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Hewitt Associates

Aon 1st-Quarter Net Up 9.7% on Risk-Solutions Unit Growth

Aon PLC's (AON) first-quarter earnings rose 9.7% as the insurance brokerage posted stronger revenue in both its risk-solutions and HR-solutions units.Aon, which has been expanding its human-resources-solutions business, in October agreed to buy OmniPoint's Workday Services company. Aon said the acquisition would allow it to expand its Workday capabilities, which include providing HR technology and services to midsize and large, global organizations.In 2010, Aon agreed to buy human-resources firm Hewitt Associates for $4.9 billion in its biggest deal ever, an acquisition that has since helped its top line.For the latest period, Aon reported that revenue at its HR-solutions unit rose 1% to $954 million. At the risk-solutions unit, revenue rose 3.5% to $1.97 billion from a year earlier.Overall, Aon reported a profit of $261 million, or 82 cents a share, compared with $238 million, or 71 cents a share, a year earlier. Earnings from continuing operations, adjusted for certain items, were $1...

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  1. Aon's 4th-Quarter Net Up 10% on Strong HR Revenue

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