24 July 2018Insurance

Brown & Brown Q2 organic revenues up 5.2%

US-based re/insurance broker Brown & Brown has increased organic revenue by 5.2 percent year on year in the second quarter of 2018 to $472.7 million on an adjusted basis and excluding a new revenue standard.

Total revenues in the second quarter were up 7.3 percent year on year at $500.3 million on the same basis.

Commissions and fees increased to $455.5 million from $449.8 million over the period.

"Our business continues to perform well, and we are pleased with our strong organic growth and our new acquisitions for this quarter and year to date," said CEO J. Powell Brown.

Get all the latest re/insurance industry news with our daily newsletter -  sign up here.

More of today's news

Tokio Marine, Intact lead $90m investment in insurtech MetroMile

RMS appoints new chief financial officer

New ILS structure to combine fund, insurance element

Assured Guaranty sues over Puerto Rico oversight board appointments

Tokio Marine hires Chubb surety head in Europe

Willis Towers Watson bolsters France fac reinsurance hub

Don't miss our insurtech email newsletter - sign up today

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Insurance
22 December 2025   Brokerage complaints spin tawdry tales to frame defections as low-rent theft & espionage.
Insurance
19 December 2025   Stable coverage keeps insureds with incumbents, ‘limiting new business opportunities’.
Insurance
19 December 2025   If profits slip too far, insurers may cut coverage, hike premiums, squeezing affordability.