Broking profits soar at Gallagher in 2017

A J Gallagher chief executive Patrick Gallagher

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

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