Aon reports strong third-quarter results
Aon plc, the Global professional services firm, has reported stronger-than-expected third-quarter results, with adjusted earnings per share of $3.05, exceeding analyst estimates of $2.91.
Revenue for the quarter rose 7 per cent year over year to $4 billion, ahead of forecasts of $3.96 billion. The company posted 7 per cent organic revenue growth, with risk capital revenue increasing 7 per cent to $2.5 billion and human capital revenue up 8 per cent to $1.5 billion. Shares gained about 1 per cent following the announcement.
“Our Aon United strategy, accelerated through our 3x3 Plan, is delivering strong results,” said Greg Case, Aon’s president and chief executive. “We are attracting top talent in high-growth areas, scaling our data analytics across our core risk capital and human capital businesses, expanding in the middle market and unlocking new sources of capital.”
Mr Case opened the earnings call to discuss the quarterly results by expressing sympathy for those affected by Hurricane Melissa in the Caribbean, noting that Aon’s collaboration with the World Bank helped arrange a $150 million catastrophe protection facility for the Government of Jamaica.
“We feel very humble and hopeful that the work Aon undertook will help accelerate and support recovery,” he said.
Aon reported adjusted operating income up 15 per cent to $1.05 billion, with margins expanding 170 basis points to 26.3 per cent. The firm highlighted particularly strong performance in commercial risk solutions, which grew 7 per cent organically, driven by growth in North America and Europe, the Middle East and Africa.
Reinsurance solutions achieved 8 per cent organic growth, with double-digit gains in facultative placements and insurance-linked securities — an area in which Bermuda remains a key hub.
Health solutions advanced 6 per cent, while wealth solutions grew 5 per cent, supported by advisory demand in the United Kingdom and EMEA.
Free cashflow for the first nine months of 2025 increased 13 per cent to $1.9 billion, driven by higher adjusted operating income. Mr Case reaffirmed Aon’s 2025 outlook and said the company remains confident in achieving double-digit free cashflow growth through the year.
