Risk Factors Update Summary
- The Accelerating Aon United program initiated in 2023 will cost approximately $1 billion, with $900 million in cash charges and $100 million in non-cash charges.
- Aon had total consolidated debt outstanding of approximately $10 billion in 2023, increasing to $11 billion.
- Aon may face negative reactions from financial markets, including impacts on the market price of securities, if the NFP Transaction is not completed.
- Aon's long-term investments decreased from a carrying value of $60 million to $45 million in 2023.
- Aon may incur a termination fee of $250 million if the Merger Agreement with NFP is terminated under specified circumstances.
- Aon's funds held on behalf of clients and insurers decreased from $6.4 billion to $4.9 billion in 2023.
- Aon may incur significant costs related to the Transaction, including financial advisory, legal, and accounting costs, even if the Transaction is not completed.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=315293&owner=exclude
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