Exhibit 12(a) Aon Corporation and Consolidated Subsidiaries Combined With Unconsolidated Subsidiaries Computation of Ratio of Earnings to Fixed Charges Nine Months Ended September 30, Years Ended December 31, ------------------- --------------------------------------------------- (millions except ratios) 1999 1998 1998 1997 1996 1995 1994 --------- --------- --------- --------- --------- --------- ---------- Income from continuing operations before provision for income taxes (1) $ 595 $ 692 $ 931 $ 542 $ 446 $ 458 $ 397 Add back fixed charges: Interest on indebtedness 74 64 87 70 45 56 46 Interest on ESOP 1 2 2 3 4 5 6 Portion of rents representative of interest factor 38 33 51 44 29 21 29 ------- ------- -------- ------- ------- ------- ------- Income as adjusted $ 708 $ 791 $1,071 $ 659 $ 524 $ 540 $ 478 ======= ======= ======== ======= ======= ======= ======= Fixed charges: Interest on indebtedness $ 74 $ 64 $ 87 $ 70 $ 45 $ 56 $ 46 Interest on ESOP 1 2 2 3 4 5 6 Portion of rents representative of interest factor 38 33 51 44 29 21 29 ------- ------- ------- ------- ------- ------- ------- Total fixed charges $ 113 $ 99 $ 140 $ 117 $ 78 $ 82 $ 81 ======= ======= ======= ======= ======= ======= ======= Ratio of earnings to fixed charges 6.3 8.0 7.6 5.6 6.7 6.6 5.9 ======= ======= ======= ======= ======= ======= ======= Ratio of earnings to fixed charges (2) 7.7 7.1 7.9 ======= ======= ======= <FN> (1) Income from continuing operations before provision for income taxes and minority interest includes special charges of $163 million for the nine months ended September 30, 1999, $172 million for the year ended December 31, 1997 and $90 million for the year ended December 31, 1996. (2) The calculation of this ratio of earnings to fixed charges reflects the exclusion of special charges from the income from continuing operations before provision for income taxes component for the nine months ended September 30, 1999 and for the years ended December 31, 1997 and 1996. </FN>