Lockton, the world\u2019s largest privately held independent insurance\nbrokerage, reported strong financial results for fiscal year 2026, with\nglobal revenue rising 12% year-over-year to approximately $4.5 billion,\nincluding 11% organic growth. This marks the sixth consecutive year of\ndouble-digit organic growth, underscoring the strength of its client\nrelationships, diversified business model, and long-term investment\nstrategy.<\/p>\n
\u2018Fiscal year 2026 was an exceptional year for Lockton,\u2019 said Ron\nLockton, Chairman and Chief Executive Officer. \u2018Our results are a\ntestament to the trust clients place in us, the quality of our people,\nand the power of our independent, private ownership model. Our structure\nallows us to invest with a long-term perspective, adapt quickly to\nclient and market needs, and continually reinvest in the capabilities,\ninsights, and innovation that help clients navigate an increasingly\ncomplex risk environment.\u2019<\/p>\n
Lockton\u2019s performance was particularly resilient given challenging\nmarket conditions. Global property insurance premiums declined as\ncapacity and competition increased, while US casualty lines continued to\nface pricing pressure and rising claims costs. Despite this, Lockton\u2019s\ndiversified platform delivered balanced growth across regions and\nbusiness segments. Lockton International and Lockton Re each grew\napproximately 15%, while the US business achieved double-digit growth\nfor the eighth consecutive year.<\/p>\n
Lockton\u2019s US operations continued their strong momentum, with revenue\nreaching nearly $3 billion, an 11% increase year-over-year. This\nperformance was supported by strong client retention and sustained\ngrowth in key areas, with a revenue retention rate of 94%. The company\nalso strengthened its US platform by expanding its focus on national\nindustry sectors and specialised practices across Risk and People\nSolutions. Revenue from People Solutions surpassed $1 billion for the\nfirst time, reflecting consistent demand for integrated services\nspanning employee benefits, wellbeing, and consulting.<\/p>\n
Lockton\u2019s international business also delivered a strong performance,\nachieving 15% growth despite varying regional conditions. This was\npartly driven by 27% growth in People Solutions and continued strength\nin retail and specialty lines. The company expanded its operations into\nSwitzerland, Saudi Arabia, and Italy, while increasing investments in\nits operating model, leadership, and client service teams across Europe,\nLatin America, the Middle East, Asia, and the Pacific. These investments\nreflect a deliberate strategy to be closer to clients, deliver more\nlocally relevant service, and provide integrated cross-border expertise\namid increasingly global and interconnected risks.<\/p>\n
Lockton Re, the company\u2019s global reinsurance business, continued its\nstrong growth trajectory, supported by expanded client relationships,\ngeographic expansion, and targeted investments in talent, leadership,\nand capabilities. The business benefited from rising demand for\nsophisticated advisory support as insurers faced shifting market\ndynamics, capital constraints, and portfolio optimisation challenges.\nLockton Re further developed its capital markets and capital advisory\ncapabilities, enhanced its global portfolio solutions, and invested in\ncyber and credit offerings, strengthening its position as a long-term\npartner for clients navigating evolving reinsurance and capital\nmarkets.<\/p>\n
Over the past year, Lockton made significant investments in data,\nanalytics, and artificial intelligence to enhance client service, deepen\ninsights, and support Associates across its global platform. Central to\nthis effort is Lockton SAGE, a proprietary AI-powered technology\necosystem designed to connect data, analytics, and expertise to deliver\nactionable insights.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/lockton-revenue-rises-to-4-5-billion-in-fiscal-year-2026-1781311916", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }