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The board intends to issue a dividend of EUR2.70 per share. -
Bolding will focus on aligning Gallagher Securities with Gallagher Re.
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The company did not take questions on its recently announced business review.
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Brokers and insurers must obtain informed consent from clients for the commissions.
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A new UK CEO for the trade credit insurer will be announced at a later date.
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The carrier disclosed it will book $1.1bn in net losses from the California fires.
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The insurer acknowledged additional claims in 2025 would be “reasonably possible”.
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Reinsurers on portfolios with longer-tail liabilities may withdraw.
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The CMC will categorise cyber events that have a potential financial impact of £100mn+.
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The carrier is likely to exceed its Q1 large-loss budget due to the California wildfires.
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Single-digit organic growth, robust casualty pricing and tapering margins were all key trends.
