AJG · 10-Q · 2026Q2 · Full report

Brokerage Organic Growth

Arthur J. Gallagher & Co. · 2026-08-05 · Importance 43 · Surprise 32 · From source text

Base commissions and fees increased 4% organically in both the second quarter and first six months of 2026. Six-month organic growth reflected strong customer retention and new business generation, together with continued renewal premium increases driven by both premium rates and exposures. Total organic commissions, fees, supplemental revenues and contingent revenues increased 5% for the six-month period, with organic supplemental revenues up 18% and organic contingent revenues down 2%. Growth was measured across Gallagher’s retail, wholesale and reinsurance brokerage operations.

Key facts

• Brokerage organic total commissions, fees, supplemental and contingent revenues for the three-month period ended June 30, 2026: $2,596 million; for same period 2025: $2,482 million; organic change: 5%. source
• Brokerage organic total commissions, fees, supplemental and contingent revenues for the six-month period ended June 30, 2026: $5,804 million; for same period 2025: $5,549 million; organic change: 5%. source
• In our risk management operations, during the three and six-month periods ended June 30, 2026, organic change in fee revenue was 12% and 11%, respectively. source
• Items excluded from organic fee computations include fees from acquisitions, divestitures and other of (11) for the three-month period and (24) for the six-month period (in millions). source

Impact estimates