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Aon off to ‘strong start’ as profit surges

Aon has posted a 26% rise in first-quarter net income to $US1.2 billion ($1.66 billion).

Revenue increased 6% to $US5.03 billion ($6.97 billion) and operating income grew 17% to $US1.72 billion ($2.38 billion).

The commercial risk solutions unit delivered an 11% jump in risk capital revenue to $US2.22 billion ($3.07 billion) and reinsurance solutions contributed $US1.28 billion ($1.77 billion), up 8% from a year earlier.

“Our strong start to the year reflects continued execution of our 3x3 plan and progress accelerating our client‑centric Aon United strategy,” president and CEO Greg Case said.

“As risk and complexity continue to grow, demand is increasing among global, large and middle‑market clients for integrated, high‑value solutions that combine expertise, data and analytics at scale.

“Our long‑standing focus on these client segments, along with our investments in analytics, technology and innovative capital solutions, is expanding our addressable market.

“As a result, we are well positioned to deepen our relevance with clients and deliver durable growth and long‑term shareholder value.”