AJ Gallagher
-
Competition for specialty reinsurance talent remains high. -
The California broker’s pro forma revenue for full year 2024 was $268mn.
-
Gallagher paid out $1.7bn in 2024, additional to its costs for AssuredPartners.
-
The broker attributed the drop to smaller average deal sizes over the quarter.
-
Company-specific strategies will play a vital role in sustaining growth in the current market.
-
AJ Gallagher expects to complete the $13.5bn acquisition of AssuredPartners in Q1.
-
The Insurance Insider US news team runs you through the earnings results for the day.
-
Bradley was construction team leader for US casualty at WTW.
-
The anticipated portion ceded to reinsurance may reach the mid-to-high single-digit billions, it added.
-
The broker cautioned unresolved Russia-Ukraine claims remain a ‘Black Swan’
-
But forecasts of slowing growth in recent years have been too pessimistic – and uncertainty remains.
-
Supply generally exceeded demand and trading relationships were strong, CEO Tom Wakefield said.
