Despite a slight drop in revenue, Aon brokerage reported it increased its 2005 fourth-quarter net income 177 percent through improved operations and a dramatic reduction in settlement costs.
Compared with the 2004 period, fourth-quarter net income increased $143 million, from $81 million, or 24 cents a share, to $224 million, or 65 cents a share in 2005.
Revenues decreased 3 percent, or $70 million, from $2.6 billion in 2004 to $2.53 billion.
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