AJ Gallagher
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Technical pricing is insufficient in some areas and inflation is biting into margins. -
The deal had HSR approval and was waiting on approval from the UK.
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The book of business comprises both personal and commercial lines.
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Despite wildfires, reinsurers are “well positioned to maintain strong profitability in 2025”.
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The executive was most recently chief revenue officer at Aon.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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The Gallagher Re executive called on the market to “prepare to grow sustainably together”.
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Overall market capacity increased by 5.3% year-on-year, the broker reported.
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The March 13-16 storms would mark the first billion-dollar US SCS event of the year.
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Gallagher already has HSR approval for the $1.2bn Woodruff Sawyer acquisition.
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Dickerson has spent over three years at the reinsurance broker.
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The company said it now expects the transaction to close in H2 2025.
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