Arthur J. Gallagher & Co. (AJG) recently acquired MGB Re. The terms of the transaction have not been revealed yet. Toronto, ON-based MGB provides innovative solutions for risk and cost management and distribution initiatives to meet the needs of Insurance companies, HMOs, MGUs and Reinsurance companies. With this acquisition, Arthur J. Gallagher will leverage the strong client relationships and expertise of MGB to enhance the growth of AJG’s medical reinsurance business and expand its service offerings. Art ...