Gallagher posts 8% revenue rise

up-arrows-green

Broker also reports increase in net earnings for its broker segment in the first half of 2016.

Arthur J Gallagher has reported net earnings of $180.8m (£137.4m) in its brokerage segment according to its financial results for the first six months of 2016.

This is a 28% rise compared to the $140.9m net earnings it posted for the first half of last year.

According to the results, the broker's revenues for the six month period were $1.76bn, which is an 8% increase from last year's $1.64bn.

Its adjusted Ebitdac came in at $475.7m (H1 2015: $422.3m).

Profitability
Commenting on the company's

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

AUB reports Momentum and Movo deal costs

Sydney-headquartered AUB Group has revealed the costs of snapping up 40% of appointed representatives network Momentum Broker Solutions and 80% of fellow AR offering Movo Group last year, and promised more deals to come.

Most read articles loading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: