Aon plc Risk Capital — Operating Income (Loss) increased by 74.9% to $1.38B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 15.5%, from $1.20B to $1.38B. Over 3 years (FY 2022 to FY 2025), Risk Capital — Operating Income (Loss) shows an upward trend with a 5.9% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
An increase indicates improved operational efficiency or revenue growth within the risk brokerage business, while a decrease suggests margin compression or declining demand.
This metric represents the core profitability of the Risk Capital segment after deducting operating expenses from segmen...
Comparable to segment-level operating income reported by major insurance brokers like Marsh McLennan or Willis Towers Watson.
aon_segment_risk_capital_operating_income_loss| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $723.75M | $723.75M | $723.75M | $723.75M | $736.50M | $736.50M | $736.50M | $736.50M | $1.19B | $784.00M | $561.00M | $762.00M | $1.20B | $864.00M | $585.00M | $790.00M | $1.38B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +1.8% | +0.0% | +0.0% | +0.0% | +60.9% | -33.8% | -28.4% | +35.8% | +57.1% | -27.8% | -32.3% | +35.0% | +74.9% |
| YoY Change | — | — | — | — | +1.8% | +1.8% | +1.8% | +1.8% | +60.9% | +6.4% | -23.8% | +3.5% | +1.0% | +10.2% | +4.3% | +3.7% | +15.5% |