Gallagher posts rising brokerage revenues for 2020
Europe, Middle East and Asia CEO Simon Matson says the UK business achieved organic growth of 5% in 2020.
Gallagher has reported a rise in revenue for its brokerage segment to $5.17bn (£3.77bn) for the full year 2020, up from $4.90 in 2019.
Profit for this division also increased to $866.0m (2019: $717.3m) while adjusted Ebitdac rose to $1.69bn (2019: $1.38bn).
Revenue in Gallagher’s risk management division fell slightly to $821.7m in 2020 from $838.5m in 2019. Total revenue for the whole business dropped to $6.85bn (2019: $7.06bn).
The results document showed that Gallagher completed a total of
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