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Profits slide at Aon in 2018

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Revenue increases by 8% at the broking giant.

Aon has revealed an 8% fall in profit for 2018 to $1.13bn [£864m].

The fall came despite swapping a $19m loss in Q4 2017 for a $345m profit in the final quarter of last year.

Revenue at the global broker increased by 8% in 2018 to $10.77bn even after a 5% drop in Q4 to $2.77bn.

There were no figures available for the performance in the UK.

Value
The commercial risk solutions division posted a 12% leap in revenue for the 12 months to $4.65bn.

Aon noted that for the final three months of the

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