Reinsurance News

Arthur J. Gallagher & Co

Arthur J. Gallagher acquires IBS Re Singapore, takes stake in Indonesian broker

3rd December 2018

Arthur J. Gallagher & Co., the U.S. global insurance brokerage and risk management services firm, has acquired 100% of reinsurance broker IBS Re Singapore, in addition to taking a 40% stake in Indonesian broker PT IBS Insurance Broking Service. Based in Jakarta, PT IBS Insurance Broking Service has revenues of over ... Read the full article

Arthur J. Gallagher & Co. acquires The Jack Nebel Companies, Inc.

18th July 2018

U.S. global insurance brokerage and risk management services firm, Arthur J. Gallagher & Co., has announced the acquisition of wholesale commercial insurance broker and MGA, The Jack Nebel Companies, Inc. Based in North Barrington, Illinois, Jack Nebel serves independent retail agents and brokers across the Midwestern United States. The firm offers a ... Read the full article

Chilton to step down as Gallagher UK CEO, Matson to replace

18th June 2018

Insurance and reinsurance broker Arthur J. Gallagher & Co. (Gallagher) has announced that head of its UK-based brokerage and underwriting unit, Grahame Chilton, is to step down from his role as Chief Executive Officer (CEO) later in 2018, and will be replaced by Simon Matson. Matson is currently the head of ... Read the full article

Thomas Costello Insurance Agency acquired by Arthur J. Gallagher & Co.

31st May 2018

U.S. global insurance brokerage and risk management services firm Arthur J. Gallagher & Co. has announced the acquisition of California-based Thomas Costello Insurance Agency. Terms of the transaction were not disclosed. The deal sees Arthur J. Gallagher & Co. acquire a 1990-founded retail property/casualty broker, and employee benefits consultant and broker, ... Read the full article