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Aon completes the sales of two operating units.


CHICAGO--(BUSINESS WIRE)--April 3, 1996--Aon Corp. today announced the completion of the previously announced sales of two of its insurance subsidiaries, The Life Insurance Company of Virginia Virginia, state, United States
Virginia, state of the south-central United States. It is bordered by the Atlantic Ocean (E), North Carolina and Tennessee (S), Kentucky and West Virginia (W), and Maryland and the District of Columbia (N and NE).
 and the Union Fidelity Life Insurance Company to GE Capital Corp.

Aon Corp., headquartered in Chicago, is a holding company that comprises a family of insurance brokerage, consulting and insurance underwriting Underwriting

1. The process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing securities (both equity and debt).

2. The process of issuing insurance policies.
 subsidiaries. The common stock of Aon Corp. 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 Corp., Chicago

Joan Steel, 301/701-3016
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 3, 1996
Words:85
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