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Daily Insurance Industry News
Saturday 20th of January 2018
October 29, 2010

Aon reports Q3 results

by Richard Kilner

Story link: Aon reports Q3 results

Aon reports Q3 results

Aon has reported its results for the third quarter including net income of $144m, equating to $0.51 per share.

This is an improvement of 20% on the corresponding period last year when the firm made net income of $120m ($0.41 per share).

However, it is a decline on Q2 2010, when Aon earnt net income of $153m ($0.54 per share).

Net income from continuing operations was up 23% from $117m to $144m.

Revenue was $1.8bn, broadly similar to the prior year period and very slightly down on Q2 2010, with acquisitions in North America balanced by a modest decline in fiduciary investment income.

President and Chief Executive Officer Greg Case has said that the firm’s results in the third quarter are indicative of a solid performance by Aon during a time of challenging economic conditions.

 

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