Industry: Misc. Insurance
Fortune Rank: 298
AOC is a holding company whose subsidiaries are engaged in three segments: insurance brokerage and other services, consulting and insurance underwriting. For the 6 months ended 6/30/05, revenues fell 2% to $5.03B. Net income from cont. ops. applic. to common rose 6% to $392M. Revenues reflect lower income from brokerage commissions & fees. Net income benefited from decreased general expenses and lower depreciation & amortization charges.
Aon Corporation (Aon) serves its clients through three operating segments: Risk and Insurance Brokerage Services, which acts as an advisor and insurance broker, helping clients manage their risks, and negotiating and placing insurance risk with insurance carriers; Consulting, which provides advice and services to clients for employee benefits, compensation, management consulting, communications, human resource outsourcing and strategic human resource consulting, and Insurance Underwriting, which provides specialty insurance products, including supplemental accident, health and life insurance; credit life, accident and health insurance; extended warranty products, and select property and casualty insurance products and services. In November 2004, Aon sold Cambridge Integrated Services Group, Inc., its claims administration business in the United States, to Scandent Holdings Mauritius Limited. During the year ended December 31, 2004, Aon also sold its United Kingdom claims business.
Aon Corporation is a Fortune 500 company. In 2010 Aon Corporation was ranked number 298 on the Fortune 500 list, making it the 298th largest company in the United States when judged by revenue.
Aon Corporation achieved revenue of $7,595.00 million in 2010 and earned a profit of $747.00 million.
Aon Corporation' rank improves
The company ranking improved in 2010, moving up the Fortune 500 list to 298th compared to 307th in 2009. This was based on its 2009 revenue of $8,406 million (a change of -1 million compared to 2010) and profits of $1,462 million (a change of $746 million compared to 2009).
Another point of view
To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then Aon Corporation would be ranked 168th rather than 298th due to its profits of $747 in 2010.
|Aon Corporation||Revenue*||Profit*||Fortune Ranking|
* US$ Million
200 E Randolph St
- Aon Corporation
- Contact Details