AJ Gallagher
-
Insurance Insider US’s morning summary of the key stories to get you up to speed fast. -
The broker said dynamics were dependent on full-year results, after years of poor returns.
-
The senior retro/specialty broker spent 26 years at Willis Re, which was acquired by Gallagher in 2021.
-
Broker and commercial carrier trends separate as inflation slows but rates stay elevated.
-
The transaction follows the acquisition of Candence Insurance for over $900mn and Eastern Insurance for $510mn.
-
Increased private investments by (re)insurers have been a “theme of the year” according to Johnston, who described the year as “one of consistency.”
-
The economic losses from the event are expected to exceed $10bn, the report added.
-
Inside P&C’s morning summary of the key stories to get you up to speed fast.
-
The unit almost doubled its organic growth rate from 11% in Q2, while in Q1 the division posted 12% organic growth.
-
Excluding both pending acquisitions, Gallagher has around 45 term sheets signed or being prepared, representing more than $450mn of annualized revenue.
-
AJ Gallagher posts 10.5% Q3 organic growth, lower sequentially but up year-on-year
-
Pat Gallagher, who previously held the role of president since 1990, has “no plans to retire” and will remain as chairman and CEO.
Related
-
Agency deal roundup: MMA, WTW, AJG, Amwins, IMA and more
April 04, 2025 -
Cyber market should ‘invest for hard-market turn’: Wakefield
April 03, 2025