Aon reports 4% rise

Global broker Aon has reported a 4% rise in total revenue to $7.6bn (£5.2bn) for the year ending Dec...

Global broker Aon has reported a 4% rise in total revenue to $7.6bn (£5.2bn) for the year ending December 2008. The risk and insurance division rose by 5% to $6.2bn, with organic growth in commissions and fees of 2%. In the fourth quarter, Aon's UK business saw a 12% fall in risk and insurance revenue to $196m; organic revenue grew 1%, "primarily due to growth in the captive business". Aon said the 3% fall in overall global revenue to $1.6bn in the fourth quarter was down to exchange rates and a

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Broker Insights launches in the US

Insurtech Broker Insights has launched in the US following research and collaboration during which time it analysed almost $1bn (£770m) of gross written premiums.

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