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Aon launches Asia Desk
London
NYSE: AOC

LONDON, 6 May 2008 - Aon Global has launched an Asia Desk in London, headed up by Clemens Philippi. It will support UK and European affiliates of Asian companies with their local risk requirements and advise UK companies with investment plans in Asia.

The Asia Desk will combine the strengths of Aon's Japan Group UK, led by Clemens Philippi, with two dedicated desks for the rapidly growing markets in India and China, represented by Kavita Pandey and Fang Li, respectively.

Working closely with the Asian markets and its company headquarters, the Asia Desk also aims to create opportunities in the London market. This will revolve around the placement of large or complex risks from Japan, India and China, such as major construction projects, offshore and onshore refinery risks or earthquake cover.

Liaising with Aon's Asian offices, the London team's knowledge will ease cultural barriers and enable effective communication with regard to local insurance requirements and policies.

Recently, Aon has also been working closely with the UK insurance market to organise site visits to India for underwriters to dispel the myth of poor risk management in the country. These provoked new attitudes and interest in Indian risks, which are now being reflected in the competitive rates. Also, Aon hosted a trip to China for businesses interested in expanding into this market. The visit provided businesses with the opportunity to understand the challenges and opportunities they face.

Clemens Philippi, director of Aon's Asia Desk, said: "The fast growing markets in Asia present an exciting opportunity. Aon and the London market need to stay close to the region in order to support Asian headquarters with their operations in Europe and, vice versa, support the investment of our European clients in Asia. As such, our new Asia Desk reflects the need for strong international communications both within and between companies. We have drawn together our experience and skills to capitalise on these opportunities and create global outwards and inwards business for the London market and Aon."

Ends

For more information contact:

Alexandra Lewis
020 7882 0541
Alexandra.Lewis@aon.co.uk

About Aon Global
Aon Global works with large international companies with complex risk issues to create more effective global risk management and workforce productivity programmes. Over 5000 experts combine global expertise and local presence around the world to provide a complete range of risk services from assessment and analysis to mitigation, transfer and financing.

About Aon
Aon Corporation (NYSE: AOC) is the leading global provider of risk management services, insurance and reinsurance brokerage, human capital and management consulting. Through its 36,000 colleagues worldwide, Aon readily delivers distinctive client value via innovative and effective risk management and workforce productivity solutions. Our industry-leading global resources, technical expertise and industry knowledge are delivered locally through more than 500 offices in more than 120 countries. Aon was named the world's "best broker" by Euromoney magazine’s 2008 Insurance Survey. Aon also was ranked by A.M. Best as the number one global insurance brokerage in 2007 based on brokerage revenues, and voted best insurance intermediary, best reinsurance intermediary, and best employee benefits consulting firm in 2007 by the readers of Business Insurance. For more information on Aon, log onto www.aon.com.

This press release contains certain statements related to future results, or states our intentions, beliefs and expectations or predictions for the future which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from either historical or anticipated results depending on a variety of factors. Potential factors that could impact results include: general economic conditions in different countries in which we do business around the world, changes in global equity and fixed income markets that could affect the return on invested assets, fluctuations in exchange and interest rates that could influence revenue and expense, rating agency actions that could affect our ability to borrow funds, funding of our various pension plans, changes in the competitive environment, our ability to implement restructuring initiatives and other initiatives intended to yield cost savings, our ability to successfully close the sales of our Combined Insurance and Sterling Life Insurance businesses, the impact of current, pending and future regulatory and legislative actions that affect our ability to market and sell, and be reimbursed at current levels for, our Sterling subsidiary's Medicare Advantage health plans, changes in commercial property and casualty markets and commercial premium rates that could impact revenues, changes in revenues and earnings due to the elimination of contingent commissions, other uncertainties surrounding a new compensation model, the impact of investigations brought by U.S. state attorneys general, U.S. state insurance regulators, U.S. federal prosecutors, U.S. federal regulators, and regulatory authorities in the U.K. and other countries, the impact of class actions and individual lawsuits including client class actions, securities class actions, derivative actions, ERISA class actions, the impact of the analysis of practices relating to stock options, the cost of resolution of other contingent liabilities and loss contingencies, and the difference in ultimate paid claims in our underwriting companies from actuarial estimates.  Further information concerning the Company and its business, including factors that potentially could materially affect the Company's financial results, is contained in the Company's filings with the Securities and Exchange Commission.

Aon Limited is authorised and regulated by the Financial Services Authority in respect of insurance mediation activities only.
 

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