Financial results also show that revenue grew 10.2% at Marsh in 2019.
Profit for the broking segment grew by 25%.
The settlement relates to a team move with 47 staff moving from JLT Specialty to Hyperion.
The CEO of UK retail at Gallagher tells Insurance Age his highlights of 2019.
Brent Kruger will replace Steve O'Donnell, who left the business in August.
The $5.6bn deal completed on 1 April this year as the business flags a flat EMEA performance.
Purchase will mean JLT's 250-person global aerospace team will be transferred to Gallagher.
Siân Barton and Ida Axling discuss the most popular news pieces from the past five days.
Deal was approved by the European Commission last week.
Test your knowledge of the week's news with our topical quiz.
The Gallagher vs. Ardonagh trial has borne several highly read stories this week with acquisitions and people moves also catching the interest of Insurance Age readers.
Product will include business interruption and privacy related exposures that have resulted from a cyber attack.
Purchase has been approved by the European Commission.
The move, the second debt raise this week, is to fund its acquisition of JLT.
The money will be used to fund its JLT acquisition, related fees and expenses, and to repay JLT debts.
The businesses emphasised that the talks were in a preliminary stage.
The global deal affects the UK with 100 London Market employees joining Gallagher.
But broker reveals pre-tax profit fall due to transaction costs related to $5.6bn takeover by Marsh & McLennan Companies.
Global giant’s revenue rises 6.6%.
Ida Axling hosts the first show of 2019.
Six tranches of bonds the longest dated for 2049.
As the cold weather settled in brokers clicked on an unrated Danish insurer going bust, RSA redundancies and Brexit.
Broker announces a slew of management appointments in its regional, specialty and placement teams.
As the sweltering heat continued into September brokers saw opportunities in Marsh's JLT deal and were also interested in Ardonagh buying Swinton and RSA's shock profit warning.