Aon P.L.C. on Friday said revenue for the fourth quarter of 2015 was flat as the brokerage showed stability in its risk management and human resources management divisions.
Aon reported $3.29 billion in fourth-quarter revenue, which was relatively flat compared with revenue of $3.30 billion in the prior-year quarter. Commissions and fees for the quarter were $3.29 billion, also relatively flat compared with $3.31 billion in commissions and fees for the fourth quarter of 2014.
Aon said it experienced relatively stable fourth-quarter revenues in its Aon Risk Solutions and Aon HR Solutions segments.
Aon Risk Solutions reported revenue of $2.01 billion for the recent quarter, down 2.3% from the fourth quarter of 2014. Aon HR Solutions reported revenue of $1.29 billion for the fourth quarter of 2015, up 2.4% from a year ago.
In a statement Friday, Aon said it saw profit growth in its Risk Solutions segment “driven primarily by strong organic revenue growth of 5%, (a) return on investments in data and analytics across the portfolio, and a 30 basis point favorable impact from foreign currency translation.”
Profit growth in the HR Solutions segment was attributed to “solid organic revenue growth of 4%” and a return on investments from health care exchanges and investment consulting, according to Aon's investor relations presentation posted online.
For the full year 2015, Aon reported $11.68 billion in revenue, down 3.0% from a year ago.
While Aon Risk Solutions saw a 5% decrease in revenue to $7.43 billion last year, Aon HR Solutions saw a 1% increase in revenue to $4.30 billion in 2015.
Aon reported $11.71 billion in commissions and fees for 2015, down 3.0% from the prior year.