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Aon reports year-end profits

Bermuda-registered subsidiaries, Aon Re (Bermuda) Ltd., and Aon Risk Services (Bermuda) Ltd., has released its fourth quarter and year end results.

In the insurance broking and consulting services product line, the company reported revenue for the year of $829.3 million, up 12 percent from the $740.2 reported for 1993.

In the same product line, fourth quarter revenues jumped 20 percent from $182.3 million to $219.1 million.

In the reinsurance and wholesale product line, yearly revenues rose 31.9 percent from $281 million to $370.6 million and for fourth quarter from $76.5 million to $96.8 million, an increase of 14.8 percent.

Consulting revenues jumped 14.7 percent from $193.8 million to $222.2 million for the year while quarterly figures show an improvement of 14.8 percent from $49.3 million to $56.6 million.