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At close · Wed, Jul 29, 2026
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HomeInsuranceIndustry & DealsAon’s Q2 revenue rises as repurchases hit record pace

Aon’s Q2 revenue rises as repurchases hit record pace

The insurance broker returned $775 million to shareholders in the quarter, with first-half repurchases of $1.1 billion already surpassing its full-year goal.

Aon plc reported second-quarter 2026 results showing 5% organic revenue growth and operating margin expansion as it continues executing its Aon United strategy in the final year of its three-year 3x3 Plan. Total revenue rose 2% to $4.2 billion, helped by favorable foreign currency translation, while divestitures including the NFP Wealth business and Stroz Friedberg weighed on performance.

Within Aon’s Risk Capital segment, revenue rose 5% to $3.0 billion, with Commercial Risk Solutions up 5% organically on strength in EMEA and North America, including US core P and C performance and double-digit construction growth. Reinsurance Solutions also grew 5% organically, citing new business and strong retention in treaty placements, along with double-digit growth in facultative placements.

In Human Capital, Health Solutions revenue grew 5% organically, supported by core health and benefits and talent analytics, while Wealth Solutions fell 4% organically. Overall operating income increased 7% to $915 million, with operating margin up 80 basis points to 21.5%, and adjusted operating income rose 5% to $1.23 billion.

Aon returned $775 million to shareholders in the quarter, including $600 million in share repurchases and $175 million in dividends, taking first-half repurchases to $1.1 billion, which already exceeded its full-year objective of at least $1 billion with six months remaining. The company said it reaffirmed 2026 guidance calling for mid-single-digit or greater organic revenue growth and 70 to 80 basis points of adjusted operating margin expansion.

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