Moody's lifts Aon view to positive

Moody's Investors Service said it changed the outlook on Aon Corp. (senior unsecured debt at Baa2) to positive from stable.

The positive outlook reflects Aon's healthy net income over the past several years, recent improvement in adjusted brokerage operating margins, steady underwriting performance, as well as progress in implementing more transparent pricing practices following the elimination of contingent commissions, Moody's said.

The agency added that Aon's ratings reflect its position as the world's second-largest insurance broker and its expertise in providing complex risk management solutions to global clients.

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