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Fitch Improves Outlook On Aon

Fitch Ratings has revised the Aon Corp. Rating Outlook to stable from negative and affirmed the financial strength rating of the firm's insurance subsidiary ...

By Staff Writer | Updated on March 25, 2005

Fitch Ratings has revised the Aon Corp. Rating Outlook to stable from negative and affirmed the financial strength rating of the firm’s insurance subsidiary Combined Insurance Company of America at “A-minus.” The outlook for the insurer was revised from negative to positive.

Fitch said it believes Aon’s year-to-date financial results are supportive of the current ratings, despite the permanent loss of contingent commission revenue and a softening rate environment that has moderated after this year’s insurer hurricane losses.

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