Aon Anticipates Losses In 4Q

NU Online News Service, Jan. 16, 12:14 p.m. EST?Chicago-based insurance broker Aon said today it expects to report significant losses in its fourth quarter report due to reduced valuations.

In a statement, Aon said the company expects to report "approximately $70 million" loss for the fourth quarter of 2001 compared to a $6 million loss in 2000.

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