NYSE-listed insurance brokerage Arthur J Gallagher buys RMA General

NYSE-listed insurance brokerage Arthur J Gallagher buys RMA General
Gallagher NZ retail brokerage head Carl O'Shea will lead RMA. (Image: Gallagher)
John Anthony
New Zealand financial services firm RMA General has been acquired by New York Stock Exchange-listed insurance brokerage Arthur J Gallagher & Co for an undisclosed sum.Founded in 1927, Gallagher employs about 56,000 people across 130 countries. Based in Rolling Meadows, Illinois, it has a market cap of US$86 billion (NZ$150b).Gallagher announced the acquisition of RMA and its insurance broking businesses this week, though terms were not disclosed.Client-focused culture RMA offers commercial, personal and tailored life and health insuran...

More Markets

Mainland Group sale expected to settle in the first quarter
Primary Sector

Mainland Group sale expected to settle in the first quarter

The Fonterra deal had been tipped to go through in the first half of this year.

Fletcher's decades of costly missteps
Opinion

Stock & Trade: Fletcher's decades of costly missteps

Can Fletcher finally break its billion-dollar cycle of blunders and write-downs?

Increased Chinese marriages, more babies expected
Primary Sector

Increased Chinese marriages, more babies expected

The birth rate in the People's Republic of China fell to a record low.

NZ sharemarket up over 1% after Greenland 'solution'
Markets Market Close

NZ sharemarket up over 1% after Greenland 'solution'

The S&P/NZX 50 Index closed at 13,556.87, up 139.70 points or 1.04%.

Graham Skellern 22 Jan 2026