Arthur J. Gallagher completed the acquisition of a minority stake in Edelweiss Insurance from Edelweiss Group.

Arthur J. Gallagher completed the acquisition of a minority stake in Edelweiss Insurance Brokers Limited (EIBL), a wholly-owned subsidiary of Edelweiss Group, India's leading diversified financial services conglomerate. Financial terms were not disclosed. EIBL is a fast-growing corporate insurance broker offering general insurance solutions to institutional as well as individual clients across India, and is well-positioned to leverage the distribution networks of its parent group. "EIBL presents an exciting opportunity to expand Gallagher's commercial insurance footprint in India, in keeping with our growth strategy to invest in market-leading businesses that broaden our specialist capabilities and diversify our geographic presence," J. Patrick Gallagher, Arthur J. Gallagher Chairman, President, and CEO.