Aon Corporation (NYSE: AON) reported a net income of $747 million in 2009, marking a 49% decrease from 2008’s profit of $1.5 billion.
2008 included a $935-million, after-tax gain on the sales of Combined Insurance Companies of America and Sterling Life Insurance, an Aon release says.
The company’s 2009 Q4 net income was $198 million, marking an increase from the $6-million loss reported in 2008 Q4.
Aon’s risk and insurance brokerage services segment reported an 8% increase in Q4 revenue, from $1.57 billion in 2008 Q4 to $1.7 billion in 2009 Q4.
Crawford & Company reported a net income of $8.9 billion for 2009, marking an increase from 2008’s reported net income of $8.3 billion.
Its international operations reported operating earnings of $10.4 last year, a decrease from 2008’s reported operating earnings of $10.9 billion.
Crawford & Company’s consolidated net income for 2009 Q4 was $8.9 million, increasing 6% over $8.3 million in 2008 Q4.
“Despite overall weakness in the global economy, our reported operating results for the 2009 fourth quarter were at the highest level in all of 2009 and exceeded our expectations,” said Jeffrey T. Bowman, Crawford’s president and CEO.
“We performed well in our international operations segment, with no significant catastrophic activity.”