AON Leads $350M Insurance Initiative for Ukraine Recovery
AONAON(AON) ZACKS·2024-06-13 00:25

Aon plc (AON) recently unveiled a $350 million insurance initiative in collaboration with the U.S. International Development Finance Corporation (DFC). This first-of-its kind program aims to build insurance capacity and boost new capital investments, thereby aiding in Ukraine's economic recovery.The company orchestrated a reinsurance facility of $50 million in collaboration with the DFC and the Ukrainian Ministry for Development of Economy and Trade. This initiative aims to support the ongoing issuance of o ...