Aon Corporation has reported its financial results for the first quarter of 2011, including net income attributable to Aon stockholders of $246m or $0.71 per share.

This is a rise of 38% compared to the corresponding period last year when the firm made $178m or $0.63 per share.

It is also an improvement on the immediately preceding quarter, Q4 2010, when Aon made net income of $231m, equating to $0.67 per share.

Total revenue soared year-on-year by 45% to $2.8bn, driven by a 42% increase in commissions and fees resulting from acquisitions.

President and Chief Executive Officer Greg Case welcomed the organic growth achieved in Retail Brokerage and Consulting Services and stated that the firm was on course to deliver growth in both its segments this year.

Case added that whilst macro-economic conditions remain challenging on the global level Aon remained confident in the inherent strength of its business.

 

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