New business generation of over $220 million across our Retail Business, with strong growth across many markets including China, Latin America, Italy and New Zealand, just to name a few, highlighting the strength of our global client-serving capability. Investments in new product and service capabilities with the rollout of GRIP and Aon Broking globally and in our core treaty reinsurance business, net new business trends have not been positive for 4 consecutive quarters.Reflecting on the individual businesses, in the Americas, organic revenue growth improved to 4% as the impact in pricing and exposures are relatively flat, reflecting the continued modest pace of improvement from a year ago. We saw strong management of the renewal book portfolio across all regions, strengthened by the continued rollout of Client Promise. We saw solid new business growth in Latin America. Results reflect strong performance, overcoming continued market weakness in the commercial construction sector.
Aon's CEO Discusses Q1 2012 Results - Earnings Call Transcript
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