CEO Greg Case says 'Benfield restructuring fully on-track'
Aon’s second quarter net income fell 87%, to $149m from $1.1bn profit in the prior year period.
Income from continuing operations, excluding items, rose to 76 cents a share from 70 cents a year ago.
The Chicago-based broker said the job cuts and Benfield purchase cost $95m in expenses. Benfield was bought in August last year for around $1.6bn. Investment income decreased 69% to $21m.
Chief executive Greg Case said: “The 2007 and Aon Benfield restructuring programs are fully on-track.”
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.
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.
