Aon's Renewal of Aon Client Treaty Expands Insurance Capacity [Yahoo! Finance]
Aon plc Class A Ordinary Shares (Ireland) (AON)
Last aon plc class a ordinary shares (ireland) earnings: 5/1 06:00 am
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Source: Yahoo! Finance
Now entering its 10th year, ACT will provide co-insurance of 28.5% of the business placed through Aon's Global Broking Centre in London. This marks the largest capacity increase from 22.5% in 2024. Moreover, the treaty has added three new market partners, and all current participants have renewed their commitments. ACT's strength lies in streamlining insurance placements and aligning the interests of clients and insurers. This move bodes well for AON as it will attract and retain more clients as they get access to insurance faster for complicated risks through ACT. More clients should translate into top-line growth for an insurance broker like Aon, resulting in market leadership. This milestone highlights Aon's commitment to delivering innovative and scalable risk solutions. Since its launch in 2016, ACT has facilitated over $3.5 billion in gross written premiums, providing clients access to sustainable insurance capital. The addition of new insurers and retention of existing one
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AON
Earnings
- 10/25/24 - Beat
AON
Sec Filings
- 12/2/24 - Form 4
- 11/29/24 - Form 4
- 11/27/24 - Form 144
- AON's page on the SEC website