Aon released its first workforce-focused study on GLP-1 medications, analyzing data from over 50 million commercially insured lives in the US.

The report shows that GLP-1 users experienced significantly improved health outcomes and a slower growth in healthcare costs. Specifically, after the initial rise in treatment costs, medical spend growth among GLP-1 users was seven percentage points lower in the second year compared to a matched control group. Users also had a 44 percent reduction in major cardiovascular-related hospitalizations and showed reduced incidence of several other chronic conditions.

Aon has implemented its own GLP-1 weight management program for its US employees, combining access to medication with virtual wellness support through eMed. This includes at-home blood testing, AI-driven monitoring, and 24/7 assistance. The initiative aims to boost medication adherence, support holistic health, and ultimately improve productivity while lowering long-term costs.

Aon plans to present its findings at the Milken Institute Global Conference, highlighting the economic and health value of addressing obesity with comprehensive support strategies. The company encourages other employers to adopt similar programs to help reshape workforce health and reduce chronic disease burdens.

Aon makes key leadership appointments within reinsurance client experience and advocacy

Aon announced new leadership appointments within its Reinsurance Solutions’ Client Services function to strengthen its global advocacy and client support. Steve Clark has been named global head of Claims and Client Services Advocacy, Ann Field has been appointed global head of Client Experience, Matt Moore will lead Client Services and Advocacy in North America, and David Griffiths will expand his role as global head of Claims Strategy and Innovation. These moves aim to enhance Aon’s ability to navigate growing client demands amid economic uncertainty and complex global events.

According to Leonora Siccardi, Aon's global head of Client Solutions for Risk Capital, these appointments will help Aon better support clients as they manage increasingly complicated claims and accounting challenges, including those stemming from events like the California wildfires, Hurricanes Helene and Milton, and the war in Ukraine.

Aon reported 16% total revenue growth and 5% organic revenue growth for the quarter ended March 31, 2025.

Earnings per share (EPS) were $4.43 and adjusted EPS were $5.67. Strong free cash flow supported continued small acquisitions and $397 million of capital returned to shareholders through dividends and share repurchases.

The company remains on track to meet its year-end leverage target of 2.8 to 3.0 times. Aon announced a 10% increase to its quarterly dividend, marking its 15th consecutive year of dividend growth, and reaffirmed its 2025 guidance for mid-single-digit or greater organic revenue growth, margin expansion, strong adjusted EPS growth, and double-digit free cash flow growth.

Aon Reports Record Q1 2025 Economic Losses of $83B Due to Natural Disasters

Aon released its Q1 Global Catastrophe Recap, revealing global economic losses of at least $83 billion — the highest ever recorded for a first quarter and significantly above the 21st-century average of $61 billion. The increase was primarily driven by California wildfires and other billion-dollar disasters, including severe storms in the U.S. and major earthquakes in Myanmar and China.

The U.S. alone accounted for $71 billion in economic losses, its highest Q1 total since 1994. In contrast, losses in other regions were below average. Q1 insured losses are expected to exceed $53 billion — more than triple the long-term Q1 average — with California wildfires contributing $38 billion (71%).

Aon also highlighted a narrowing insurance protection gap, with 64% of global catastrophe losses covered, resulting in the lowest Q1 protection gap (36%) since 1990. Over 6,000 fatalities were recorded in Q1 2025, 88% of them from the March earthquake in Myanmar.

Aon emphasized the importance of advanced risk management and launched its SCS Five-Step Framework in response to the rising impact of severe convective storms, which caused $54 billion in U.S. insured losses in 2024.

Aon plc Announces Retirement of Long-Serving Board Member Fulvio Conti

DUBLIN, Ireland – Aon plc (NYSE: AON) announced that Fulvio Conti, a member of the company’s Board of Directors, will retire following the completion of his current term at the upcoming 2025 Annual General Meeting. His departure will mark the end of over 15 years of service to the company.

In a notice dated April 7, 2025, Mr. Conti confirmed that his decision to retire is not the result of any disagreement with Aon regarding its operations, policies, or practices.

Lester Knight, Chair of Aon’s Board of Directors, praised Mr. Conti’s longstanding contributions:

“Fulvio has provided our Board with valuable perspectives and insights on international business and finance matters throughout his tenure. It has been my great privilege to serve alongside Fulvio, and we all wish him the very best.”

Mr. Conti's tenure with Aon has spanned a period of significant growth and transformation for the company, including strategic expansions and evolving regulatory environments in global risk management.

Aon plc, headquartered in Dublin, Ireland, is a leading global professional services firm providing a broad range of risk, retirement, and health solutions. The company’s shares and several of its debt instruments are actively traded on the New York Stock Exchange.

Aon has introduced its new Profitable Growth Tool, a benchmarking and advisory service designed to help insurers enhance performance and secure a competitive advantage. Launched on April 10, 2025, the tool was developed by Aon’s Strategy and Technology Group and builds upon the firm's Growth Decision Framework and analysis of over 100 global re/insurers.

The tool enables insurers to self-assess across seven critical performance categories, ranking themselves on a scale from one to five. They are then benchmarked within Aon’s Maturity Path Model and receive customized recommendations. Clients also have the option to consult with Aon experts to identify growth opportunities, address risks, and create actionable strategies.

The seven performance categories the tool emphasizes are: risk appetite, speed and agility, data and analytics, underwriting, talent, distribution, and capital. These are traits that Aon has identified as common among top-performing insurers.

Paul Campbell of Aon noted that strong cycle management strategies are crucial for insurers to sustain long-term success, particularly amid pressures like climate change and geopolitical risks. Rupert Moore added that the tool offers clients meaningful benchmarks and consultative guidance to optimize capital and talent, and ultimately enhance value for both policyholders and shareholders.

Aon Reports Favorable Reinsurance Market Conditions at April 2025 Renewals

Aon released its *Reinsurance Market Dynamics* report, highlighting improved pricing and expanded capacity in the global reinsurance market during the April 1 renewal period—particularly for Asia Pacific countries like Japan, South Korea, and India. These favorable “buyer-friendly” conditions are expected to continue into the mid-year renewals, bolstered by strong reinsurer performance and minimal natural catastrophe losses.

Reinsurer capital reached a record $715 billion in 2024, driven by strong earnings and a growing catastrophe bond market, which now holds nearly $50 billion in outstanding limit. Insurers in Japan and South Korea saw double-digit reductions in risk-adjusted property catastrophe rates, and even previously challenged areas like per-risk covers experienced better pricing.

Aon anticipates continued insurer demand for more than $7.5 billion in additional U.S. property catastrophe coverage at mid-year, with opportunities emerging for frequency protections and top-up covers.

Facultative reinsurance also saw significant growth, especially in Asia Pacific, with reinsurers offering more capacity and competitive terms, further benefiting insurers looking to expand and manage volatility.

The report also outlined traits of high-performing insurers, such as strong risk appetite, speed to market, use of data and analytics, innovative underwriting, top-tier talent, effective distribution, and flexible capital strategies.

As the final major renewal period of 2025 approaches, reinsurers are expected to compete actively to meet growth targets, making it a strategic opportunity for insurers to secure advantageous coverage.

Aon Appoints Soeren Soltysiak as Asia CEO of Reinsurance Solutions

Aon plc has appointed Soeren Soltysiak as the new CEO of Reinsurance Solutions for Asia, effective April 1, 2025. Based in Singapore, Soltysiak will lead the firm’s reinsurance strategy in the region, overseeing treaty, facultative, analytics, and operations. He will report to George Attard, APAC CEO of Reinsurance Solutions.

Previously serving as Aon's strategic growth leader for APAC Reinsurance Solutions, Soltysiak played a key role in advancing the firm’s regional growth strategies. Alongside his promotion, Musa Adlan has been named managing director, Asia, for Reinsurance Solutions. Adlan will expand his role while continuing as head of Southeast Asia Reinsurance Solutions, reporting to Soltysiak.

Additional leadership changes include Pierre Vende and Danny Alexander as co-heads of life and health Reinsurance Solutions, Soojin Kim and Cindy Gu as co-heads of retrocession APAC, and Tom Drake as chairman of Reinsurance Solutions Speciality, APAC.

Aon stated that the appointments reflect its ongoing investment in talent and its commitment to meeting evolving client needs across reinsurance sectors, especially in life, health, and retrocession.

For more, visit Aon’s Reinsurance Solutions page at aon.com.

Aon plc has announced leadership transitions effective March 14, 2025. Eric Andersen has transitioned to the role of Senior Advisor and no longer serves as President of Aon plc and Aon Corporation. Gregory C. Case, the company’s Chief Executive Officer, has assumed the additional title of President.

Aon and Aon Corporation have amended Case’s employment agreement to reflect his new role, though his compensation arrangements remain unchanged. A press release detailing these changes was issued on March 17, 2025.

The company has filed an 8-K report with the U.S. Securities and Exchange Commission, which includes the amended employment agreement and the official press release regarding these transitions.

Aon reported strong financial results for Q4 and full-year 2024, with total revenue increasing by 23 percent in the fourth quarter and 17 percent for the year, driven by organic revenue growth of 6 percent and the acquisition of NFP. The company posted a 33 percent increase in diluted EPS for the quarter, while adjusted EPS grew by 14 percent. Full-year diluted EPS remained flat, while adjusted EPS increased by 10 percent.

Operating margin improved to 26.3 percent in the fourth quarter from 23.1 percent a year earlier, but the full-year operating margin declined to 24.4 percent from 28.3 percent. Adjusted operating margin was 33.3 percent in the fourth quarter and 31.5 percent for the full year. Cash flow from operations declined by 12 percent to $3 billion due to higher tax payments, restructuring, and integration costs. Free cash flow decreased by 11 percent to $2.8 billion.

The company introduced new segmentation with two business units: risk capital, which includes commercial risk and reinsurance solutions, and human capital, which covers health and wealth solutions. Risk capital revenue grew by 13 percent in Q4, while human capital revenue increased by 41 percent, largely due to the NFP acquisition.

Aon provided 2025 guidance, expecting mid-single-digit or greater organic revenue growth, adjusted margin expansion, strong adjusted EPS growth, and double-digit free cash flow growth. The company plans to continue investing in organic growth, tuck-in acquisitions, and shareholder returns, including $1 billion in share repurchases.

CEO Greg Case highlighted strong client demand for Aon's risk and human capital solutions amid complex market conditions. He emphasized the company’s ability to deliver long-term value through its strategic initiatives, including the integration of NFP and execution of the 3x3 Plan.