Brown & Brown organic revenue falls continue in Q3
New York-listed broker Brown & Brown reported that organic revenues had fallen by 2.4 percent in its third quarter results.
Factoring in revenues brought into the group by a continuing stream of bolt-on acquisitions, Brown & Brown increased headline revenues by 5.2 percent to $257mn in the three months to 30 September.
Brown & Brown has continued to report falling organic revenues in recent quarters while its broking peers have enjoyed a return to organic growth on the back of...
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