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Ardonagh Group reports 30% rise in income

Posted On: Mar. 24, 2023 9:52 AM CST


U.K.-based insurance broker The Ardonagh Group Ltd.’s income increased by 30% year-on-year to $1.5 billion in 2022, Reinsurance News reported. The broker has completed 39 acquisition deals since the start of 2022. It continued to focus on diversifying across products and markets, particularly in specialty and international, which accounted for more than 45% of the group income.