Aon reports $3.21 billion in fourth-quarter revenueReprints
Aon P.L.C.'s revenue for the fourth quarter of 2013 grew to $3.21 billion, a 2.8% increase over that of the same period in 2012, the broker reported Friday.
Aon posted net income of $355 million for the period, an increase of 16.4% from the same period a year earlier.
Total fourth-quarter revenue for Aon Risk Solutions, the company's brokerage and risk management operations, remained flat at $2.05 billion, while revenue from its HR Solutions operations grew 8.3% to $1.17 billion.
For 2013 as a whole, Aon's total revenue increased 2.7% from that of 2012, rising to $11.82 billion.
Revenue for the Risk Solutions operations grew 2.1% to $7.79 billion, while that of the HR Solutions operations grew 3.3% to $4.08 billion in 2013.
Net income for 2013 rose 11.8% from that of 2012, increasing to $1.11 billion.
“Our results reflect a strong finish to the year with improvement across each key financial metric for both the quarter and full year,” Aon President and CEO Greg Case said in a statement.
Looking at 2014, Mr. Case said Aon is positioned for continued long-term growth, improved operational performance and “significantly increased financial flexibility.”