Arthur J. Gallagher buys Ornella Underwriting for undisclosed terms
Pen Underwriting, a specialist underwriting subsidiary of Arthur J. Gallagher & Co. (AJG), acquired Ornella Underwriting Limited in Wexford, Ireland. The financial terms were not disclosed.
WASHINGTON (dpa-AFX) - On Wednesday, Arthur J. Gallagher & Co. said its specialist underwriting subsidiary, Pen Underwriting, has acquired Ornella Underwriting Limited, an underwriting company based in Wexford, Ireland. The financial terms of the transaction were not disclosed.