February 6, 2012
Global insurance broker and risk management firm Aon Corp. reported that net income rose 19 percent in the fourth quarter 2011 to $277 million and overall revenues increased 3 percent to $3 billion. Fourth quarter operating income decreased 8 percent …
February 6, 2012
The U.S. property/casualty (P/C) industry reported its largest underwriting loss since 2006 and saw its operating performance deteriorate sharply in 2011, as catastrophe-related losses throughout the year wreaked havoc. Insurers were affected by an unprecedented number of natural catastrophe events …
