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Merger and acquisition activity for insurance brokers remained busy through the month of June as Arthur J. Gallagher led the way announcing three acquisitions.
Marsh, a wholly owned subsidiary of Marsh & McLennan Cos., says it has acquired Cosmos Services (America) Inc., the U.S. insurance-brokerage subsidiary of global trading...
Two major insurance brokers, Marsh and Hub announced they have made acquisitions this week with Marsh acquiring Cosmos Services and Hub acquiring Signature Insurance.
Higher non-catastrophe weather-related losses and higher-than-expected losses associated with auto bodily injury weighed on results.