Finance
Aon's quarterly profit rises on commercial risk solutions unit strength
Published by Global Banking and Finance Review
Posted on January 31, 2025
1 min readLast updated: January 26, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on January 31, 2025
1 min readLast updated: January 26, 2026
Aon's quarterly profit rose due to strong commercial risk solutions performance, with revenue jumping 15% amid steady insurance spending.
(Reuters) - Insurance brokerage firm Aon reported a higher fourth-quarter profit on Friday, helped by robust performance in its commercial risk solutions business.
WHY IT'S IMPORTANT
Strong demand trends across the sector have boosted income for insurance brokers such as Aon, who pocket commissions based on insurance premiums.
Insurance spending has remained steady even amid economic uncertainties and inflationary pressures, as businesses and individuals prioritized financial security over discretionary expenses.
BY THE NUMBERS
Adjusted net income attributable to Aon's shareholders rose to $965 million, or $4.42 per share, in the fourth quarter ended Dec. 31, from $785 million, or $3.89 per share, a year earlier.
The average analyst estimate was for a fourth-quarter profit of $4.25 per share, according to data compiled by LSEG.
Revenue from Aon's commercial risk solutions unit jumped 15% to $2.19 billion.
The company's health solutions business reported revenue of $1.07 billion, compared with $763 million.
CONTEXT
Peers Marsh McLennan and Brown & Brown also beat profit estimates earlier in the week.
Aon's shares gained about 23% in 2024.
(Reporting by Pritam Biswas in Bengaluru; Editing by Shounak Dasgupta)
Aon's adjusted net income attributable to shareholders rose to $965 million, or $4.42 per share, in the fourth quarter ended Dec. 31.
Revenue from Aon's commercial risk solutions unit jumped 15% to $2.19 billion, contributing significantly to the company's overall profit increase.
Insurance spending has remained steady even amid economic uncertainties and inflationary pressures, as businesses and individuals prioritized financial security over discretionary expenses.
The average analyst estimate for Aon's fourth-quarter profit was $4.25 per share, while the company reported $4.42 per share, exceeding expectations.
Aon's health solutions business reported revenue of $1.07 billion, compared to $763 million in the previous year, indicating strong growth.
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