Aon underwriting result hit by costs
Aon Corporation recorded a 9% increase in consolidated revenues to $2.6bn for the first quarter of 2004 compared to the same period last year. The company said that although its insurance underwriting results were negatively influenced by increased costs, margins are targeted to improve in future quarters.
The company said that three of the four non-core claims businesses in the UK’s risk and insurance brokerage services segment placed into discontinued operations in the first quarter were sold in theOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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