Hard Market Boosts Broker Results
Soaring premiums and rising fee-for-service opportunities make it a good time to be a major insurance brokerage, but problems unique to each of the big three brokers put a drag on earnings in the second quarter, analysts note.
At Aon, accounting questions and reconsideration of a plan to spin off the brokers insurance company unit caused investors to sell off the firms stock after it made its second-quarter earnings announcement earlier this month.
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