Aon Corporation will remove an additional 400 positions during its three-year restructure. The US-based broker has increased its initial estimate of 1,400 employee positions to be eliminated by the end of 2007 to 1,800.
In an official Securities and Exchange Commission filing, Aon Corporation also increased its estimate of the charges resulting from the restructure from $250m to $262m, with expected savings of $180m, compared with $150m in the previous estimate.
An Aon spokesman said that the additional retrenchments would not affect the UK business.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
