Aon plc - Competition
Aon and Marsh & McLennan Companies Inc (MMC) are the two largest players in the insurance brokerage industry, but there are a number of other mid-market competitors as well. Of the larger firms, Aon is the only one with a Debt to Equity ratio above 1, and a lower dividend yield rate. On the up side, Aon has the top GAGR of the three largest firms in this sector.
In the next mid-market segment of insurance brokerages, various competitors have individual financial metrics that are uncommon, and could indicate an up-and-coming competitor for Aon to watch out for. As examples: see the fantastic 5-year GAGR% for Arthur J. Gallacher & Co, the super high Price/Equity of Willis Towers Watson plc, and wonderful operating margin for Brown & Brown Inc.
In the next mid-market segment of insurance brokerages, various competitors have individual financial metrics that are uncommon, and could indicate an up-and-coming competitor for Aon to watch out for. As examples: see the fantastic 5-year GAGR% for Arthur J. Gallacher & Co, the super high Price/Equity of Willis Towers Watson plc, and wonderful operating margin for Brown & Brown Inc.
Although Aon returns during the last year have been slightly weaker than the average for insurance brokers and the S&P 500, they have outperformed consistently in the 1 to 15 year periods.
Other data on the world's 10 largest insurance brokers. Note that Aon and MMC have similar commercial percent of business numbers (about 44%), and are relatively close on reinsurance and investments, but MMC has more percentage of employee benefits revenue, and lower percentage of services versus Aon.