Aon Boosts Net Income 52% in Q2

Aon PLC has reported a net income for the three months ending June 30 of $272 million, up 52.8% from $178 million in the second quarter of 2015. Total revenue for the company’s risk solutions segment increased 1% in the second quarter compared to the prior-year quarter, a result of 3% growth in commissions and fees, partially offset by a 2% unfavorable impact from foreign currency translation. Reinsurance revenue also increased 1%, the company said on Friday. In contrast, total revenue for the HR Solutions segment fell 5% in the second quarter. Aon is a global provider of risk ma...