Gallagher posts ‘excellent’ results and eyes UK M&A

Simon Matson

The broker’s bottom line was helped by a tightening of expenditure

Arthur J Gallagher achieved ‘excellent’ results in the second quarter, despite the economic fallout from Covid, according to chief executive Pat Gallagher.

The Chicago-based firm’s results rose across all areas (see graph below), as the group was lifted by rates across property and casualty rising to the mid-to-high single digits.

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