In July 2009, Aon Corporation (NYSE: AOC) of Chicago, Illinois completed the sale of the Australian business of its insurance premium finance subsidiary Cananwill, Inc. to Allianz Group (ETR: ALV) of Munich, Germany. Terms of the transaction were not disclosed.

Allianz owns Hunter Premium Funding Ltd., which is a leading premium finance company in Australia.

Colonnade Securities LLC served as exclusive financial advisor to Aon Corporation and Cananwill on the transaction.