Aon third-quarter profit beats on growth in commercial risk solutions unit

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There has been an uptick in companies spending on employee benefit plans encompassing health, retirement and investment management.

Revenue at Aon’s commercial risk solutions unit rose 7% to $1.59 billion in the quarter.

On an adjusted basis, the company earned $2.32 per share, compared with estimates of $2.21, according to LSEG data.

Aon’s total revenue rose nearly 10% to $2.95 billion.