Aon and Norton™ LifeLock™ Develop Solution to Help High-Net-Worth Individuals Defend Assets Against Cyber Criminals
Posted today (23 hours ago)
NEW YORK and MOUNTAIN VIEW, Calif., Dec. 13, 2018 /PRNewswire/ -- Aon plc (AON), the leading global professional services firm providing a broad range of risk, retirement and health solutions, and Norton™ LifeLock™, a Symantec brand (SYMC) today announced the development of a comprehensive solution that will help high-net-worth individuals be protected online and safeguard their assets from lurking cyber criminals. "Our proprietary platform utilizes a scalable, dynamic infrastructure to deliver best-in-class solutions to our clients," said J. Hogg, CEO of Cyber Solutions at Aon.
UK watchdog orders shake up of advisers to pension trustees
Posted on Dec 12, 2018 (2 days ago)
Poor competition in the market for advice to pension fund trustees has resulted in "substantial customer detriment", Britain's competition watchdog said on Wednesday. UK pension schemes have total assets of 1.6 trillion pounds, and the Competition and Markets Authority (CMA) made site visits to the three major advisers: Aon (AON.N), Mercer (MERC.O), and Willis Towers Watson (WLTW.O). Pension scheme are required by law to seek advice before investing, and the CMA found that half of them buy fiduciary management from the investment consultants they already hire.
Aon Poll Shows Eight in Ten SMEs Blind to Risk of a Cyber Attack and Data Loss
Posted on Dec 12, 2018 (2 days ago)
A new poll of SMEs and micro businesses shows over half are confused by or even unaware of the rules around GDPR, while more than eight out of ten don't see cyber attacks or data loss as a significant risk for their business. The poll comes on the back of a survey earlier this year from the National Cyber Security Programme that revealed nearly half of UK businesses experienced at least one cyber security breach or attack in 2017.
Investment consultants, gatekeepers to the UK’s pension fund industry, are a case in point. Charges and performance comparisons are often opaque. Nearly a third of trustees think these consultants steer clients towards delegating investment decisions to their fiduciary management services.
See what the IHS Markit Score report has to say about Aon PLC.
Posted on Dec 11, 2018 (3 days ago)
Short interest is extremely low for AON with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting AON. The net inflows of $7.65 billion over the last one-month into ETFs that hold AON are not among the highest of the last year and have been slowing.
Hedge funds and large money managers usually invest with a focus on the long-term horizon and, therefore, short-lived dips on the charts, usually don’t make them change their opinion towards a company. This time it may be different. During the first 6 weeks of the fourth quarter we observed increased volatility and small-cap stocks underperformed […]
United States wildfire costs to exceed $10bn for second year running, according to Aon catastrophe report
Posted on Dec 7, 2018 (7 days ago)
Camp Fire most destructive on record in California causing 88 deaths and affecting nearly 20,000 structures CHICAGO , Dec. 7, 2018 /PRNewswire/ -- Aon's Impact Forecasting team today launches the latest ...
[$$] ‘Smart’ insurance helps poor farmers to cut risk
Posted on Dec 4, 2018 (9 days ago)
Now, however, more than 20,000 farms in Ghana, Kenya and Uganda have access to simple and affordable crop insurance via their smartphones. The policies or “smart contracts” currently under development are based on blockchain, the distributed ledger technology that underpins cryptocurrencies like bitcoin. Conventional crop insurance is too expensive for more than 500m small farmers worldwide, says Christopher Sheehan, founder and chief executive of US-based WorldCover, which developed the system.
Aon Corporation -- Moody's rates Aon's senior notes Baa2, stable outlook
Posted on Nov 29, 2018 (14 days ago)
Moody's Investors Service has assigned a Baa2 rating to $350 million of 10-year senior unsecured notes being issued by Aon Corporation, the main US holding company under UK-based Aon plc (NYSE:AON -- guaranteed senior unsecured debt Baa2). The notes are being issued off Aon's multi-purpose shelf registration and will be guaranteed by Aon plc. The company will use net proceeds of the offering to pay down a portion of outstanding commercial paper and for general corporate purposes. The rating outlook for Aon Corporation and Aon plc is stable.