Aon Corporation today reported first quarter net income of $200m (£104m), an 18% increase from the first...

Aon Corporation today reported first quarter net income of $200m (£104m), an 18% increase from the first quarter of 2004.

Revenue from risk and brokerage services in the first quarter declined by 4% to $1.4bn (£0.7bn).

Insurance underwriting revenue increased by 1% to $789m (£411m).

Gregory Case, Aon's president and chief executive, said: “I am encouraged that Aon achieved improved results in the first quarter despite a difficult revenue environment in the insurance brokerage and human resources consulting industries and despite our decision to eliminate contingent commissions last year.”

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