Aon declares first quarter numbers

Revenue for each division shows mixed fortunes

Aon declares first quarter numbers

Insurance News

By Terry Gangcuangco

London-headquartered Aon Plc has released its financial results for the first quarter of 2019 – revealing positive changes in terms of revenue, operating income, and net income attributable to shareholders.  

The global professional services firm enjoyed $3.1 billion in revenue for the first three months of the year, with the total amount signifying a 2% rise from the figure posted in the same period in 2018.

Broken down in terms of offerings, here are the revenue numbers:

  • Commercial Risk Solutions – $1.1 billion, down 6%
  • Reinsurance Solutions – $788 million, up 6%
  • Retirement Solutions – $420 million, down 1%
  • Health Solutions – $486 million, up 8%
  • Data & Analytic Services – $336 million, up 14% 

Aon’s overall operating income, meanwhile, grew 9% from $799 million to $872 million.

As for net income from continuing operations attributable to shareholders, the figure amounted to $659 million. This is higher than last year’s $588 million, as well as than the $594 million total from the first quarter of 2018 which included the net income from discontinued operations.

 

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