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Aon hails ‘positive performance’ in Q2

A “positive second-quarter performance” has resulted in Aon reporting net income for the quarter of $US272 million ($357.62 million), compared with $US178 million ($234.03 million) in the corresponding period last year.

Total revenue fell 1% to $US2.8 billion ($3.68 billion), with operating expenses dropping 7% to $US2.4 billion ($3.16 billion).

Revenue from the risk solutions business was $US1.85 billion ($2.43 billion), with $US334 million ($439.13 million) coming from reinsurance operations.

“Overall, we delivered positive performance across each of our key metrics,” President and CEO Greg Case said.

“Although we expect continued volatility in the macroeconomic environment, we anticipate improved organic growth and operational performance in the second half of this year.”