AJ Gallagher
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The company said it now expects the transaction to close in H2 2025. -
Competition for specialty reinsurance talent remains high.
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The California broker’s pro forma revenue for full year 2024 was $268mn.
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The broker’s current Australia and Asia CEO starts her new role on 1 July.
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The broker attributed the drop to smaller average deal sizes over the quarter.
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Plus, the latest people moves and all the top news of the week.
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Bolding will focus on aligning Gallagher Securities with Gallagher Re.
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Single-digit organic growth, robust casualty pricing and tapering margins were all key trends.
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The executive spent 43 years with WTW before joining Gallagher through the Willis Re sale.
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Parker has worked at Ardonagh-owned Paragon since 2012.
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The broker added reinsurers remain cautious on US casualty risk.
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