Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Aon reported that net income that is attributed to shareholders rose to $ 716 million in the fourth quarter of 2024 (Q4 2024), by 44 % of the same quarter in the previous year.
The operating income of the insurance company for three months in the period ending December 31, 2024 $ 1.09 billion, by 40 % from 779 million dollars in the previous year.
The total revenue increased by 23 % on an annual basis, reaching $ 4.15 billion in the fourth quarter of 2024.
This growth was driven Revenue gained From NFP as well as 6 % organic revenue growth.
Aon has two sectors of reports – risk capital that includes commercial risk solutions and reinsurance solutions, and human capital that includes health solutions and wealth solutions.
Risk capital revenue increased by 13 % to $ 2.5 billion, while human capital revenues grew by 41 % to $ 1.6 billion.
RINSAURAUNCE Solutions, which decreases under the Risk Capital Sector, by $ 351 million of revenues in the fourth quarter of 2024, increased by 6 % over the previous year, while commercial risk solution revenues increased by 15 % to $ 2.18 billion.
AON’s net income, which is attributed to shareholders, reached $ 2.65 billion for the full year from 2024, an increase of 4 % from $ 2.56 billion in 2023.
In 2024 operating income reached $ 3.83 billion, an increase of 1 % over last year.
The total revenue for 2024 was $ 15.7 billion, an increase of 17 % from 13.37 billion dollars in 2023.
Restructuring solutions and commercial risk solutions of $ 2.65 billion and $ 7.86 billion in 2024, respectively, contributed an annual increase of 7 % and 12 %.
The company looks forward to the future, “It is expected that the 2025 free cash flows will be able to implement our capital allocation model, including achieving our goal in the fourth quarter of the fourth quarter of the year 25, and investing in organic growth and delivery in integration and acquisitions) (Inclusion and acquisitions), and the return of capital for shareholders, including $ 1 billion in shares.
“We finished in 2024 with another quarter of strong performance and outstanding implementation in all aspects of our strategy. We have achieved 6 % growth in the fourth quarter and the full year, with medium numbers grow or better across all lines Our solutions.
“We are in a good position to build on our momentum in 2025 and push the creation of long -term value to our colleagues, customers and shareholders.”
Last month, she released her Life and Health Restructuring Practice in India.
“AON records 44 % increase in Q4 2024 profit” was originally created and published by International Life InsuranceThe brand owned by Globaldata.
