Insurance Age

Revenues up at Gallagher for H1 2017

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Broker's net earnings and adjusted Ebitdac also rose compared to H1 2016.

Arthur J Gallagher has posted net earnings of $217.6m (£166.2m) in its brokerage segment for the first half of 2017 according to its financial results.

This is compared to the $180.8m it reported for the same period in 2016.

The business further revealed revenues of $1.87bn for H1 2017, which is a six percent increase from the $1.76bn reported for the six months ended 30 June 2016.

Furthermore, the broker reported a 12 percent increase in adjusted Ebitdac to $524.9m (H1 2016: $468.8m).

The

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