Latest news with #Aonplc
Malaysian Reserve
3 days ago
- Business
- Malaysian Reserve
Canadian defined benefit pension plans show increased funded levels in Q2: Aon
TORONTO, July 2, 2025 /CNW/ — Aon plc (NYSE: AON), a leading global professional services firm, announced today that the aggregate funded ratio for Canadian pension plans in the S&P/TSX Composite Index increased to 109 percent compared to 105.5 percent at the end of last quarter, according to the Aon Pension Risk Tracker. The Aon Pension Risk Tracker calculates the aggregate funded position on an accounting basis for companies in the S&P/TSX Composite Index with defined benefit plans. To access Aon's interactive tracker, which has been tracking this data since 2013, click here. Key findings for the quarter ending June 30, 2025 include: Pension assets gained 1.6 percent over the second quarter of 2025. The long-term Government of Canada bond yield increased 33 basis points (bps) relative to the previous quarter rate, and credit spreads narrowed by 9 bps. This combination resulted in an increase in discount rate of 24 basis points, to 4.67 percent. 'Pension plans regained the ground that they had lost in the first quarter of the year, but volatility and uncertainty are still the name of the game,' said Nathan LaPierre, partner for Wealth Solutions in Canada at Aon. 'Pension plan sponsors continue to evaluate how they may shield their plans from that uncertainty.' About AonAon plc (NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Through actionable analytic insight, globally integrated Risk Capital and Human Capital expertise, and locally relevant solutions, our colleagues provide clients in over 120 countries with the clarity and confidence to make better risk and people decisions that protect and grow their businesses. Follow Aon on LinkedIn, X, Facebook and Instagram. Stay up-to-date by visiting Aon's newsroom and sign up for news alerts here. Media ContactAlexandre Daudelin+1 514 967-9330
Cision Canada
3 days ago
- Business
- Cision Canada
Canadian defined benefit pension plans show increased funded levels in Q2: Aon Français
TORONTO, July 2, 2025 /CNW/ -- Aon plc (NYSE: AON), a leading global professional services firm, announced today that the aggregate funded ratio for Canadian pension plans in the S&P/TSX Composite Index increased to 109 percent compared to 105.5 percent at the end of last quarter, according to the Aon Pension Risk Tracker. The Aon Pension Risk Tracker calculates the aggregate funded position on an accounting basis for companies in the S&P/TSX Composite Index with defined benefit plans. To access Aon's interactive tracker, which has been tracking this data since 2013, click here. Key findings for the quarter ending June 30, 2025 include: Pension assets gained 1.6 percent over the second quarter of 2025. The long-term Government of Canada bond yield increased 33 basis points (bps) relative to the previous quarter rate, and credit spreads narrowed by 9 bps. This combination resulted in an increase in discount rate of 24 basis points, to 4.67 percent. "Pension plans regained the ground that they had lost in the first quarter of the year, but volatility and uncertainty are still the name of the game," said Nathan LaPierre, partner for Wealth Solutions in Canada at Aon. "Pension plan sponsors continue to evaluate how they may shield their plans from that uncertainty." About Aon Aon plc (NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Through actionable analytic insight, globally integrated Risk Capital and Human Capital expertise, and locally relevant solutions, our colleagues provide clients in over 120 countries with the clarity and confidence to make better risk and people decisions that protect and grow their businesses.
Arabian Post
4 days ago
- Business
- Arabian Post
Aon Survey Highlights the Critical Role of Skills in Shaping the Future Workforce Across APAC
90 percent of organisations consider skills-related initiatives to be highly important 61 percent of organisations have implemented skills-based programs to address top talent priorities Career development is emerging as the biggest use case for skills-related initiatives SINGAPORE – Media OutReach Newswire – 2 July 2025 – Aon plc (NYSE: AON), a leading global professional services firm, has released insights from its 2025 Asia Pacific (APAC) Skills Impact Survey Report, identifying critical skill gaps and assessing workforce readiness to guide strategic talent development across the APAC region. The study gathered input from over 135 organisations across APAC to identify common challenges businesses face in integrating skills into workforce decision-making, strategies, and whether organisations are beginning to prioritise skills over experience. 'As businesses face an increasingly dynamic environment, there is a strong need for relevant future-ready skills over traditional work experience to build a resilient and agile workforce,' said Puneet Swani, head of Talent Solutions for APAC at Aon. 'Organisations must prioritise skills development and leverage people analytics to improve HR and business outcomes. By doing so, they can foster a resilient and adaptable workforce ready to meet future challenges.' ADVERTISEMENT The survey found that the value of skills is critical for attracting and retaining talent, enhancing workforce agility and resilience, and building strong leaders. Almost 40 percent of organisations are at the critical stage of developing talent strategies and programs tailored around new and future skills. Furthermore, 68 percent of organisations have an articulated skills framework as the foundation for such practices. Overall, 44 percent of organisations are exploring technology tools, assessment platforms and external benchmarks for skills identification, but over half (56 percent) still depend on traditional methods such as job descriptions and manager surveys. Top skills influencing talent practices include career development and mobility, learning and development, recruitment and selection, succession planning and workforce planning. The study also found organisations are using skills information for employee career development, with nearly 40 percent of respondents already aligning skills with lateral role opportunities for colleagues. This strategy enhances employee experience and data shows it boosts candidate success rates. The survey expects within the next 12 – 24 months, around 45 percent of organisations will adopt the practice of aligning skills with lateral opportunities for colleagues. However, the survey respondents have identified barriers in advancing the skills agenda in their organisations. Maggie You, head of people advisory for APAC at Aon, said, 'The top challenges for progressing with skills initiatives include limited budget and resources, measuring program effectiveness, and identifying relevant skills. To overcome these barriers, organisations must take small steps by starting with pilot programs, using objective assessments and clear KPIs, engaging business stakeholders, and aligning skills frameworks with job architecture and external benchmarks.' ADVERTISEMENT Aon's 2025 Skills Survey report can be found here. Hashtag: #Aon The issuer is solely responsible for the content of this announcement. About Aon Aon plc (NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Through actionable analytic insight, globally integrated Risk Capital and Human Capital expertise, and locally relevant solutions, our colleagues provide clients in over 120 countries with the clarity and confidence to make better risk and people decisions that protect and grow their businesses. Follow Aon on LinkedIn, X, Facebook and Instagram. Stay up-to-date by visiting Aon's newsroom and sign up for news alerts here. Disclaimer The information contained in this document is solely for information purposes, for general guidance only and is not intended to address the circumstances of any particular individual or entity. Although Aon endeavours to provide accurate and timely information and uses sources that it considers reliable, the firm does not warrant, represent or guarantee the accuracy, adequacy, completeness or fitness for any purpose of any content of this document and can accept no liability for any loss incurred in any way by any person who may rely on it. There can be no guarantee that the information contained in this document will remain accurate as on the date it is received or that it will continue to be accurate in the future. No individual or entity should make decisions or act based solely on the information contained herein without appropriate professional advice and targeted research.
Business Wire
24-06-2025
- Business
- Business Wire
New Heights for M&A Insurance Claims Payouts, Aon Study Reveals
CHICAGO--(BUSINESS WIRE)-- Aon plc (NYSE: AON), a leading global professional services firm, today announced the latest edition of its Global Transaction Solutions Claims Study, informed by Aon's proprietary claims data and surveyed insurer data. The study reveals there has been a significant increase in claims activity around Representations and Warranties (R&W) insurance, also known as Warranty and Indemnity (W&I) insurance, with 2024 being the highest year on record for M&A insurance payouts. Aon's North America claims team has helped facilitate over 100 paid claims for clients in the last three years, including 39 in 2024 alone, which recovered over $300m, with a median payment of $5.5m. Activity in Europe, the Middle East and Africa (EMEA) continues to increase year-over-year, with claims notifications up by 26 percent in 2024 and the quantum of W&I claims payments up significantly, with recoveries in 2024 alone accounting for more than 35 percent of all paid claims for Aon clients in the region to date. The study analyzes claims severity and payment trends in EMEA against the wider backdrop of regional M&A deal activity, with a spotlight on key jurisdictions and success stories. In the Asia Pacific (APAC) region, a number of key trends have emerged including an increasing variety of categories of W&I breaches being claimed in Asia, including an increasing proportion of regulatory, litigation-related and disclosure-related claims, a high incidence of disclosure-related breaches in Australia and New Zealand (ANZ) representing almost 30 percent of W&I claims, as well as a consistent relatively high frequency of claims in smaller transactions particularly in ANZ. Asia has also seen a larger number of W&I and tax liability policy claims coming out of India-based risks in 2024 (making up more than 30 percent of all Asia claims), with tax risks relating to both cross-border treaty matters as well as fully domestic Indian tax risks. Drivers of R&W and W&I claims In North America, R&W claims were driven by alleged breaches of warranties relating to compliance with laws (20 percent), followed by tax (17 percent) and material contracts (13 percent). In EMEA, breach of tax warranties (26 percent) represented the top driver by frequency for W&I claims, but the biggest drivers of paid claims were breaches of warranties relating to financial statements (27 percent), compliance with laws (13.2 percent) and material contracts (11 percent). In APAC, the top W&I claims drivers were breaches of warranties relating to material contracts (19 percent) and legal compliance, tax and license permits, all at 12.5 percent of claims. Cross-industry comparisons Aon's Global Transaction Solutions Claims Study analyzes industry sectors in North America to draw comparisons between deals, claims and payments and the issues driving loss. Despite the different risk profiles between sectors, there is a remarkably even distribution across the identified industries for claim frequency and severity when compared to the percentage of deals they comprise in the overall deal pipeline. Dealmakers can apply the sector insights gathered to inform their approach for subsequent M&A activity in that industry, while insurers may be comforted that there is no one 'high risk' industry for R&W breaches. 'Understanding global M&A insurance claims trends isn't just insightful — it's essential to helping our clients navigate risk and make smarter deal decisions. R&W insurance has become an embedded part of dealmaking and risk mitigation, as evidenced through this most recent record year in claims payouts. It offers critical protection that enables transaction execution with greater confidence,' said Stephen Davidson, global head of claims at Aon. 'This study reinforces that while the coverage itself is vital, the real key to successful claims outcomes lies in collaboration. When insurers, brokers and insureds work together, we consistently see fair, efficient resolutions that preserve deal value and support long-term client success.' Other key findings from the report include: Aon has been involved in over 1,600 notified R&W and W&I claims, helping its clients to secure over $1.75bn in payments globally. More than $500m has been paid to Aon clients on notices submitted more than 12 months post-close of the transaction. To the end of 2024, the Aon claims team has worked with insurers to recover almost $200m in paid claims for Aon's EMEA clients. A steady rise in the rate of notifications across Asia shows insureds becoming more aware of policy benefits and the importance of engaging with their broker at the inception of the claim. About Aon Aon plc (NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Through actionable analytic insight, globally integrated Risk Capital and Human Capital expertise, and locally relevant solutions, our colleagues provide clients in over 120 countries with the clarity and confidence to make better risk and people decisions that protect and grow their businesses.
Cision Canada
23-06-2025
- Business
- Cision Canada
Aon Launches Aon Broker Copilot to Modernize Insurance Placement with AI and Data at Scale
Firm is undertaking one of the most ambitious digital transformations across the broker universe DUBLIN, June 23, 2025 /CNW/ -- Aon plc (NYSE: AON), a leading global professional services firm, today announced the launch of Aon Broker Copilot, a proprietary, patent-pending platform that uses artificial intelligence, large-language models and predictive analytics to transform the commercial insurance placement process. Developed in-house and co-designed with the firm's frontline brokers, Aon Broker Copilot is designed to streamline complex workflows, elevate placement strategy and deliver better outcomes for clients navigating an increasingly volatile risk environment. "Aon Broker Copilot equips our brokers with the tools to lead with insight powered by client priorities and real-time data," said Clyde Bernstein, head of placement technology and trading analytics for Aon. "For the first time, we're capturing and structuring data across all submissions—quoted or not taken up—so we can provide brokers and clients with live intelligence of pricing, carrier appetite and market sentiment. It's a smarter, faster way to make better decisions." By capturing and standardizing data from every submission—whether quoted, bound, or declined—Aon Broker Copilot provides an unprecedented view into how the global insurance market is pricing risk. This comprehensive dataset allows Aon to move beyond anecdotal insights, enabling brokers to deliver sharper, real-time advice to clients based on actual market behaviour, not just completed deals. It fills a critical intelligence gap, helping clients make better decisions in a dynamic and competitive environment. The platform integrates seamlessly with Aon's suite of Risk Analyzer and is powered by one of the industry's largest repositories of structured risk trading data. It enables Aon's brokers to surface analytics at the point of decision, prepare higher-quality submissions and engage with carriers in a more strategic and insightful manner. "As risk becomes more complex, the future of broking will belong to firms that can combine expertise with intelligence at scale. Aon Broker Copilot reflects how Aon is undertaking one of the most ambitious digital transformations across the broker universe. The platform is the next step in predictive broking, enabling our brokers to operate with greater precision, consistency and insight to deliver better outcomes for our clients around the world," said Joe Peiser, CEO of Commercial Risk for Aon. "The industry is undergoing a fundamental shift." "We're redefining how capital matches risk, harnessing digital innovation to deliver faster, smarter solutions that help our clients tackle emerging challenges before they escalate. By staying ahead of new and evolving threats, we ensure our clients are resilient, informed and primed to grow in a world where their most valuable assets are now intangible not physical." Launching first with Aon's U.S. National Property and London Global Broking Centre Property teams, the platform will expand to additional business lines and geographies throughout 2025 and 2026. Aon Broker Copilot also demonstrates the firm's 3x3 Plan in action—raising the bar on service delivery and scaling innovation across the firm. Specifically, in 2024, Aon committed $1 billion to help clients make better decisions on interconnected issues through its Risk Capital and Human Capital capabilities, while deploying AI and advanced analytics to turn data into real-time, actionable insight. With Aon Broker Copilot, the firm advances that mission and modernizes the business of broking, bringing together the firm's global scale, proprietary data and AI capabilities to help clients access capital with greater speed, clarity and confidence. Aon plc (NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Through actionable analytic insight, globally integrated Risk Capital and Human Capital expertise, and locally relevant solutions, our colleagues provide clients in over 120 countries with the clarity and confidence to make better risk and people decisions that protect and grow their businesses. Media Contact [email protected] Toll-free (U.S., Canada and Puerto Rico): +1 833 751 8114 International: +1 312 381 3024 SOURCE Aon plc
