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Aon revenue dips 3.9% in second quarter

By: Donna Mahoney

Published July 31, 2015 - 12:07pm CST

Aon P.L.C.'s s second-quarter 2015 revenue decreased 3.9% to $2.81 billion, due in part to unfavorable foreign currency translation, the brokerage reported Friday.

Broker, agency join to service alternative reinsurance market

By: Donna Mahoney

Published July 30, 2015 - 4:12pm CST

Vanbridge Holdings L.L.C., a New York insurance broker, and Atlas General Holdings, a San Diego insurance agency, have entered a strategic partnership targeting the traditional and alternative reinsurance sector.

Commercial insurance premium rates continue to drop

By: Donna Mahoney

Published July 29, 2015 - 3:07pm CST

Commercial insurance rates dropped in the second quarter of 2015, according to The Council of Insurance Agents & Brokers' quarterly Commercial P/C Index Survey released Wednesday.

Acquisitions boost Gallagher's second-quarter results

By: Donna Mahoney

Published July 29, 2015 - 2:32pm CST

Arthur J. Gallagher & Co.'s second-quarter 2015 revenue increased 16.3% to $1.37 billion, a reflection of strong organic and acquisition growth, the broker said.

Willis sees revenue dip on lower commissions and fees

By: Sarah Veysey

Published July 29, 2015 - 9:39am CST

Willis Group Holdings P.L.C. reported total revenue of $922 million for the second quarter of 2015, a 1.4% drop from the second quarter of 2014 as revenue from commissions and fees declined.

Jardine Lloyd Thompson sees 6% hike in first-half revenue

By: Sarah Veysey

Published July 28, 2015 - 9:37am CST

Jardine Lloyd Thompson Group P.L.C. posted revenue of 591.6 million ($917.6 million) for the first six months of 2015, a 6.0% increase compared with the first half of last year, the London-based brokerage said Tuesday.

West African brokerage joins Worldwide Broker Network

By: Joyce Famakinwa

Published July 24, 2015 - 3:54pm CST

Worldwide Broker Network said Friday that Lagos, Nigeria-based broker Ark Insurance Brokers Ltd. has joined their network of independent insurance brokerage firms.

Broker acquires independent Connecticut agency

By: Joyce Famakinwa

Published July 22, 2015 - 3:21pm CST

AssuredPartners Inc. on Wednesday said it has acquired Torrington, Connecticut-based independent insurance agency Founders Insurance Group Inc.

Brown & Brown revenue up 5.4% in second quarter

By: Mark A. Hofmann

Published July 21, 2015 - 12:48pm CST

Brown & Brown Inc. second-quarter revenue increased 5.4% over those of same period in 2014 to $419.5 million, the Daytona Beach, Florida-based broker said.

Insurer mergers and acquisitions expected to continue

By: Mark A. Hofmann

Published July 20, 2015 - 11:24am CST

Merger and takeover activity is likely to continue in the property/casualty insurance market, according to a report released Monday by A.M. Best Co. Inc.

Insurance broker acquired by private-equity backer

By: Matthew Lerner

Published July 20, 2015 - 11:10am CST

AssuredPartners Inc. will be acquired from GTCR L.L.C. by funds advised by Apax Partners L.L.P., the companies said Monday.

Arthur J. Gallagher acquires 65% interest in Colombian broker

By: Mark A. Hofmann

Published July 20, 2015 - 8:33am CST

Arthur J. Gallagher & Co. on Monday said it has acquired a 65% equity interest in ARM Re Ltda. Corredores de Reaseguros, located in Bogota, Colombia.

Brokers play key role in cover reviews

By: Angelina Villarreal

Published July 19, 2015 - 6:00am CST

Brokers are a key partner when companies examine their insurance coverage.

Broker M&A deals set record pace in first half

By: Timothy J. Cunningham and Daniel P. Menzer

Published July 19, 2015 - 6:00am CST

Private equity-backed buyers again dominated mergers and acquisitions of insurance agents and brokers during the record-setting first half of 2015.

Corporate revamps cut expenses in a soft market

By: Douglas McLeod

Published July 19, 2015 - 6:00am CST

Mergers and insurance pricing cycles are facts of life in the brokerage industry as is corporate restructuring.

Mergers transform the market

By: Mark A. Hofmann

Published July 19, 2015 - 6:00am CST

The commercial insurance brokerage sector saw a steady increase in mergers and acquisitions over the past year as firms continue to position themselves for growth in a soft property/casualty insurance market and extend their capabilities in growth areas, such as benefits.

Brokers expand range, depth with diversification efforts

By: Matthew Lerner

Published July 19, 2015 - 6:00am CST

Insurance brokers continue to diversify where they operate and the products they offer, organically and by acquisition, to remain relevant in a competitive marketplace.

Top insurance brokers: Jardine Lloyd Thompson Group P.L.C.

By: Sarah Veysey

Published July 19, 2015 - 6:00am CST

Jardine Lloyd Thomp-son Group P.L.C.'s 2014 re-entry into the U.S. retail market likely will prove to be a seminal moment in the company's history.

Top insurance brokers: Arthur J. Gallagher & Co.

By: Mark A. Hofmann

Published July 19, 2015 - 6:00am CST

Even for a brokerage known for its strategy of growth by acquisition, 2014 was a banner year for Arthur J. Gallagher & Co.

Top insurance brokers: BB&T Insurance Holdings Inc.

By: Matthew Lerner

Published July 19, 2015 - 6:00am CST

Broker BB&T Insurance Holdings Inc. posted strong organic growth to boost its 2014 revenue while taking advantage of acquisitions made in previous years.

Top insurance brokers: Willis Group Holdings P.L.C.

By: Matt Dunning

Published July 19, 2015 - 6:00am CST

Willis Group Holdings P.L.C. made uneven progress on its multiyear plan to stabilize revenue growth and profitability through last year and this year, but a blockbuster merger this summer has improved the London-based broker's future prospects.

Top insurance brokers: Wells Fargo Insurance Services USA Inc.

By: Shelby Livingston

Published July 19, 2015 - 6:00am CST

Wells Fargo Insurance Services USA Inc. saw its brokerage revenue de-cline last year despite higher gross revenue, as it focused on organic growth and cross-selling insurance to its parent company's banking customers while also divesting portions of its business.

Top insurance brokers: Marsh & McLennan Cos. Inc.

By: Matthew Lerner

Published July 19, 2015 - 6:00am CST

Marsh & McLennan Cos. Inc. remained atop the Business Insurance 2015 ranking of the world's largest insurance brokers, growing its brokerage revenue 5.7% in 2014 to nearly $13 billion.

Top insurance brokers: Lockton Cos. L.L.C.

By: Judy Greenwald

Published July 19, 2015 - 6:00am CST

While other brokers focus on acquisitions, Lockton Cos. L.L.C. keeps its eye on organic growth and the talent that makes organic growth happen.

Top insurance brokers: Hub International Ltd.

By: Stephanie Goldberg

Published July 19, 2015 - 6:00am CST

Hub International Ltd., one of the more acquisitive brokers, plans to continue adding companies to its fold.

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