Arthur J. Gallagher & Co.

Strong First Quarter Performance: Arthur J. Gallagher & Company reported a 14% growth in revenue and a 9% organic growth rate for the combined Brokerage and Risk Management segments. The adjusted EBITDAC margin improved by 338 basis points year-over-year to 41.1%, with adjusted EBITDAC growing 26%. This marks the 20th consecutive quarter of double-digit growth.

Mixed Pricing Trends: The global property and casualty (P&C) insurance market showed mixed pricing dynamics. Smaller to midsize accounts (under $100,000 revenue) saw renewal premiums increase by 5%, while large accounts (over $100,000 revenue) experienced minimal growth of 1%. This divergence highlights the challenges large accounts face in the current environment, particularly in property lines where premiums fell by 2%.

Robust Growth in Reinsurance: The reinsurance segment delivered outstanding results with a 20% organic growth, mainly driven by new business wins representing over half of the growth. This strong performance reflects Gallagher Re's successful integration and collaboration within the broader company structure.