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Aon Global Insurance Managers Ranked Leading Captive Manager by Business Insurance Magazine
PRNewswire
CHICAGO
(NYSE:AOC)

CHICAGO, March 17 /PRNewswire-FirstCall/ -- Managing 1,269 of the world's 5,211 captives, Aon Global Insurance Managers, the captive management arm of Aon Global Risk Consulting, continues to lead the captive arena with a market share of 24 percent, as published in the March 8 Business Insurance Captive Spotlight Report.

 

(Logo: http://www.newscom.com/cgi-bin/prnh/20041215/CGW049LOGO)

 

Aon finished well ahead of Marsh and Willis, with 1,120 and 298 captives, respectively. With 42 Protected Cell Companies, AGIM is ranked as the leading PCC manager, followed by Marsh with 40 and HSBC and Willis with 22 PCCs each.

 

"The Business Insurance survey demonstrates that AGIM continues to be the market leader in the captive arena," said Clive James, group managing director of AGIM. "Despite the slowdown in growth of new captives, AGIM has produced over 50 captives and leads the way in cell captive formations through its innovative solutions to risk financing."

 

AGIM manages insurance vehicles in more than 30 locations worldwide, generating total premiums of more than $19 billion per year through managed insurance vehicles with total assets in excess of $50 billion. For more information on the services offered by Aon Global Risk Consulting, log onto http://www.aon.com/risk-services/captive-management.jsp.

 

About Aon

Aon Corporation is the leading global provider of risk management services, insurance and reinsurance brokerage, and human capital consulting. Through its more than 37,000 colleagues worldwide, Aon readily delivers distinctive client value via innovative and effective risk management and workforce productivity solutions. Aon's industry-leading global resources and technical expertise are delivered locally through more than 500 offices in more than 120 countries. Named the world's best broker by Euromoney magazine's 2008 Insurance Survey, Aon also ranked highest on Business Insurance's listing of the world's largest insurance brokers based on commercial retail, wholesale, reinsurance and personal lines brokerage revenues in 2008. A.M. Best deemed Aon the number one insurance broker based on brokerage revenues in 2007 and 2008, and Aon was voted best insurance intermediary, best reinsurance intermediary and best employee benefits consulting firm in 2007 and 2008 by the readers of Business Insurance. For more information on Aon, log onto http://www.aon.com/.

 

About Aon Global Risk Consulting

With more than 2,000 risk professionals in 50 countries worldwide, Aon Global Risk Consulting delivers risk management solutions designed to optimize our clients' risk profiles. Our suite of services encompasses risk consulting; risk control, claims and engineering, and captive management. The risk consulting team focuses on actuarial and analytics, enterprise risk management, and risk financing solutions. Our risk, control claims and engineering team consists of 600 professionals who support clients globally in the property and casualty risk control arena. Aon Global Insurance Managers, our captive experts, are widely recognized as the leading captive manager, with 24 percent market share worldwide. Aon Global Risk Consulting is dedicated to expanding our integrated solutions to help our clients effectively and proactively manage risk in a changing and challenging global market.

 

    Media Contact
    Kelly Drinkwine, 312.381.2684
    kelly_drinkwine@aon.com

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http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com

SOURCE: Aon Corporation

Web site: http://www.aon.com/

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