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Aon profit rises as margin improves in human resource business
February 1, 2013 / 11:57 AM / 5 years ago

Aon profit rises as margin improves in human resource business

(Reuters) - Aon Plc (AON.N), the world’s largest insurance broker, reported a higher quarterly profit as margin pressures eased at its human resource business.

The US Bank Tower and the AON Corporation building are pictured as part of the Los Angeles, California skyline February 9, 2012. REUTERS/Fred Prouser

Net income rose to $305 million, or 93 cents per share, in the fourth quarter, from $277 million, or 67 cents per share, a year earlier.

Excluding items, which includes investment loss or gains, the company earned $1.27 per share.

Total revenue rose 4 percent $3.1 million.

Analysts on average had expected earnings of $1.26 per share on revenue of $3.07 billion, according to Thomson Reuters I/B/E/S.

Reporting by Avik Das in Bangalore

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