LONDON, 17 February 2005 – Aon has announced the appointment of Philip Stamp as Chairman and CEO of Aon Re UK with effect from 1 March 2005.  Aon Re is a leading global reinsurance intermediary offering reinsurance expertise in all business lines.

Stamp, who joined Aon in 1987, is a Certified Accountant and a graduate of the Advanced Management Programme of Harvard Business School.  He was previously CFO of Aon Re UK.  He will be invited to join the UK Board of Directors of Aon Limited. 

Clement Booth, Chairman and CEO of Aon Re International, said: “I am delighted to announce Philip’s appointment and look forward to the positive contribution his expertise and energy will bring to the further evolution of Aon’s UK Reinsurance business.

“Our reorganisation will put us in excellent shape to deliver cost-effective and targeted solutions to our clients.”

Stamp said: "This is a very exciting time for our reinsurance business and I am looking forward to working closely with our talented team to develop and grow our UK client base."  

Stamp will work closely with Charlie Cantlay, who takes on the role of Deputy Chairman of Aon Re UK, with special emphasis on revenue management.  Alastair Speare-Cole assumes responsibility for Aon Re UK’s Direct business, with David Ledger leading international business operations. 

Contact:
Matt Graydon
Aon Press Office
0207 216 3205
matt.graydon@aon.co.uk



About Aon
Aon Corporation (www.aon.com) is a leading provider of risk management services, insurance and reinsurance brokerage, human capital and management consulting, and specialty insurance underwriting. The company employs approximately 48,000 professionals in its 500 offices in more than 120 countries.  Backed by broad resources, industry knowledge and technical expertise, Aon professionals help a wide range of clients develop effective risk management and workforce productivity solutions.

Aon Broking Connections gives all Aon’s insurance trading partners the opportunity to connect electronically to Aon, allowing all data for marketing, placement, contract confirmation, accounting & settlement and claims to be delivered using ACORD XML messages.

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This press release contains certain statements relating to future results, 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 the general economic conditions in different countries around the world, fluctuations in global equity and fixed income markets, exchange rates, rating agency actions, resolution of pending regulatory investigations and related issues, including those related to compensation arrangements with underwriters, pension funding, ultimate paid claims may be different from actuarial estimates and actuarial estimates may change over time, changes in commercial property and casualty markets and commercial premium rates, the competitive environment, the actual costs of resolution of contingent liabilities and other loss contingencies, and the heightened level of potential errors and omissions liability arising from placements of complex policies and sophisticated reinsurance arrangements in an insurance market in which insurer reserves are under pressure.  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 authorized and regulated by the Financial Service Authority in respect of insurance mediation activities only.

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