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7 September 2010

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Aon returns to contingent commissions

21 July 2010

Aon Corp - the world's largest insurance broker - said it will again take contingent commissions almost six years after the former New York attorney general led a campaign against the payments.

Contingent commissions - the term used for payments made by (re)insurers to intermediaries in return for business dependent on targets such as volume or profit - became a cause célèbre for Eliot Spitzer in his campaign against the three global brokers and the US P&C insurance industry in...


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