AJG: Ex-Willis Re unit posts ~8% organic growth and 50.9% Ebitdac margin in Q1

Arthur J Gallagher (AJG)’s chairman, president and CEO Pat Gallagher has praised the “amazing” level of client retention and new business from the recently acquired former Willis Re reinsurance broking platform, with the operation having generated $337mn of revenues and an Ebitdac margin of 50.9 percent in Q1 2022.