Aon beats analysts’ expectations as it finishes 2011 on a high

Wall street stock shares finance New York

Aon defied the tough global economy as it increased net income 39% to $979m in 2011 compared to $706m in 2010.

Revenue in 2011 rose 33% to $11.3bn thanks to a 29% increase in commissions.

For the fourth quarter of 2011, revenue increased 3% to $3.0 billion from the prior year quarter driven primarily by a 3% increase in organic revenue.

The fourth quarter results also beat analysts’ expectations. Analysts were expecting a profit of 96 cents on 3bn revenue, instead of the slightly higher figure of 97 cents a share.

 

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.