BANGALORE (Reuters) - Aon Corp , the world's largest insurance brokerage, reported a larger-than-expected quarterly profit as contributions from recent acquisitions helped offset decline in commissions.
Second-quarter net income attributable to common shareholders was $153 million, or 63 cents a share, compared with $149 million, or 50 cents a share, in the year-ago period.
Excluding items, the company earned 81 cents a share.
Total revenue at the company, which competes with Marsh & McLennan Cos Inc
Analysts on average had expected the company to earn 75 cents a share, excluding items, on revenue of $1.87 billion, according to Thomson Reuters I/B/E/S.
Revenue from insurance brokerage services, which accounts for more than 80 percent of its total revenue, rose 1 percent to $1.59 billion. Consulting unit revenue rose 6 percent to $317 million.
Shares of the company closed at $36.63 Thursday on the New York Stock Exchange.
(Reporting by Supantha Mukherjee in Bangalore; Editing by Gopakumar Warrier.)
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