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Exhibit 99.3
AON CORPORATION
VARIOUS SEGMENT INFORMATION—AFTER RECLASSIFICATION
| 2002 | 2003 | ||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1st Qtr. | 2nd Qtr. | 3rd Qtr. | 4th Qtr. | Full Year | 1st Qtr. | ||||||||||||||||
| (millions) | |||||||||||||||||||||
REVENUE | ||||||||||||||||||||||
Risk & Insurance Brokerage Services | $ | 1,157 | $ | 1,215 | $ | 1,247 | $ | 1,354 | $ | 4,973 | $ | 1,374 | ||||||||||
Consulting | 233 | 248 | 269 | 304 | 1,054 | 282 | ||||||||||||||||
Insurance Underwriting | 649 | 750 | 718 | 684 | 2,801 | 709 | ||||||||||||||||
Corporate & Other | 49 | (91 | ) | 12 | 24 | (6 | ) | 35 | ||||||||||||||
Intersegment Revenues | — | — | — | — | — | (12 | ) | |||||||||||||||
Total Revenue | $ | 2,088 | $ | 2,122 | $ | 2,246 | $ | 2,366 | $ | 8,822 | $ | 2,388 | ||||||||||
INCOME (LOSS) BEFORE INCOME TAXES | ||||||||||||||||||||||
Risk & Insurance Brokerage Services | $ | 189 | $ | 144 | $ | 209 | $ | 249 | $ | 791 | $ | 230 | ||||||||||
Consulting | 27 | 23 | 26 | 44 | 120 | 20 | ||||||||||||||||
Insurance Underwriting | 68 | 2 | 41 | 44 | 155 | 63 | ||||||||||||||||
Corporate & Other | (13 | ) | (153 | ) | (59 | ) | (48 | ) | (273 | ) | (57 | ) | ||||||||||
Total Income Before Income Taxes | $ | 271 | $ | 16 | $ | 217 | $ | 289 | $ | 793 | $ | 256 | ||||||||||
INCOME BEFORE INCOME TAXES—MARGINS | ||||||||||||||||||||||
Risk & Insurance Brokerage Services | 16.3 | % | 11.9 | % | 16.8 | % | 18.4 | % | 15.9 | % | 16.7 | % | ||||||||||
Consulting | 11.6 | % | 9.3 | % | 9.7 | % | 14.5 | % | 11.4 | % | 7.1 | % | ||||||||||
Insurance Underwriting | 10.5 | % | 0.3 | % | 5.7 | % | 6.4 | % | 5.5 | % | 8.9 | % | ||||||||||
Total Income Before Income Taxes—Margins | 13.0 | % | 0.8 | % | 9.7 | % | 12.2 | % | 9.0 | % | 10.7 | % | ||||||||||
ORGANIC REVENUE GROWTH | ||||||||||||||||||||||
Risk & Insurance Brokerage Services: | ||||||||||||||||||||||
Risk Management & Insurance Brokerage—Americas | 9 | % | 8 | % | 26 | % | 11 | % | 13 | % | 13 | % | ||||||||||
Risk Management & Insurance Brokerage—International | 16 | % | 13 | % | 14 | % | 12 | % | 14 | % | 10 | % | ||||||||||
Reinsurance Brokerage & Related Services | 25 | % | 14 | % | 34 | % | 21 | % | 23 | % | 15 | % | ||||||||||
Claims Services | 10 | % | 2 | % | 6 | % | -2 | % | 4 | % | 14 | % | ||||||||||
Total Risk & Insurance Brokerage Services | 13 | % | 10 | % | 21 | % | 10 | % | 13 | % | 12 | % | ||||||||||
Consulting: | ||||||||||||||||||||||
Benefits, Compensation, Management and Communications Consulting | 6 | % | 6 | % | 6 | % | 5 | % | 6 | % | 6 | % | ||||||||||
Human Resource Outsourcing | 3 | % | 3 | % | 44 | % | 37 | % | 22 | % | 38 | % | ||||||||||
Total Consulting | 4 | % | 6 | % | 14 | % | 12 | % | 9 | % | 13 | % | ||||||||||
Insurance Underwriting: | ||||||||||||||||||||||
Accident & Health and Life | 30 | % | 20 | % | 8 | % | 11 | % | 16 | % | 5 | % | ||||||||||
Warranty, Credit and Property & Casualty | 6 | % | 26 | % | 5 | % | -5 | % | 5 | % | 20 | % | ||||||||||
Total Insurance Underwriting | 17 | % | 23 | % | 7 | % | 4 | % | 11 | % | 12 | % | ||||||||||
Total Organic Revenue Growth | 14 | % | 14 | % | 15 | % | 9 | % | 12 | % | 12 | % | ||||||||||
AON CORPORATION
VARIOUS SEGMENT INFORMATION—AFTER RECLASSIFICATION
| 2001 | ||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1st Qtr. | 2nd Qtr. | 3rd Qtr. | 4th Qtr. | Full Year | ||||||||||||||
| (millions) | ||||||||||||||||||
REVENUE | |||||||||||||||||||
Risk & Insurance Brokerage Services | $ | 1,052 | $ | 1,083 | $ | 1,030 | $ | 1,198 | $ | 4,363 | |||||||||
Consulting | 212 | 229 | 232 | 265 | 938 | ||||||||||||||
Insurance Underwriting | 628 | 609 | 641 | 643 | 2,521 | ||||||||||||||
Corporate & Other | (81 | ) | (4 | ) | 9 | (70 | ) | (146 | ) | ||||||||||
Total Revenue | $ | 1,811 | $ | 1,917 | $ | 1,912 | $ | 2,036 | $ | 7,676 | |||||||||
INCOME (LOSS) BEFORE INCOME TAXES | |||||||||||||||||||
Risk & Insurance Brokerage Services | $ | 166 | $ | 79 | $ | 142 | $ | 178 | $ | 565 | |||||||||
Consulting | 24 | 24 | 29 | 49 | 126 | ||||||||||||||
Insurance Underwriting | 68 | 60 | 45 | (5 | ) | 168 | |||||||||||||
Corporate & Other | (210 | ) | (99 | ) | (83 | ) | (158 | ) | (550 | ) | |||||||||
Total Income Before Income Taxes | $ | 48 | $ | 64 | $ | 133 | $ | 64 | $ | 309 | |||||||||
INCOME BEFORE INCOME TAXES—MARGINS | |||||||||||||||||||
Risk & Insurance Brokerage Services | 15.8 | % | 7.3 | % | 13.8 | % | 14.9 | % | 12.9 | % | |||||||||
Consulting | 11.3 | % | 10.5 | % | 12.5 | % | 18.5 | % | 13.4 | % | |||||||||
Insurance Underwriting | 10.8 | % | 9.9 | % | 7.0 | % | -0.8 | % | 6.7 | % | |||||||||
Total Income Before Income Taxes—Margins | 2.7 | % | 3.3 | % | 7.0 | % | 3.1 | % | 4.0 | % | |||||||||
ORGANIC REVENUE GROWTH | |||||||||||||||||||
Risk & Insurance Brokerage Services: | |||||||||||||||||||
Risk Management & Insurance Brokerage—Americas | 0 | % | 6 | % | -2 | % | 0 | % | 1 | % | |||||||||
Risk Management & Insurance Brokerage—International | 8 | % | 9 | % | 7 | % | 10 | % | 9 | % | |||||||||
Reinsurance Brokerage & Related Services | 18 | % | 23 | % | 4 | % | 13 | % | 14 | % | |||||||||
Claims Services | 46 | % | 51 | % | 49 | % | 45 | % | 47 | % | |||||||||
Total Risk & Insurance Brokerage Services | 8 | % | 12 | % | 6 | % | 9 | % | 9 | % | |||||||||
Consulting: | |||||||||||||||||||
Benefits, Compensation, Management and Communications Consulting | 11 | % | 10 | % | 6 | % | 8 | % | 9 | % | |||||||||
Human Resource Outsourcing | -2 | % | 6 | % | -1 | % | 4 | % | 2 | % | |||||||||
Total Consulting | 8 | % | 9 | % | 4 | % | 7 | % | 7 | % | |||||||||
Insurance Underwriting: | |||||||||||||||||||
Accident & Health and Life | 8 | % | 8 | % | 10 | % | 16 | % | 11 | % | |||||||||
Warranty, Credit and Property & Casualty | 1 | % | -7 | % | 6 | % | 1 | % | 0 | % | |||||||||
Total Insurance Underwriting | 5 | % | 1 | % | 8 | % | 8 | % | 5 | % | |||||||||
Total Organic Revenue Growth | 7 | % | 8 | % | 7 | % | 9 | % | 8 | % | |||||||||
AON CORPORATION VARIOUS SEGMENT INFORMATION—AFTER RECLASSIFICATION