Alexander & Alexander Services Inc.

This New York-based consulting company, reflecting a charge of $75.6 million, reported yesterday a fourth-quarter loss of $35.2 million, or 86 cents a share. The charge relates to the restructuring of insurance brokering operations and other non-recurring expenses.

Excluding the charge, net income for the last quarter of 1991 was $13.0 million, or 32 cents a share. For 1991, the company reported a net loss of $12.6 million, or 31 cents a share.

Three months ending 12/31/91

.. .. .. .. .. .. ..Revenue.. .. .. Net.. .. .. .. ..Share

'91.. .. .. .. .. ..360,300,000.. ..(35,200,000).. ..(.86)

.. .. .. .. ..354,900,000.. ..20,000,000.. .. ..49

% change.. .. .. .. .. .. +1.5.. .. .. .. --.. .. .. . --

Twelve months ending 12/31/91

.. .. .. .. .. .. ..Revenue.. .. .. Net.. .. .. .. .. Share

'91.. .. .. .. .. .1,369,400,000.. .(12,600,000).. ..(.31)

.. .. .. .. .1,338,400,000.. .54,900,000.. .. .1.35

% change.. .. .. .. .. .. .. +2.3.. .. .. .. .--.. .. .. .--