A.M.BestTV: Global Broker Rankings See Shift Near Top

OLDWICK, N.J.--(BUSINESS WIRE)-- This A.M.BestTV episode examines Best’s Review’s annual ranking of global brokers, which shows a change at the top of the list, as Arthur J. Gallagher & Co. has moved up to the third position, based on revenues. However, that may be short-lived, since the Willis Group and Towers Watson recently announced their merger, which will give the new company combined estimated revenue of $8 billion. Click on http://www.ambest.com/v.asp?v=brokers715 to view the video program.

Executive editor of Best’s Review, Patricia Vowinkel, explains how the list is created. “The list is of the top global insurance brokers and is based on 2014 results by total revenue. Each spring, A.M. Best reaches out to brokers requesting them to provide us with their financial information, which we then verify and publish. ”

Analysis accompanying the list also looks at what is driving the insurance broker industry. “A.M. Best sees three things driving this industry: offers of multiple services, a company’s size and its global reach (which recently has become very important) and brokers empathizing their actuarial, advisory and benefits management abilities,” added Vowinkel.

Other people who appear in this episode include:

Patrick Gallagher, president and chief executive officer at Arthur J. Gallagher & Co.

The complete listing of the Top 20 Global Brokers can be found in the July issue of Best’s Review or by visiting http://www.bestreview.com.

Recent episodes of A.M.BestTV include:

• In Europe, Low Rates A ‘Double-Edged Sword’: Managing Director of Analytics Stefan Holzberger explains how the low interest rate environment is creating refinancing opportunities but also is producing mismatched portfolios with depressed investment returns: http://www.ambest.com/v.asp?v=fmeurorates715.

• British European Union Exit Could Hit the U.K. Insurance Industry: Director of Analytics Catherine Thomas speaks about how the city’s standing as a key global insurance center would be diminished if the United Kingdom were to exit the European Union: http://www.ambest.com/v.asp?v=fmeuexit715.

• European Insurers Ramp Up Capital Market Activity: Managing Director of Analytics Stefan Holzberger speaks about how market conditions and the looming start of Solvency II have prompted European insurers to increasingly tap the capital markets: http://www.ambest.com/v.asp?v=fmeurodebt715.
• London Market Competition Intensifies: Director of Analytics Catherine Thomas speaks about how traditional business models in the London market are threatened by changing market dynamics and economic uncertainty: http://www.ambest.com/v.asp?v=fmlondon715.

A.M.BestTV covers exclusive A.M. Best information and reports, targeted topics and key developments in the (re)insurance industry every Monday, Wednesday and Friday. Sign up for alerts of episodes at http://www.ambest.com/multimedia/ambtvsignup.html. View A.M.BestTV episodes at http://www.ambest.tv.

A.M. Best Company is the world’s oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com.

Copyright © 2015 by A.M. Best Company, Inc. ALL RIGHTS RESERVED.

View source version on businesswire.com: http://www.businesswire.com/news/home/20150713005998/en/

A.M. Best Co.
Lee McDonald
Group Vice President, Publication and News Services
(908) 439-2200, ext. 5561
[email protected]

Source: A.M. Best Co.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• TDS drops bid for Array Digital Infrastructure minority shares
• Glen Eagle Resources signs option deal for Ontario silver mine
• S&P Global completes acquisition of datacenterHawk