3 August 2022 — Andrei Victor
Global re/insurance broker AON announced that its Q2 2022 total revenue increased by USD 97 million, or by 3%, to USD 2.98 billion compared to the prior year period, while total operating increased by 3% to USD 2.28 billion.
Thus, operating income totaled USD 700 million, 4% more y-o-y, net income increased by 31% y-o-y to USD 514 million, while net income attributable to Aon shareholders increased by 32% y-o-y to USD 501 million.
Except Wealth Solutions (-4% to USD 343 million), the other three Divisions posted significant increases in revenues:
- Risk Solutions: +3% to USD 1.69 billion
- Reinsurance Solutions: +7% to USD 537 million
- Health Solutions: +6% to USD 414 million
In terms of expenses, la largest shares were accounted by Compensation and benefits (USD 1.64 billion, + USD 11 million), expenses related to Information technology (USD 115 million, flat compared to the prior year period) and other general expense (USD 391 million, + 23% y-o-y).