Aon plc Files Amendment to Annual Report on Form 10-K

Ticker: AON · Form: 10-K/A · Filed: Apr 17, 2024

Sentiment: neutral

Topics: Aon plc, 10-K/A, Amendment, Annual Report, Debt

TL;DR

<b>Aon plc has filed an amendment to its 2023 annual report, providing updated information.</b>

AI Summary

Aon plc (AON) filed a Amended Annual Report (10-K/A) with the SEC on April 17, 2024. Aon plc filed an amendment (Amendment No. 1) to its annual report on Form 10-K for the fiscal year ended December 31, 2023. The filing was submitted on April 17, 2024. The company's Central Index Key is 0000315293. Aon plc is classified under the SIC code 6411 for Insurance Agents, Brokers & Services. The filing includes references to various senior notes with different maturity dates and interest rates, such as 5.450% Senior Notes due 2034 and 5.750% Senior Notes due 2054.

Why It Matters

For investors and stakeholders tracking Aon plc, this filing contains several important signals. This amendment indicates that Aon plc is making corrections or additions to its previously filed annual report, which could impact the understanding of its financial position or disclosures. The detailed listing of various senior notes suggests potential ongoing debt management activities or disclosures related to its capital structure.

Risk Assessment

Risk Level: low — Aon plc shows low risk based on this filing. The filing is an amendment to a routine annual report, and no immediate financial distress or significant negative events are indicated.

Analyst Insight

Review the specific changes made in Amendment No. 1 to the 10-K filing to understand any updated financial disclosures or operational details for Aon plc.

Key Numbers

Key Players & Entities

FAQ

When did Aon plc file this 10-K/A?

Aon plc filed this Amended Annual Report (10-K/A) with the SEC on April 17, 2024.

What is a 10-K/A filing?

A 10-K/A is a amendment to a previously filed annual report, correcting or updating financial statements or disclosures. This particular 10-K/A was filed by Aon plc (AON).

Where can I read the original 10-K/A filing from Aon plc?

You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by Aon plc.

What are the key takeaways from Aon plc's 10-K/A?

Aon plc filed this 10-K/A on April 17, 2024. Key takeaways: Aon plc filed an amendment (Amendment No. 1) to its annual report on Form 10-K for the fiscal year ended December 31, 2023.. The filing was submitted on April 17, 2024.. The company's Central Index Key is 0000315293..

Is Aon plc a risky investment based on this filing?

Based on this 10-K/A, Aon plc presents a relatively low-risk profile. The filing is an amendment to a routine annual report, and no immediate financial distress or significant negative events are indicated.

What should investors do after reading Aon plc's 10-K/A?

Review the specific changes made in Amendment No. 1 to the 10-K filing to understand any updated financial disclosures or operational details for Aon plc. The overall sentiment from this filing is neutral.

How does Aon plc compare to its industry peers?

Aon plc operates in the insurance agents, brokers, and services industry, providing risk management and human capital solutions.

Are there regulatory concerns for Aon plc?

The filing is made under the Securities Exchange Act of 1934, requiring public companies to disclose financial and operational information.

Industry Context

Aon plc operates in the insurance agents, brokers, and services industry, providing risk management and human capital solutions.

Regulatory Implications

The filing is made under the Securities Exchange Act of 1934, requiring public companies to disclose financial and operational information.

What Investors Should Do

  1. Analyze the specific content of Amendment No. 1 to identify any material changes from the original 10-K filing.
  2. Examine the details of the various senior notes mentioned to understand Aon's debt structure and obligations.
  3. Verify Aon plc's industry classification and business address as listed in the filing.

Key Dates

Year-Over-Year Comparison

This is an amendment (No. 1) to the previously filed 10-K for the fiscal year ended December 31, 2023. The amendment indicates updates or corrections to the original filing.

Filing Stats: 4,431 words · 18 min read · ~15 pages · Grade level 14.2 · Accepted 2024-04-17 17:00:21

Key Financial Figures

Filing Documents

Directors, Executive Officers and Corporate Governance

ITEM 10. Directors, Executive Officers and Corporate Governance. 1

Executive Compensation

ITEM 11. Executive Compensation. 9

Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters

ITEM 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters. 53

Certain Relationships and Related Transactions, and Director Independence

ITEM 13. Certain Relationships and Related Transactions, and Director Independence. 56

Principal Accounting Fees and Services

ITEM 14. Principal Accounting Fees and Services. 57 PART IV

Exhibits

ITEM 15. Exhibits. 58

SIGNATURES

SIGNATURES 59 Appendix A - Reconciliation of Non-GAAP Measures A-1 v Table of Contents PART III ITEM10. Directors, Executive Officers and Corporate Governance. Executive Officers Information relating to Aon's executive officers is set forth in Part I of the Original Filing and is incorporated herein by reference. On April 1, 2024, Ms. Davies notified the Company of her intention to retire from the position of Chief Financial Officer. Ms. Davies is expected to serve as Chief Financial Officer into the third quarter of 2024 and is thereafter expected to serve as a senior advisor for a transition period into 2025. Directors The term of each director expires at the next annual general meeting of shareholders (the "Annual Meeting"), and each director will continue in office until the election of his or her respective successor or until his or her earlier resignation or removal in accordance with the Company's articles of association (the "Articles") or the Irish Companies Act 2014, as amended. Consistent with the terms of the Articles, the Company's board of directors (the "Board") currently is authorized to have up to 21 directors, and the number of directors was most recently set by the Board at 13. Carolyn Y. Woo has decided to retire from the Board effective at the next Annual Meeting. Following Dr. Woo's retirement, the Board expects to reduce the size of the Board to 12. Name Age Director Since Current Committee Membership Other Boards Lester B. Knight, Chair* 65 1999 Executive Committee - Chair Governance/Nominating Committee - Chair Inclusion & Wellbeing Sub-Committee — Gregory C. Case, CEO 61 2005 Executive Committee Inclusion & Wellbeing Sub-Committee 1 Jose Antonio lvarez* 63 2024 Audit Committee 2 Jin-Yong Cai* 64 2016 Finance Committee Organization and Compensation Committee 2 Jeffrey C. Campbell* 63 2018 Audit Committee - Chair Executive Committee Organization and Compens

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