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Aon's Net Income Falls 10% in Q1

Thursday, May 11, 2017 | 0

Net income at Aon PLC fell 10% in the first quarter, to $291 million, compared to $325 million in the prior-year quarter. Total revenue in the first quarter increased 5% to $2.4 billion, driven primarily by 4% organic revenue growth in commissions and fees, and a 3% increase in commissions and fees related to acquisitions, the company said in a news release. Revenue for commercial risk services was up 2% in the quarter, to $984 million. Revenue from reinsurance services held steady at $371 million. Health services revenue increased 27%, to $372 million, and data and analytic services re...

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