Aon Re Europe Formed; Jurgen Grupe Appointed Chairman.CHICAGO, IL--(BUSINESS WIRE)--September 2, 1998--Aon Re Worldwide, Inc., today announced the formation of Aon Re Europe, which will integrate its reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract. brokering operation throughout Europe. Jurgen Grupe, head of Aon Jauch & Hubener reinsurance operation in Germany, will serve as chairman of this new operation, effective immediately. In this new capacity, Mr. Grupe will report to Dennis Mahoney, chairman of Aon Group Limited, who said, "We are successfully integrating our European reinsurance operations to include our newly acquired companies Jauch & Hubener, Le Blanc Le Blanc is a commune and a sous-préfecture in the Indre département of France. Geography Le Blanc is the main city of the Parc naturel régional de la Brenne, on the banks of the Creuse River. de Nicolay, Gil y Carvajal and Grieg Insurance. These distinguished operations brought together under the Aon banner will create an unrivaled network and capability throughout Europe. We are delighted to have Jurgen with his more than 30 years of reinsurance expertise lead this new initiative." Jurgen Grupe commented, "The formation of Aon Re Europe will ensure that our Pan-European clients continue to receive the highest quality of services and access to our extensive portfolio of global resources. Further, it underscores our commitment to bring our clients the very best that Aon has to offer." Mr. Grupe will chair a newly created Board of Directors, comprised of the country heads of Aon's reinsurance operations in this region. Members of the Board include Vincent Redier and Olivier du Passage of France; Horst Knaudt, Germany; Holger Gaserow, Germany; Andrea Manzitti, Italy; Jorden de Boer De Boer or de Boer can refer to: In football:
Aon Re Europe is a part of Aon Re Worldwide, the world's largest reinsurance intermediary. Aon Corporation is an insurance services holding company that comprises a family of insurance brokerage, consulting and underwriting subsidiaries. Aon's common stock (NYSE NYSE See: New York Stock Exchange : AOC AOC, n an acronym for the Aromatherapy Organizations Council. ) is listed on the New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , Chicago and London stock exchanges London Stock Exchange London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses. .
CONTACT: Aon Group Limited, London
Peter Tritton
011 44 171 623 55 00
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