Aon records 136% growth in Q4 net profit

Core Insights - Aon reported a significant increase in net income attributable to shareholders, reaching $1.7 billion for Q4 2025, a 136% increase from $716 million in Q4 2024 [1] - The diluted net income per share also saw a substantial rise to $7.82 from $3.28 in the same quarter last year [1] - Total revenue for Q4 2025 was $4.3 billion, reflecting a 4% year-on-year growth [1] Revenue Breakdown - The revenue growth included 5% organic growth and a 2% positive impact from foreign currency movements, offset by a 3% negative impact from acquisitions and divestitures [2] - Risk Capital revenue increased by 7% to $2.7 billion, while Human Capital revenue decreased by 1% to $1.6 billion [2] - Within Risk Capital, Commercial Risk Solutions revenue rose by 7% to $2.3 billion, with organic growth of 6% [2][3] Segment Performance - Reinsurance Solutions generated $379 million in revenue for the quarter, marking an 8% increase with organic growth also at 8% [3] - In the Human Capital segment, Health Solutions revenue increased by 3% to $1.1 billion, driven by core health benefits [4] - The Wealth Solutions subsegment within Human Capital recorded a 2% organic revenue rise, indicating growth in Retirement [4] Annual Performance - For the full year ending December 2025, total revenue reached $17.2 billion, a 9% increase from the previous year [5] - Full-year net income attributable to shareholders increased by 39% to $3.7 billion, with diluted earnings per share of $17.02 [5] - The company repurchased approximately 2.7 million class A ordinary shares at an average price of $365.91, spending around $1 billion on buybacks [6]