AJ Gallagher
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The broker's quarterly investor day presented an optimistic growth and margin expansion outlook for the remainder of the year and 2022.
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Pressure on Root cools following stock price dips, but persistent short interest in InsurTechs suggests that prices haven’t bottomed out yet.
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A complex web of factors are creating uncertainty around the likely insured loss, but much early discussion centers on a $20bn-$25bn range.
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The two brokers have also agreed to non-solicitation clauses in their new deal.
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The executive also praised Willis Re's management team for pushing for the best outcome for clients.
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The broker has explained the rationale for its $3.25bn acquisition of Willis Re on an investor call.
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After the collapse of the Aon-Willis merger, Gallagher has successfully resurrected the deal that will catapult its reinsurance operation into the big league.
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AJ Gallagher turns working partnership with Turkey’s Brokers’ House into ownership stake.
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AJ Gallagher is on the cusp of a deal to acquire Willis Re, and the transaction is likely to be announced imminently, this publication can reveal.
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Owning a sizeable reinsurance broker offers the parent benefits that go well beyond the unit itself.
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RJ Riordan & Co is a retail property/casualty broker that specializes in the construction and transportation industries in the Chicago region.
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The investment bank said a transaction would stabilise employee retention at Willis Re and allow Willis to pursue buybacks.
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