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Aon targets data centers for more growth as it reports 2025 results - Business Insurance Skip to content Register for free Search Search Log In Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Aon targets data centers for more growth as it reports 2025 results by Gavin Souter Greg Case Agents and Brokers , Financial Results , Technology Aon Jan 30, 2026 The explosion in data center construction over the past couple of years presents a “generational opportunity” for insurance brokers as facility owners seek protection for a wide range of exposures, Aon’s top executives said Friday. Data center construction contributed to double-digit growth in the brokerage’s construction division in the fourth quarter, they said during a call with analysts to discuss financial results. Several insurers and brokers, including Aon, FM and Marsh, recently announced significant increases in data center insurance capacity. Construction of the facilities has ballooned with the advent of generative artificial intelligence and other technologies. “While we’re still in the very early days of this generational opportunity with data centers, we have some exciting winds under our belt,” said Aon President and CEO Greg Case. Aon’s reinsurance brokerage unit placed a $5 billion treaty for an insurer’s data center business, he said. Aon reported fourth-quarter revenue of $4.3 billion, a 3.7% increase over the same period last year and up 5% on an organic basis, which excludes the effects of mergers and acquisitions and foreign currency fluctuations. In its main insurance brokerage business, commercial risk solutions, Aon reported $2.33 billion in revenue, a 6.5% increase over the same period last year and up 6% on an organic basis. Its reinsurance brokerage division reported $379 million in revenue, up 8% compared with last year’s period and 8% organically. Property reinsurance rates fell 15% to 20% at Jan. 1 renewals, said Edmund Reese, Aon’s chief financial officer. “Even with this market headwind, we continue to expect full-year 2026 organic revenue growth in line with our mid-single-digit or greater objective,” he said. Reinsurance revenue growth will be fueled by cedents buying higher limits, increased purchases of international facultative coverage and insurance-linked securities, and increased demand for analytics services, Mr. Reese said. Health and benefits revenue increased 3.4% to $1.11 billion, up 2% organically, while wealth management and investment advisory revenue decreased 9.6% to $490 million, up 2% on an organic basis. Aon sold the majority of NFP’s wealth management business last year after buying the middle-market brokerage for $13.4 billion in 2024. Aon reported a $1.7 billion in net income for the quarter, more than double its profit for the same period in 2024. For the full year, Aon reported revenue of $17.18 billion, a 9.4% increase over 2024 and a 6% increase on an organic basis. It reported $3.75 billion in net income, a 37.9% increase. 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