Aon suspends operations in Russia

Aon PLC said Thursday it will suspend its operations in Russia as the Russian invasion of Ukraine continues.

“The escalation of the conflict in Ukraine continues to cause the senseless loss of life to innocent civilians, and the intentional destruction of schools, civilian property and infrastructure. It is why we have made the decision to suspend operational activity in Russia, including putting our colleagues in Russia on paid leave,” Aon CEO Greg Case said in a statement.

Earlier Thursday, Marsh & McLennan announced it would exit Russia and transfer ownership of its business there to the local management.

Willis Towers Watson PLC, the world’s third-largest insurance broker, behind Marsh McLennan and Aon, declined to comment on plans for its operations in Russia.

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