Aon, the world’s largest insurance broker said its net income for the first quarter of the year rose to $588 million.
The company’s result is a profit one given that it reported a net income of $251 million for the first quarter of last year.
“Our first quarter results reflect a strong start to the year with positive performance across each of our key metrics, highlighted by strong organic revenue growth in Reinsurance and Commercial Risk Solutions, substantial operational improvement, 26% growth in earnings per share and double-digit adjusted free cash flow growth,” said Greg Case, President and Chief Executive Officer.
H added that “An unmatched level of investment in client-serving capabilities, combined with improved operational performance through our Aon United operating model and effective capital management, we believe place us on track to exceed $7.97 of earnings per share in 2018 and unlock significant shareholder value through double-digit free cash flow growth over the long-term.”
