NU Online News Service, April 4, 3:00 p.m. EDT

Marsh & McLennan Companies reported first-quarter net income rose 41 percent over the period last year as its business segments controlled costs and benefited from economic improvement.

The New York-based services company, and parent company of insurance broker Marsh and reinsurance broker Guy Carpenter, reported net income rose $72 million to $248 million, an increase of 12 cents a share to 45 cents. Revenues rose 7 percent, or $186 million, to $2.8 billion.

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