US broking giant acquires Gallagher Re business
Aon has acquired Gallagher Re’s US and UK businesses for more than $30m (£15.3m).
The broker said it had “signed definitive agreements to acquire substantially all of Gallagher Re’s US and UK reinsurance brokerage business”.
The agreement includes an initial payment of around $30m in cash and an additional payment for revenues generated in the 12 months following the close of the transaction.
The UK portion of the transaction will be finalised when all regulatory requirements are met.
A team of industry professionals from Gallagher Re, based in the US and UK, will join Aon Re Global.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
