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
- Bluefin fine – 32 FCA staff directly involved in investigation
- GRP’s purchase prices revealed
- In Person: Head of Marsh Networks David Hopwood
- Ex-Towergate and Aviva boss Mark Hodges joins ReAssure for IPO
- Abbey owners Prestige buy Autoline
- FCA insurance spend rises to £264,587 for 2018/19
- GRP pondering two more regional hubs