Aon confirms first quarter numbers

Revenue per division highlights mixed fortunes

Aon confirms 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 US$3.1 billion (around SG$4.21 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 – US$1.1 billion, down 6%
  • Reinsurance Solutions – US$788 million, up 6%
  • Retirement Solutions – US$420 million, down 1%
  • Health Solutions – US$486 million, up 8%
  • Data & Analytic Services – US$336 million, up 14% 

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

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


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