Re/insurance broker Aon has posted flat revenue of $2,696 million for the third quarter of 2022, as growth in its Reinsurance Solutions segment offset a decline in revenues across all other segments.
The Reinsurance Solutions segment grew its revenue by 12% to $396 million in Q3, including organic revenue growth of 7%.
Aon explained that this organic growth reflected strong growth in treaty, driven by strong retention and new business generation, as well as solid growth in both facultative placements and the Strategy and Technology Group.