Profits and revenues rise at Gallaghers
Arthur J Gallagher has reported a group increase in profits to $93.5m [£61.4m] for the second quarter of 2013, from $71.7m in the same period of 2012.
The company, recently linked with a takeover of Giles, also declared that for the half year profits rose to $134m (H1 2012: $99.8m).
Total revenues were up by 15% for the quarter and by 16% for the half year to $704.2m and $1.31bn respectively.
Brokerage
The business did not provide a breakdown for the UK, however in the brokerage division profits and revenue were up across the second quarter and half year results.
Profits for this sector came in at $68.5m for the quarter (Q2 2012: $57m) and at
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