022 in a news release to be issued at 5:00 am Central Time. Greg Case, CEO, will host a conference call at 7:30 am Central Time on Friday, February 4 th , 2022. The conference call will be broadcast live through Aon's website at www.aon.com . 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) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Our colleagues provide our clients in over 120 countries with advice and solutions that give them the clarity and confidence to make better decisions to protect and grow their business. Follow Aon on Twitter and LinkedIn . Stay up-to-date by visiting the Aon Newsroom and sign up for News Alerts here...