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6 September 2010

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Other articles of interest
Aon Q2 organic revenues fall 1% as reinsurance drags
Gallagher loses ground amid soft market slog
‘Two cities’ Chubb mulls return to contingents
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Soft reinsurance market ignores H1 losses

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Contingent controversy reignites

26 July 2010

Aon's announcement last week that it would again take contingent commissions has led to predictable howls of protest, almost six years after the former New York attorney general Eliot Spitzer's bruising campaign against the arrangements.

Willis Group lead the criticism in a strikingly undiplomatic broadside against its competitor, while US trade buyer association RIMS also said it was "disappointed" by the decision.

Aon Risk Services CEO Steve McGill explained in a statement: "We have decided to accept various forms of...

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This article was published as part of issue July 2010/4

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