AJ Gallagher
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The Insurance Insider US news team runs you through this week’s key agency M&A. -
The merger is on track to close in H2 2025, CEO Pat Gallagher said.
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SCS can no longer be considered a "secondary" peril for the US insurance market, Steve Bowen said.
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Sources suggested that the multiple could be as low as the 13x range as valuations reset.
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Q1 was the ninth consecutive quarter of below-average deal volume.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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The firm also reported it paid $82.8mn for Brazilian brokerage Case Group.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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The Insurance Insider US news team runs you through the earnings results for the day.
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SCS losses were also above average in Q1 due to “lingering” La Niña conditions.
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Technical pricing is insufficient in some areas and inflation is biting into margins.
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The deal had HSR approval and was waiting on approval from the UK.
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