On July 28, Aon PLC rose 3.57% in regular trading, trading at 380.68 USD/share, with turnover of $195 million.
The move was driven by dual catalysts: the company's upcoming earnings release on July 29 and its recent announcement expanding the Data Center Lifecycle Insurance Program capacity to $5 billion. The expanded program provides up to $5 billion in construction all risks, delay in start-up, property damage and business interruption coverage backed by A-rated insurers from Lloyd's and company markets, along with up to $400 million in cyber coverage and $1 billion in terrorism capacity. The expansion, up from $3.5 billion earlier this year, targets the surging risk management demand from AI and digital infrastructure investments.
For the upcoming quarter, consensus estimates project revenue of $4.284 billion, up 2.92% year-over-year, with adjusted EPS of $3.80, representing 11.81% growth.
Within the Insurance Brokers sector, the overall sector rallied broadly. Among individual stocks, Ryan Specialty Group Holdings up 6.37%, Brown & Brown up 4.64%, Willis Towers Watson up 4.16%, Marsh up 3.36%, Arthur J. Gallagher up 3.05%.
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