Arthur J. Gallagher & Co. has announced that it has increased its interest in Capsicum Reinsurance Brokers LLP to 100% from the previous 33%, effective January 1st, 2020. Grahame Chilton and Rupert Swallow founded Capsicum Re in December 2013 through a strategic partnership with Gallagher. Since then, the firm has grown to become the 5th… Continue reading AJ Gallagher Takes 100% Ownership of Capsicum Re
Tag: Capsicum Re
Arthur J. Gallagher to Buy 100% Stake in Capsicum Re
American brokerage firm Arthur J. Gallagher has signed an agreement to acquire the remaining 80% ownership stake in London-based Capsicum Re. Gallagher, which already owns 20% stake in Capsicum Re, will assume full ownership following completion of the acquisition. In 2013, Capsicum Re was founded by Grahame Chilton and Rupert Swallow as a joint venture… Continue reading Arthur J. Gallagher to Buy 100% Stake in Capsicum Re