Fitch puts Aon on watch

Fitch Ratings said it placed the ratings of Aon Corp. on Rating Watch negative.

The ratings affected include Aon's A- senior debt and F2 commercial paper.

Fitch said the rating action is based on Fitch's ongoing review of legal investigations recently announced in the insurance brokerage industry. In Fitch's opinion, the scale of the potential issues has expanded in recent days and the pace of development is escalating. As a result, Fitch views near-term and possibly longer term structural changes and market disruption in the insurance brokerage industry as increasingly likely and believes that Aon, as the industry's second-largest broker, will be adversely affected by these changes.

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