Aon (AON) said Monday that it has renewed and expanded its London Market placement facility, the Aon Client Treaty.
The company said in 2025, the facility will offer 28.5% co-insurance of business placed through its Global Broking Centre in London, up from 22.5% in 2024. It also said all participating market partners have agreed to a three-year letter of intent.
"The renewal and record expansion of Aon Client Treaty, now in its tenth year, reflects the value it delivers for both clients and participating market partners," said Joe Peiser, Aon's chief executive of commercial risk.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.