Arthur J. Gallagher has revealed an 18% jump in profits to $415.9m [£292.3m] from its broking division in 2017.
The global consolidator reported that broking revenue rose by 9% to $3.83bn (2016: $3.53bn).
Likewise the figures for the final three months of the year also showed significant increases.
Profit came in at $97.8m for the quarter (Q4 2016: $79.1m) as revenue totalled $1bn (Q4 2016: $886m).
For the company as a whole including the risk management and corporate segments the full year
- Marsh & McLennan buys JLT in $5.6bn deal
- Brokers see opportunity in MMC’s JLT takeover
- MMC confirms up to 3,750 jobs in danger from JLT takeover
- Premium Credit explains taking system offline
- MMC boss Dan Glaser lifts the lid on the 11 day JLT deal
- Ex broker jailed for £140,000 fraud
- Gallagher and Ardonagh in legal dispute