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Exhibit 99.4
AON CORPORATION
RECONCILIATION OF REPORTED REVENUE GROWTH TO ORGANIC REVENUE GROWTH
| 1st Quarter 2003 | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
| Reported Revenue Growth | Less: Currency Impact | Less: All Other (1) | Organic Revenue Growth | |||||||
Risk & Insurance Brokerage Services: | |||||||||||
Risk Management & Insurance Brokerage—Americas | 13 | % | -2 | % | 2 | % | 13 | % | |||
Risk Management & Insurance Brokerage—International | 25 | % | 14 | % | 1 | % | 10 | % | |||
Reinsurance Brokerage & Related Services | 22 | % | 9 | % | -2 | % | 15 | % | |||
Claims Services | 12 | % | 3 | % | -5 | % | 14 | % | |||
Total Risk & Insurance Brokerage Services | 19 | % | 7 | % | 0 | % | 12 | % | |||
Consulting: | |||||||||||
Benefits, Compensation, Management and Communications Consulting | 14 | % | 5 | % | 3 | % | 6 | % | |||
Human Resource Outsourcing | 46 | % | 3 | % | 5 | % | 38 | % | |||
Total Consulting | 21 | % | 6 | % | 2 | % | 13 | % | |||
Insurance Underwriting: | |||||||||||
Accident & Health and Life | 3 | % | 2 | % | -4 | % | 5 | % | |||
Warranty, Credit and Property & Casualty | 19 | % | 3 | % | -4 | % | 20 | % | |||
Total Insurance Underwriting | 9 | % | 2 | % | -5 | % | 12 | % | |||
Total Operating Segments (after eliminations) | 14 | % | 5 | % | -3 | % | 12 | % | |||
- (1)
- Includes items discussed in the organic revenue growth description, beyond currency impact.
AON CORPORATION
RECONCILIATION OF REPORTED REVENUE GROWTH TO ORGANIC REVENUE GROWTH
| 1st Quarter 2002 | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
| Reported Revenue Growth | Less: Currency Impact | Less: All Other (1) | Organic Revenue Growth | |||||||
Risk & Insurance Brokerage Services: | |||||||||||
Risk Management & Insurance Brokerage—Americas | 6 | % | -1 | % | -2 | % | 9 | % | |||
Risk Management & Insurance Brokerage—International | 12 | % | -4 | % | 0 | % | 16 | % | |||
Reinsurance Brokerage & Related Services | 14 | % | -2 | % | -9 | % | 25 | % | |||
Claims Services | 14 | % | -1 | % | 5 | % | 10 | % | |||
Total Risk & Insurance Brokerage Services | 10 | % | -2 | % | -1 | % | 13 | % | |||
Consulting: | �� | ||||||||||
Benefits, Compensation, Management and Communications Consulting | 8 | % | -1 | % | 3 | % | 6 | % | |||
Human Resource Outsourcing | 16 | % | -1 | % | 14 | % | 3 | % | |||
Total Consulting | 10 | % | -1 | % | 7 | % | 4 | % | |||
Insurance Underwriting: | |||||||||||
Accident & Health and Life | 12 | % | -4 | % | -14 | % | 30 | % | |||
Warranty, Credit and Property & Casualty | -7 | % | 0 | % | -13 | % | 6 | % | |||
Total Insurance Underwriting | 3 | % | -2 | % | -12 | % | 17 | % | |||
Total Operating Segments | 8 | % | -2 | % | -4 | % | 14 | % | |||
| 2nd Quarter 2002 | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
| Reported Revenue Growth | Less: Currency Impact | Less: All Other (1) | Organic Revenue Growth | |||||||
Risk & Insurance Brokerage Services: | |||||||||||
Risk Management & Insurance Brokerage—Americas | 8 | % | -1 | % | 1 | % | 8 | % | |||
Risk Management & Insurance Brokerage—International | 21 | % | 3 | % | 5 | % | 13 | % | |||
Reinsurance Brokerage & Related Services | 12 | % | 1 | % | -3 | % | 14 | % | |||
Claims Services | 3 | % | 1 | % | 0 | % | 2 | % | |||
Total Risk & Insurance Brokerage Services | 12 | % | 1 | % | 1 | % | 10 | % | |||
Consulting: | |||||||||||
Benefits, Compensation, Management and Communications Consulting | 7 | % | 1 | % | 0 | % | 6 | % | |||
Human Resource Outsourcing | 13 | % | 1 | % | 9 | % | 3 | % | |||
Total Consulting | 8 | % | 1 | % | 1 | % | 6 | % | |||
Insurance Underwriting: | |||||||||||
Accident & Health and Life | 25 | % | 0 | % | 5 | % | 20 | % | |||
Warranty, Credit and Property & Casualty | 21 | % | 1 | % | -6 | % | 26 | % | |||
Total Insurance Underwriting | 23 | % | 0 | % | 0 | % | 23 | % | |||
Total Operating Segments | 15 | % | 1 | % | 0 | % | 14 | % | |||
| 3rd Quarter 2002 | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
| Reported Revenue Growth | Less: Currency Impact | Less: All Other (1) | Organic Revenue Growth | |||||||
Risk & Insurance Brokerage Services: | |||||||||||
Risk Management & Insurance Brokerage—Americas | 21 | % | -2 | % | -3 | % | 26 | % | |||
Risk Management & Insurance Brokerage—International | 25 | % | 7 | % | 4 | % | 14 | % | |||
Reinsurance Brokerage & Related Services | 21 | % | 4 | % | -17 | % | 34 | % | |||
Claims Services | 8 | % | 2 | % | 0 | % | 6 | % | |||
Total Risk & Insurance Brokerage Services | 21 | % | 2 | % | -2 | % | 21 | % | |||
Consulting: | |||||||||||
Benefits, Compensation, Management and Communications Consulting | 7 | % | 2 | % | -1 | % | 6 | % | |||
Human Resource Outsourcing | 46 | % | 2 | % | 0 | % | 44 | % | |||
Total Consulting | 16 | % | 2 | % | 0 | % | 14 | % | |||
Insurance Underwriting: | |||||||||||
Accident & Health and Life | 16 | % | 4 | % | 4 | % | 8 | % | |||
Warranty, Credit and Property & Casualty | 7 | % | 2 | % | 0 | % | 5 | % | |||
Total Insurance Underwriting | 12 | % | 3 | % | 2 | % | 7 | % | |||
Total Operating Segments | 17 | % | 3 | % | -1 | % | 15 | % | |||
| 4th Quarter 2002 | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
| Reported Revenue Growth | Less: Currency Impact | Less: All Other (1) | Organic Revenue Growth | |||||||
Risk & Insurance Brokerage Services: | |||||||||||
Risk Management & Insurance Brokerage—Americas | 5 | % | -1 | % | -5 | % | 11 | % | |||
Risk Management & Insurance Brokerage—International | 23 | % | 9 | % | 2 | % | 12 | % | |||
Reinsurance Brokerage & Related Services | 28 | % | 2 | % | 5 | % | 21 | % | |||
Claims Services | -1 | % | 2 | % | -1 | % | -2 | % | |||
Total Risk & Insurance Brokerage Services | 13 | % | 3 | % | 0 | % | 10 | % | |||
Consulting: | |||||||||||
Benefits, Compensation, Management and Communications Consulting | 8 | % | 2 | % | 1 | % | 5 | % | |||
Human Resource Outsourcing | 42 | % | 2 | % | 3 | % | 37 | % | |||
Total Consulting | 15 | % | 2 | % | 1 | % | 12 | % | |||
Insurance Underwriting: | |||||||||||
Accident & Health and Life | 6 | % | 4 | % | -9 | % | 11 | % | |||
Warranty, Credit and Property & Casualty | 6 | % | 4 | % | 7 | % | -5 | % | |||
Total Insurance Underwriting | 6 | % | 4 | % | -2 | % | 4 | % | |||
Total Operating Segments | 11 | % | 3 | % | -1 | % | 9 | % | |||
| Full Year 2002 | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
| Reported Revenue Growth | Less: Currency Impact | Less: All Other (1) | Organic Revenue Growth | |||||||
Risk & Insurance Brokerage Services: | |||||||||||
Risk Management & Insurance Brokerage—Americas | 10 | % | -1 | % | -2 | % | 13 | % | |||
Risk Management & Insurance Brokerage—International | 20 | % | 4 | % | 2 | % | 14 | % | |||
Reinsurance Brokerage & Related Services | 18 | % | 1 | % | -6 | % | 23 | % | |||
Claims Services | 6 | % | 1 | % | 1 | % | 4 | % | |||
Total Risk & Insurance Brokerage Services | 14 | % | 1 | % | 0 | % | 13 | % | |||
Consulting: | |||||||||||
Benefits, Compensation, Management and Communications Consulting | 8 | % | 1 | % | 1 | % | 6 | % | |||
Human Resource Outsourcing | 30 | % | 1 | % | 7 | % | 22 | % | |||
Total Consulting | 12 | % | 1 | % | 2 | % | 9 | % | |||
Insurance Underwriting: | |||||||||||
Accident & Health and Life | 15 | % | 1 | % | -2 | % | 16 | % | |||
Warranty, Credit and Property & Casualty | 6 | % | 1 | % | 0 | % | 5 | % | |||
Total Insurance Underwriting | 11 | % | 1 | % | -1 | % | 11 | % | |||
Total Operating Segments | 13 | % | 1 | % | 0 | % | 12 | % | |||
- (1)
- Includes items discussed in the organic revenue growth description, beyond currency impact.
AON CORPORATION
RECONCILIATION OF REPORTED REVENUE GROWTH TO ORGANIC REVENUE GROWTH
| 1st Quarter 2001 | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
| Reported Revenue Growth | Less: Currency Impact | Less: All Other (1) | Organic Revenue Growth | |||||||
Risk & Insurance Brokerage Services: | |||||||||||
Risk Management & Insurance Brokerage—Americas | 1 | % | -1 | % | 2 | % | 0 | % | |||
Risk Management & Insurance Brokerage—International | 1 | % | -7 | % | 0 | % | 8 | % | |||
Reinsurance Brokerage & Related Services | 12 | % | -4 | % | -2 | % | 18 | % | |||
Claims Services | 32 | % | -3 | % | -11 | % | 46 | % | |||
Total Risk & Insurance Brokerage Services | 5 | % | -4 | % | 1 | % | 8 | % | |||
Consulting: | |||||||||||
Benefits, Compensation, Management and Communications Consulting | 18 | % | -3 | % | 10 | % | 11 | % | |||
Human Resource Outsourcing | 30 | % | -4 | % | 36 | % | -2 | % | |||
Total Consulting | 20 | % | -4 | % | 16 | % | 8 | % | |||
Insurance Underwriting: | |||||||||||
Accident & Health and Life | 9 | % | -3 | % | 4 | % | 8 | % | |||
Warranty, Credit and Property & Casualty | 5 | % | -3 | % | 7 | % | 1 | % | |||
Total Insurance Underwriting | 7 | % | -3 | % | 5 | % | 5 | % | |||
Total Operating Segments | 7 | % | -4 | % | 4 | % | 7 | % | |||
| 2nd Quarter 2001 | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
| Reported Revenue Growth | Less: Currency Impact | Less: All Other (1) | Organic Revenue Growth | |||||||
Risk & Insurance Brokerage Services: | |||||||||||
Risk Management & Insurance Brokerage—Americas | 5 | % | -1 | % | 0 | % | 6 | % | |||
Risk Management & Insurance Brokerage—International | 3 | % | -7 | % | 1 | % | 9 | % | |||
Reinsurance Brokerage & Related Services | 15 | % | -4 | % | -4 | % | 23 | % | |||
Claims Services | 48 | % | -2 | % | -1 | % | 51 | % | |||
Total Risk & Insurance Brokerage Services | 9 | % | -3 | % | 0 | % | 12 | % | |||
Consulting: | |||||||||||
Benefits, Compensation, Management and Communications Consulting | 23 | % | -2 | % | 15 | % | 10 | % | |||
Human Resource Outsourcing | 45 | % | -4 | % | 43 | % | 6 | % | |||
Total Consulting | 27 | % | -3 | % | 21 | % | 9 | % | |||
Insurance Underwriting: | |||||||||||
Accident & Health and Life | 10 | % | -3 | % | 5 | % | 8 | % | |||
Warranty, Credit and Property & Casualty | -11 | % | -3 | % | -1 | % | -7 | % | |||
Total Insurance Underwriting | 0 | % | -3 | % | 2 | % | 1 | % | |||
Total Operating Segments | 7 | % | -3 | % | 2 | % | 8 | % | |||
| 3rd Quarter 2001 | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
| Reported Revenue Growth | Less: Currency Impact | Less: All Other (1) | Organic Revenue Growth | |||||||
Risk & Insurance Brokerage Services: | |||||||||||
Risk Management & Insurance Brokerage—Americas | -2 | % | -1 | % | 1 | % | -2 | % | |||
Risk Management & Insurance Brokerage—International | 7 | % | -4 | % | 4 | % | 7 | % | |||
Reinsurance Brokerage & Related Services | 7 | % | -2 | % | 5 | % | 4 | % | |||
Claims Services | 48 | % | -1 | % | 0 | % | 49 | % | |||
Total Risk & Insurance Brokerage Services | 6 | % | -2 | % | 2 | % | 6 | % | |||
Consulting: | |||||||||||
Benefits, Compensation, Management and Communications Consulting | 22 | % | -1 | % | 17 | % | 6 | % | |||
Human Resource Outsourcing | 53 | % | -3 | % | 57 | % | -1 | % | |||
Total Consulting | 27 | % | -2 | % | 25 | % | 4 | % | |||
Insurance Underwriting: | |||||||||||
Accident & Health and Life | 8 | % | -4 | % | 2 | % | 10 | % | |||
Warranty, Credit and Property & Casualty | 8 | % | 1 | % | 1 | % | 6 | % | |||
Total Insurance Underwriting | 8 | % | -2 | % | 2 | % | 8 | % | |||
Total Operating Segments | 9 | % | -2 | % | 4 | % | 7 | % | |||
| 4th Quarter 2001 | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
| Reported Revenue Growth | Less: Currency Impact | Less: All Other (1) | Organic Revenue Growth | |||||||
Risk & Insurance Brokerage Services: | |||||||||||
Risk Management & Insurance Brokerage—Americas | 6 | % | -1 | % | 7 | % | 0 | % | |||
Risk Management & Insurance Brokerage—International | 13 | % | 0 | % | 3 | % | 10 | % | |||
Reinsurance Brokerage & Related Services | -6 | % | 0 | % | -19 | % | 13 | % | |||
Claims Services | 47 | % | 0 | % | 2 | % | 45 | % | |||
Total Risk & Insurance Brokerage Services | 9 | % | 0 | % | 0 | % | 9 | % | |||
Consulting: | |||||||||||
Benefits, Compensation, Management and Communications Consulting | 6 | % | -1 | % | -1 | % | 8 | % | |||
Human Resource Outsourcing | 62 | % | 2 | % | 56 | % | 4 | % | |||
Total Consulting | 14 | % | 0 | % | 7 | % | 7 | % | |||
Insurance Underwriting: | |||||||||||
Accident & Health and Life | 6 | % | 0 | % | -10 | % | 16 | % | |||
Warranty, Credit and Property & Casualty | -1 | % | 1 | % | -3 | % | 1 | % | |||
Total Insurance Underwriting | 3 | % | 0 | % | -5 | % | 8 | % | |||
Total Operating Segments | 8 | % | 0 | % | -1 | % | 9 | % | |||
| Full Year 2001 | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
| Reported Revenue Growth | Less: Currency Impact | Less: All Other (1) | Organic Revenue Growth | |||||||
Risk & Insurance Brokerage Services: | |||||||||||
Risk Management & Insurance Brokerage—Americas | 3 | % | -1 | % | 3 | % | 1 | % | |||
Risk Management & Insurance Brokerage—International | 6 | % | -4 | % | 1 | % | 9 | % | |||
Reinsurance Brokerage & Related Services | 7 | % | -2 | % | -5 | % | 14 | % | |||
Claims Services | 44 | % | -2 | % | -1 | % | 47 | % | |||
Total Risk & Insurance Brokerage Services | 7 | % | -2 | % | 0 | % | 9 | % | |||
Consulting: | |||||||||||
Benefits, Compensation, Management and Communications Consulting | 16 | % | -1 | % | 8 | % | 9 | % | |||
Human Resource Outsourcing | 48 | % | -2 | % | 48 | % | 2 | % | |||
Total Consulting | 22 | % | -2 | % | 17 | % | 7 | % | |||
Insurance Underwriting: | |||||||||||
Accident & Health and Life | 8 | % | -3 | % | 0 | % | 11 | % | |||
Warranty, Credit and Property & Casualty | 0 | % | -1 | % | 1 | % | 0 | % | |||
Total Insurance Underwriting | 4 | % | -2 | % | 1 | % | 5 | % | |||
Total Operating Segments | 8 | % | -2 | % | 2 | % | 8 | % | |||
- (1)
- Includes items discussed in the organic revenue growth description, beyond currency impact.
AON CORPORATION RECONCILIATION OF REPORTED REVENUE GROWTH TO ORGANIC REVENUE GROWTH