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Brokers Report Mixed 3Q Results

Insurance brokers have reported mixed results for 2011s third quarter, with Willis Group Holdings PLC posting an 8 percent decrease in net income; Arthur J. Gallagher posting a 14 percent increase; and Aon Corp. reporting a 38 percent increasebut facing questions from financial analysts over the performance of its consulting...

By Mark E. Ruquet | Updated on November 04, 2011

Insurance brokers have reported mixed results for 2011’s third quarter, with Willis Group Holdings PLC posting an 8 percent decrease in net income; Arthur J. Gallagher posting a 14 percent increase; and Aon Corp. reporting a 38 percent increase—but facing questions from financial analysts over the performance of its consulting unit.

Chicago-based Aon reports its third-quarter net income rose $54 million to $198 million. Revenues jumped 51 percent, or $922 million, to $2.7 billion.

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