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Aon net profit eases, risk solutions revenues increase

Aon second-quarter net profit eased slightly to $US379 million ($516 million) from $US398 million ($541.8 million) a year earlier while an increase in revenues was led by its commercial risk solutions business.

The company reported results on Friday after earlier in the week dropping its planned merger with Willis Towers Watson due to US regulatory opposition, extending the terms of CEO Greg Case and CFO Christa Davies to April 2026, and naming a new executive committee to deliver its four-pronged Aon United Blueprint.

“We are moving forward at an accelerated pace, with a proven leadership team and an enduring strategy,” Mr Case said.

Aon’s total revenue in the second quarter increased 16% to $US2.9 billion ($3.9 billion), with organic revenue growth of 11% described as the strongest in more than a decade. Foreign currency translations had a 4% favourable impact.

Commercial Risk Solutions revenues grew 20% to $US1.3 billion ($1.8 billion), while reinsurance solutions rose 12% to $US500 million ($680 million).

Retirement solutions revenues gained 12%, health solutions 19% and data and analytic services 7%.

Aon says organic growth in Commercial Risk Solutions reflects strong new business generation, retention and management of the renewal book portfolio, highlighted by double-digit growth in the US, Canada, Europe, the Middle East and Africa (EMEA), Asia and Latin America.

“Results also reflect significant growth in the more discretionary portions of our business, primarily in transaction liability, project-related work, construction, and cyber consulting, which were negatively impacted in the prior year period,” the company said.

“On average globally, exposures and pricing were modestly positive, resulting in a modestly positive market impact.”