Marsh Profits Flat

NU Online News Service, April 22, 11:55 a.m. EDT?Insurance broker Marsh said first-quarter net income increased 1 percent, or $3 million, going from $443 million, or 81 cents a share, to $446 million, or 83 cents a share.[@@]

Marsh, a subsidiary of New York-based Marsh & McLennan Companies Inc., reported first-quarter revenues increased 12.5 percent to $2 billion, a $221 million increase from the $1.8 billion recorded in the first quarter of 2003.

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