Exhibit 99.2
Aon Corporation
Segments - Reclassified for Discontinued Operations
|
| 2005 |
| |||||||
(millions) |
| 1st |
| 2nd |
| Six |
| |||
Revenue |
|
|
|
|
|
|
| |||
Risk & Insurance Brokerage Services: |
|
|
|
|
|
|
| |||
Risk Management & Insurance Brokerage - Americas |
| $ | 454 |
| $ | 541 |
| $ | 995 |
|
Risk Management & Insurance Brokerage - International |
| 660 |
| 592 |
| 1,252 |
| |||
Reinsurance Brokerage & Related Services |
| 240 |
| 203 |
| 443 |
| |||
Claims Services |
| — |
| — |
| — |
| |||
Total Risk & Insurance Brokerage Services |
| 1,354 |
| 1,336 |
| 2,690 |
| |||
|
|
|
|
|
|
|
| |||
Consulting: |
|
|
|
|
|
|
| |||
Consulting Services |
| 240 |
| 244 |
| 484 |
| |||
Outsourcing |
| 69 |
| 71 |
| 140 |
| |||
Total Consulting |
| 309 |
| 315 |
| 624 |
| |||
|
|
|
|
|
|
|
| |||
Insurance Underwriting: |
|
|
|
|
|
|
| |||
Accident & Health and Life |
| 440 |
| 450 |
| 890 |
| |||
Warranty, Credit and Property & Casualty |
| 349 |
| 366 |
| 715 |
| |||
Total Insurance Underwriting |
| 789 |
| 816 |
| 1,605 |
| |||
|
|
|
|
|
|
|
| |||
Corporate & Other |
| 29 |
| 6 |
| 35 |
| |||
Intersegment Revenues |
| (15 | ) | (15 | ) | (30 | ) | |||
Total |
| $ | 2,466 |
| $ | 2,458 |
| $ | 4,924 |
|
|
|
|
|
|
|
|
| |||
Income (loss) from continuing operations before provision for income tax |
|
|
|
|
|
|
| |||
Risk & Insurance Brokerage Services |
| $ | 240 |
| $ | 208 |
| $ | 448 |
|
Consulting |
| 26 |
| 29 |
| 55 |
| |||
Insurance Underwriting |
| 68 |
| 83 |
| 151 |
| |||
Corporate & Other |
| (24 | ) | (51 | ) | (75 | ) | |||
Total |
| $ | 310 |
| $ | 269 |
| $ | 579 |
|
|
|
|
|
|
|
|
| |||
Income from continuing operations before provision for income tax - margins |
|
|
|
|
|
|
| |||
Risk & Insurance Brokerage Services |
| 17.7 | % | 15.6 | % | 16.7 | % | |||
Consulting |
| 8.4 | % | 9.2 | % | 8.8 | % | |||
Insurance Underwriting |
| 8.6 | % | 10.2 | % | 9.4 | % | |||
Total |
| 12.6 | % | 10.9 | % | 11.8 | % |
|
| 2004 |
| |||||||||||||
(millions) |
| 1st |
| 2nd |
| 3rd |
| 4th |
| Full Year |
| |||||
Revenue |
|
|
|
|
|
|
|
|
|
|
| |||||
Risk & Insurance Brokerage Services: |
|
|
|
|
|
|
|
|
|
|
| |||||
Risk Management & Insurance Brokerage - Americas |
| $ | 480 |
| $ | 531 |
| $ | 503 |
| $ | 566 |
| $ | 2,080 |
|
Risk Management & Insurance Brokerage - International |
| 633 |
| 574 |
| 512 |
| 638 |
| 2,357 |
| |||||
Reinsurance Brokerage & Related Services |
| 239 |
| 204 |
| 219 |
| 199 |
| 861 |
| |||||
Claims Services |
| 61 |
| 57 |
| 55 |
| 39 |
| 212 |
| |||||
Total Risk & Insurance Brokerage Services |
| 1,413 |
| 1,366 |
| 1,289 |
| 1,442 |
| 5,510 |
| |||||
|
|
|
|
|
|
|
|
|
|
|
| |||||
Consulting: |
|
|
|
|
|
|
|
|
|
|
| |||||
Consulting Services |
| 225 |
| 230 |
| 229 |
| 265 |
| 949 |
| |||||
Outsourcing |
| 76 |
| 75 |
| 71 |
| 76 |
| 298 |
| |||||
Total Consulting |
| 301 |
| 305 |
| 300 |
| 341 |
| 1,247 |
| |||||
|
|
|
|
|
|
|
|
|
|
|
| |||||
Insurance Underwriting: |
|
|
|
|
|
|
|
|
|
|
| |||||
Accident & Health and Life |
| 425 |
| 441 |
| 423 |
| 432 |
| 1,721 |
| |||||
Warranty, Credit and Property & Casualty |
| 356 |
| 364 |
| 356 |
| 353 |
| 1,429 |
| |||||
Total Insurance Underwriting |
| 781 |
| 805 |
| 779 |
| 785 |
| 3,150 |
| |||||
|
|
|
|
|
|
|
|
|
|
|
| |||||
Corporate & Other |
| 36 |
| 18 |
| (6 | ) | 61 |
| 109 |
| |||||
Intersegment Revenues |
| (18 | ) | (16 | ) | (15 | ) | (23 | ) | (72 | ) | |||||
Total |
| $ | 2,513 |
| $ | 2,478 |
| $ | 2,347 |
| $ | 2,606 |
| $ | 9,944 |
|
|
|
|
|
|
|
|
|
|
|
|
| |||||
Income (loss) from continuing operations before provision for income tax |
|
|
|
|
|
|
|
|
|
|
| |||||
Risk & Insurance Brokerage Services |
| $ | 243 |
| $ | 191 |
| $ | 131 |
| $ | 15 |
| $ | 580 |
|
Consulting |
| 26 |
| 28 |
| 29 |
| 22 |
| 105 |
| |||||
Insurance Underwriting |
| 53 |
| 73 |
| 67 |
| 61 |
| 254 |
| |||||
Corporate & Other |
| (22 | ) | (32 | ) | (52 | ) | (2 | ) | (108 | ) | |||||
Total |
| $ | 300 |
| $ | 260 |
| $ | 175 |
| $ | 96 |
| $ | 831 |
|
|
|
|
|
|
|
|
|
|
|
|
| |||||
Income from continuing operations before provision for income tax - margins |
|
|
|
|
|
|
|
|
|
|
| |||||
Risk & Insurance Brokerage Services |
| 17.2 | % | 14.0 | % | 10.2 | % | 1.0 | % | 10.5 | % | |||||
Consulting |
| 8.6 | % | 9.2 | % | 9.7 | % | 6.5 | % | 8.4 | % | |||||
Insurance Underwriting |
| 6.8 | % | 9.1 | % | 8.6 | % | 7.8 | % | 8.1 | % | |||||
Total |
| 11.9 | % | 10.5 | % | 7.5 | % | 3.7 | % | 8.4 | % |
|
| 2003 |
| |||||||||||||
(millions) |
| 1st |
| 2nd |
| 3rd |
| 4th |
| Full Year |
| |||||
Revenue |
|
|
|
|
|
|
|
|
|
|
| |||||
Risk & Insurance Brokerage Services: |
|
|
|
|
|
|
|
|
|
|
| |||||
Risk Management & Insurance Brokerage - Americas |
| $ | 456 |
| $ | 522 |
| $ | 499 |
| $ | 575 |
| $ | 2,052 |
|
Risk Management & Insurance Brokerage - International |
| 524 |
| 507 |
| 478 |
| 565 |
| 2,074 |
| |||||
Reinsurance Brokerage & Related Services |
| 237 |
| 219 |
| 225 |
| 192 |
| 873 |
| |||||
Claims Services |
| 88 |
| 88 |
| 85 |
| 91 |
| 352 |
| |||||
Total Risk & Insurance Brokerage Services |
| 1,305 |
| 1,336 |
| 1,287 |
| 1,423 |
| 5,351 |
| |||||
|
|
|
|
|
|
|
|
|
|
|
| |||||
Consulting: |
|
|
|
|
|
|
|
|
|
|
| |||||
Consulting Services |
| 209 |
| 224 |
| 214 |
| 251 |
| 898 |
| |||||
Outsourcing |
| 71 |
| 68 |
| 70 |
| 78 |
| 287 |
| |||||
Total Consulting |
| 280 |
| 292 |
| 284 |
| 329 |
| 1,185 |
| |||||
|
|
|
|
|
|
|
|
|
|
|
| |||||
Insurance Underwriting: |
|
|
|
|
|
|
|
|
|
|
| |||||
Accident & Health and Life |
| 399 |
| 377 |
| 416 |
| 402 |
| 1,594 |
| |||||
Warranty, Credit and Property & Casualty |
| 310 |
| 315 |
| 326 |
| 338 |
| 1,289 |
| |||||
Total Insurance Underwriting |
| 709 |
| 692 |
| 742 |
| 740 |
| 2,883 |
| |||||
|
|
|
|
|
|
|
|
|
|
|
| |||||
Corporate & Other |
| 31 |
| 40 |
| 14 |
| 40 |
| 125 |
| |||||
Intersegment Revenues |
| (12 | ) | (16 | ) | (21 | ) | (19 | ) | (68 | ) | |||||
Total |
| $ | 2,313 |
| $ | 2,344 |
| $ | 2,306 |
| $ | 2,513 |
| $ | 9,476 |
|
|
|
|
|
|
|
|
|
|
|
|
| |||||
Income (loss) from continuing operations before provision for income tax and minority interest |
|
|
|
|
|
|
|
|
|
|
| |||||
Risk & Insurance Brokerage Services |
| $ | 238 |
| $ | 165 |
| $ | 167 |
| $ | 225 |
| $ | 795 |
|
Consulting |
| 21 |
| 22 |
| 20 |
| 47 |
| 110 |
| |||||
Insurance Underwriting |
| 63 |
| 64 |
| 58 |
| 11 |
| 196 |
| |||||
Corporate & Other |
| (50 | ) | (6 | ) | (28 | ) | 61 |
| (23 | ) | |||||
Total |
| $ | 272 |
| $ | 245 |
| $ | 217 |
| $ | 344 |
| $ | 1,078 |
|
|
|
|
|
|
|
|
|
|
|
|
| |||||
Income from continuing operations before provision for income tax - margins |
|
|
|
|
|
|
|
|
|
|
| |||||
Risk & Insurance Brokerage Services |
| 18.2 | % | 12.4 | % | 13.0 | % | 15.8 | % | 14.9 | % | |||||
Consulting |
| 7.5 | % | 7.5 | % | 7.0 | % | 14.3 | % | 9.3 | % | |||||
Insurance Underwriting |
| 8.9 | % | 9.2 | % | 7.8 | % | 1.5 | % | 6.8 | % | |||||
Total |
| 11.8 | % | 10.5 | % | 9.4 | % | 13.7 | % | 11.4 | % |
|
| 2002 |
| |||||||||||||
(millions) |
| 1st |
| 2nd |
| 3rd |
| 4th |
| Full Year |
| |||||
Revenue |
|
|
|
|
|
|
|
|
|
|
| |||||
Risk & Insurance Brokerage Services: |
|
|
|
|
|
|
|
|
|
|
| |||||
Risk Management & Insurance Brokerage - Americas |
| $ | 400 |
| $ | 452 |
| $ | 472 |
| $ | 541 |
| $ | 1,865 |
|
Risk Management & Insurance Brokerage - International |
| 420 |
| 413 |
| 403 |
| 459 |
| 1,695 |
| |||||
Reinsurance Brokerage & Related Services |
| 194 |
| 186 |
| 204 |
| 181 |
| 765 |
| |||||
Claims Services |
| 77 |
| 80 |
| 87 |
| 85 |
| 329 |
| |||||
Total Risk & Insurance Brokerage Services |
| 1,091 |
| 1,131 |
| 1,166 |
| 1,266 |
| 4,654 |
| |||||
|
|
|
|
|
|
|
|
|
|
|
| |||||
Consulting: |
|
|
|
|
|
|
|
|
|
|
| |||||
Consulting Services |
| 183 |
| 194 |
| 193 |
| 226 |
| 796 |
| |||||
Outsourcing |
| 48 |
| 52 |
| 74 |
| 76 |
| 250 |
| |||||
Total Consulting |
| 231 |
| 246 |
| 267 |
| 302 |
| 1,046 |
| |||||
|
|
|
|
|
|
|
|
|
|
|
| |||||
Insurance Underwriting: |
|
|
|
|
|
|
|
|
|
|
| |||||
Accident & Health and Life |
| 389 |
| 441 |
| 415 |
| 394 |
| 1,639 |
| |||||
Warranty, Credit and Property & Casualty |
| 260 |
| 309 |
| 303 |
| 290 |
| 1,162 |
| |||||
Total Insurance Underwriting |
| 649 |
| 750 |
| 718 |
| 684 |
| 2,801 |
| |||||
|
|
|
|
|
|
|
|
|
|
|
| |||||
Corporate & Other |
| 45 |
| (95 | ) | 8 |
| 21 |
| (21 | ) | |||||
Total |
| $ | 2,016 |
| $ | 2,032 |
| $ | 2,159 |
| $ | 2,273 |
| $ | 8,480 |
|
|
|
|
|
|
|
|
|
|
|
|
| |||||
Income (loss) from continuing operations before provision for income tax and minority interest |
|
|
|
|
|
|
|
|
|
|
| |||||
Risk & Insurance Brokerage Services |
| $ | 185 |
| $ | 125 |
| $ | 193 |
| $ | 252 |
| $ | 755 |
|
Consulting |
| 27 |
| 24 |
| 26 |
| 45 |
| 122 |
| |||||
Insurance Underwriting |
| 68 |
| 2 |
| 41 |
| 44 |
| 155 |
| |||||
Corporate & Other |
| (7 | ) | (147 | ) | (51 | ) | (37 | ) | (242 | ) | |||||
Total |
| $ | 273 |
| $ | 4 |
| $ | 209 |
| $ | 304 |
| $ | 790 |
|
|
|
|
|
|
|
|
|
|
|
|
| |||||
Income from continuing operations before provision for income tax - margins |
|
|
|
|
|
|
|
|
|
|
| |||||
Risk & Insurance Brokerage Services |
| 17.0 | % | 11.1 | % | 16.6 | % | 19.9 | % | 16.2 | % | |||||
Consulting |
| 11.7 | % | 9.8 | % | 9.7 | % | 14.9 | % | 11.7 | % | |||||
Insurance Underwriting |
| 10.5 | % | 0.3 | % | 5.7 | % | 6.4 | % | 5.5 | % | |||||
Total |
| 13.5 | % | 0.2 | % | 9.7 | % | 13.4 | % | 9.3 | % |
|
| 2001 |
| |||||||||||||
(millions) |
| 1st |
| 2nd |
| 3rd |
| 4th |
| Full Year |
| |||||
Revenue |
|
|
|
|
|
|
|
|
|
|
| |||||
Risk & Insurance Brokerage Services: |
|
|
|
|
|
|
|
|
|
|
| |||||
Risk Management & Insurance Brokerage - Americas |
| $ | 384 |
| $ | 432 |
| $ | 393 |
| $ | 518 |
| $ | 1,727 |
|
Risk Management & Insurance Brokerage - International |
| 375 |
| 342 |
| 322 |
| 374 |
| 1,413 |
| |||||
Reinsurance Brokerage & Related Services |
| 170 |
| 169 |
| 169 |
| 142 |
| 650 |
| |||||
Claims Services |
| 79 |
| 90 |
| 93 |
| 100 |
| 362 |
| |||||
Total Risk & Insurance Brokerage Services |
| 1,008 |
| 1,033 |
| 977 |
| 1,134 |
| 4,152 |
| |||||
|
|
|
|
|
|
|
|
|
|
|
| |||||
Consulting: |
|
|
|
|
|
|
|
|
|
|
| |||||
Consulting Services |
| 169 |
| 181 |
| 180 |
| 210 |
| 740 |
| |||||
Outsourcing |
| 43 |
| 47 |
| 50 |
| 53 |
| 193 |
| |||||
Total Consulting |
| 212 |
| 228 |
| 230 |
| 263 |
| 933 |
| |||||
|
|
|
|
|
|
|
|
|
|
|
| |||||
Insurance Underwriting: |
|
|
|
|
|
|
|
|
|
|
| |||||
Accident & Health and Life |
| 348 |
| 354 |
| 357 |
| 370 |
| 1,429 |
| |||||
Warranty, Credit and Property & Casualty |
| 280 |
| 255 |
| 284 |
| 273 |
| 1,092 |
| |||||
Total Insurance Underwriting |
| 628 |
| 609 |
| 641 |
| 643 |
| 2,521 |
| |||||
|
|
|
|
|
|
|
|
|
|
|
| |||||
Corporate & Other |
| (85 | ) | (14 | ) | 3 |
| (75 | ) | (171 | ) | |||||
Total |
| $ | 1,763 |
| $ | 1,856 |
| $ | 1,851 |
| $ | 1,965 |
| $ | 7,435 |
|
|
|
|
|
|
|
|
|
|
|
|
| |||||
Income (loss) from continuing operations before provision for income tax and minority interest |
|
|
|
|
|
|
|
|
|
|
| |||||
Risk & Insurance Brokerage Services |
| $ | 157 |
| $ | 65 |
| $ | 126 |
| $ | 155 |
| $ | 503 |
|
Consulting |
| 24 |
| 24 |
| 29 |
| 50 |
| 127 |
| |||||
Insurance Underwriting |
| 68 |
| 60 |
| 45 |
| (5 | ) | 168 |
| |||||
Corporate & Other |
| (169 | ) | (94 | ) | (76 | ) | (151 | ) | (490 | ) | |||||
Total |
| $ | 80 |
| $ | 55 |
| $ | 124 |
| $ | 49 |
| $ | 308 |
|
|
|
|
|
|
|
|
|
|
|
|
| |||||
Income from continuing operations before provision for income tax - margins |
|
|
|
|
|
|
|
|
|
|
| |||||
Risk & Insurance Brokerage Services |
| 15.6 | % | 6.3 | % | 12.9 | % | 13.7 | % | 12.1 | % | |||||
Consulting |
| 11.3 | % | 10.5 | % | 12.6 | % | 19.0 | % | 13.6 | % | |||||
Insurance Underwriting |
| 10.8 | % | 9.9 | % | 7.0 | % | -0.8 | % | 6.7 | % | |||||
Total |
| 4.5 | % | 3.0 | % | 6.7 | % | 2.5 | % | 4.1 | % |