AJ Gallagher
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Sources said that the executive will join the reinsurance brokerage next year, after his garden leave expires. -
Bonnet has spent more than four years at WTW in increasingly senior roles.
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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 facility provides coverage for property, terrorism, energy, construction and utilities risks.
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Though wildfire losses are up, total losses are the lowest since 2015.
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Shared and layered accounts are seen as reaping the biggest benefits.
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Insurer results and 1.1 reinsurance renewals will shape the trajectory of 2026.
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As both carriers and reinsurers deal with softening markets, all eyes are on hurricane-prone areas.
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The executive will officially start in mid-November.
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Lockton Re has predicted major growth in the global cyber insurance market.
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The deal’s benefits headlined AJG’s investor day presentation.
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The practice group will enhance the company’s existing offerings in E&S.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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CEO Tom Wakefield said property cat supply is “materially outpacing demand”.
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The completion is also good news for Marsh, Aon, WTW and other potential buyers in US retail.
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The broker approved a grant of $316mn in equity awards payable in staggered amounts over the coming five years.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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More investment in early stage firms is an indicator of bullish market, says Gallagher’s Johnston.
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Not everyone will emerge unscathed as brokers navigate the slow-growth environment.
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The risk of cyber incidents that cause physical damage is also rising.
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AJ Gallagher has responded to a request for additional information under the HSR filing.
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The Insurance Insider US news team runs you through the earnings results for the day.
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Brown & Brown fell 10% and Ryan Specialty 8% as investors digest the deteriorating outlook.
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The executive left Lockton Re in June after almost six years.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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Succession, heavyweight M&A and expanding beyond its core will all test the broker.
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The broker has emerged as the emphatic winner of the supercycle, but new tests are coming.
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The US accounted for 92% of all global insured losses for the period.
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Apax and Carlyle will continue to back the broker consolidator.
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The broker’s fac reinsurance division will encompass around 70 staff, it is understood.
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The soft market continued through H1 2025, especially on shared programs.
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Cedants were able to “challenge the status quo” with aggregates back on the table, the broker said.
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The broker built out Lockton Re’s US casualty and professional lines treaty book.
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He joined RPS in 1999 after a year-long stint as regional manager of Executive Risk.
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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 merger is on track to close in H2 2025, CEO Pat Gallagher said.
