Hub International: Earnings Up 319%
NU Online News Service, Aug. 9, 3:20 p.m. EST?Insurance broker Hub International reported a second-quarter income jump of 319 percent over 2001, fueled by the firm's acquisition strategy and an increase in commission income.
The Chicago and Toronto, Canada- based company reported that net income for the second quarter, ending June 30 of this year, was $10.7 million. This is compared to $2.6 million for the second quarter of 2001, an increase of $8.1 million.
Continue Reading for Free
Register and gain access to:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.