NU Online News Service, feb. 8, 3:25 p.m. EST

Insurance broker Aon Corp. reported fourth-quarter net income rose $204 million despite the challenges from the continuing soft market and economic recession.

The Chicago-based insurance broker reported fourth-quarter net income of $198 million, or 69 cents a share, compared to net loss of $6 million, or negative 2 cents, for the prior year. Revenues were up 9 percent, or $167 million, to $2.07 billion.

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