Hub International: Earnings Up 319%

NU Online News Service, Aug. 9, 3:20 p.m.EST?Insurance broker Hub International reported asecond-quarter income jump of 319 percent over 2001, fueled by thefirm's acquisition strategy and an increase in commissionincome.

The Chicago and Toronto, Canada- based company reported that netincome for the second quarter, ending June 30 of this year, was$10.7 million. This is compared to $2.6 million for the secondquarter of 2001, an increase of $8.1 million.

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.