NEW YORK (Reuters) - Marsh & McLennan Cos Inc , one of the world's largest insurance brokers, said net income fell 6 percent in the fourth quarter, but adjusted earnings beat Wall Street expectations.
Net income was $80 million, or 15 cents a share, down from $85 million, or 16 cents per share, a year earlier, the company said on Wednesday.
Excluding discountinued operations, earnings rose 54 percent to 37 cents a share, topping analysts' average forecast by 5 cents, according to Reuters Estimates.
The New York-based company, which competes with Aon Corp
Marsh & McLennan shares were up 3 percent to $19.25 in premarket trading. The stock is down nearly a third over the past 12 months.
(Reporting by Lilla Zuill, editing by Maureen Bavdek and John Wallace)
