AON Stock Price
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Stock Overview
This “Stock Overview” table offers a snapshot of a company’s performance.
Price: This is the current market value, telling you how much one share costs.
Change: This shows how much the price moved compared to yesterday, green for up, red for down.
Volume: This tells you how many shares were traded, suggesting activity and investor interest.
High/Low/Open: These show the price range during the day and where it started (open) and finished (close).
Previous Close: This is yesterday’s closing price, providing context for today’s change.
52-Week High/Low: These tell you the stock’s peak and valley over the past year, helping assess current price relative to its broader trend.
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History of Aon
Born out of visionary ambition, Aon’s story stretches over four decades, intertwined with the evolution of the insurance industry itself. It’s a journey marked by strategic acquisitions, unwavering client focus, and a constant pursuit of innovative solutions.
Humble Beginnings (1964-1982):
In 1964, Chicago’s Patrick Ryan planted the seeds of Aon with his Ryan Insurance Group, initially focused on auto credit insurance. Soon, Ryan’s vision blossomed, expanding into risk management and employee benefits consulting, laying the groundwork for his future empire.
Merger and Metamorphosis (1982-1987):
1982 witnessed a giant leap forward. The strategic merger of Ryan Insurance Group and Combined International Corporation birthed the foundation for Aon. In 1987, “Aon” emerged, symbolizing a unified approach to risk management.
Global Expansion and Acquisitions (1987-2000):
The late 1980s and 1990s saw Aon aggressively expand its global footprint. Strategic acquisitions like Hudig-Langeveldt (Netherlands, 1992) and Alexander & Alexander (US, 1997) solidified its position as a leading global insurance broker.
Refocusing and Diversification (2000-present):
The new millennium brought a shift in focus. Aon divested its direct life insurance business, doubling down on consulting services and risk management solutions. Acquisitions like Benfield (reinsurance, 2008) and Hewitt Associates (human resources consulting, 2010) broadened Aon’s offerings, making it a diversified risk management powerhouse.
Today and Tomorrow:
Today, Aon stands tall as a global leader, with over 50,000 employees across 120 countries. It continues to innovate, developing cutting-edge solutions in areas like cyber risk, climate change, and talent management.
From its humble beginnings as an auto credit insurer to its current position as a global risk management giant, Aon’s history is a testament to its commitment to understanding and mitigating risk for its clients. As the world grapples with complex challenges, Aon’s future promises continued growth, innovation, and leadership in the ever-evolving landscape of risk management.
This revised version removes the image references and retains the essence of Aon’s remarkable journey. Feel free to inquire further about any specific aspect of its history!
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