# Lockton Fiscal Year 2026 Revenue Increases to $4.5 Billion

- Link: https://www.thailand-business-news.com/pr-news/lockton-fiscal-year-2026-revenue-increases-to-4-5-billion
- Published: 2026-06-11T19:00:00+07:00
- Author: PR Newswire

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_Six Consecutive Years of_ _Double-Digit_ _Organic_ _Growth_ _Drives Global_ _Performance_

KANSAS CITY, Mo., June 11, 2026 /PRNewswire/ — Lockton, the world’s largest privately
held, independent insurance brokerage, today reported strong financial results for
fiscal year 2026, with global revenue increasing 12% year over year to approximately
$4.5 billion, including 11% organic growth, reflecting sustained momentum across
the business and continued investment in talent, technology, and global capabilities.

This performance marks Lockton’s sixth consecutive year of double‑digit organic 
growth, underscoring the strength of its client relationships, diversified business
model, and long-term investment strategy. 

"Fiscal year 2026 was another exceptional year for Lockton," said Ron Lockton, chairman
and chief executive officer. "Our results reflect the trust our clients place in
us, the quality of our people, and the advantages of our private and independent
model. Our structure allows us to invest with a long-term horizon, adapt quickly
to emerging client and market needs, and continually reinvest in the capabilities,
insights, and innovations that help clients navigate an increasingly complex risk
environment."

**Resilient Performance in a Challenging Market** 

Lockton’s results were particularly strong given market conditions during fiscal
year 2026, which ended April 30. Global property rates softened as capacity improved
and competition increased, while casualty lines in the U.S. continued to experience
pricing pressure and elevated loss-cost trends. Against that backdrop, Lockton’s
diversified platform delivered balanced growth across regions and businesses. 

 ◦ Lockton International and Lockton Re each delivered approximately 15% growth.
 ◦ U.S. operations delivered an eighth year of double-digit growth, despite uneven
   conditions across regions and product lines. 

**U.S. Highlights** 

Lockton’s U.S. business delivered another strong year, continuing a pattern of sustained
momentum across the market. U.S. revenue finished just under $3 billion, up 11% 
year over year, marking the U.S. business’s eighth consecutive year of double-digit
growth. 

This performance was supported by strong client retention and continued growth in
key parts of the business. Backed by one of the industry’s strongest producer groups
and highly collaborative service teams, Lockton achieved a 94% client revenue retention
rate. 

The firm also continued to strengthen its U.S. platform by expanding national industry
verticals and specialty practices across Risk and People Solutions. In People Solutions,
revenue surpassed $1 billion for the first time, reflecting sustained demand for
integrated benefits, wellbeing, and advisory services. Together, these investments
concentrate expertise, improve consistency, and make advanced capabilities more 
accessible to clients across markets. 

**International Highlights** 

Lockton’s international business also delivered a strong year, continuing to build
momentum across key markets. Despite uneven conditions across regions, the business
achieved 15% growth, driven in part by 27% growth from People Solutions and ongoing
strength in retail and specialty lines. 

Lockton also continued to strengthen its international platform during the year,
expanding operations in Switzerland, Saudi Arabia, and Italy while further investing
in its operating model, leadership, and client service teams across Europe, Latin
America, the Middle East, Asia, and the Pacific. Together, these investments reflect
a deliberate strategy to be closer to clients, operate with greater local relevance,
and deliver integrated expertise across borders as risk grows more global and interconnected.

**Lockton Re** 

Lockton Re, the firm’s global reinsurance business, continued its strong trajectory,
delivering meaningful growth supported by expanded client relationships, geographic
expansion, and targeted people, leadership, and capability investment. The business
benefited from increased demand for sophisticated advisory support as insurers navigated
evolving market dynamics, capital constraints, and portfolio optimization challenges.

Lockton Re continued to build out its capital markets and capital advisory capabilities,
enhance global portfolio solutions, and invest in cyber‑ and credit‑related offerings,
positioning the business to support clients across a broader range of risk transfer
and capital solutions. These investments reinforce Lockton Re’s role as a long‑term
partner to clients amid changing reinsurance and capital markets conditions. 

**Technology, AI, and Innovation** 

Over the last year, Lockton made significant investments in data, analytics, and
artificial intelligence to enhance client service, improve insight, and empower 
Associates across its global platform. These efforts are central to the firm’s strategy
to lead through advisory expertise while reducing friction and increasing consistency
in how clients are served. 

At the center of this work is Lockton SAGE, a proprietary, AI‑enabled technology
ecosystem designed to connect data, analytics, and expertise to deliver smarter 
insights, faster decisions, and greater confidence across critical business decisions.
Broader deployment of the platform will begin in fiscal year 2027, with continued
investment planned across digital, analytics, and data capabilities. 

"Artificial intelligence will reshape every aspect of risk and insurance," said 
Ron Lockton. "We see AI as an accelerator of human expertise, not a substitute for
it. Our focus is on using technology to enhance judgment, insight, and the value
we deliver to clients." 

**Culture and Talent** 

Lockton’s performance continues to be underpinned by its unique culture and people.
The firm employs nearly 15,000 Associates globally and is consistently recognized
as an employer of choice. During fiscal year 2026, Lockton earned multiple workplace
and industry accolades across the world, including _Business Insurance_‘s Best Places
to Work in Insurance, Glassdoor’s Employees’ Choice Awards, Deloitte Private and
_The Wall Street Journal_‘s U.S. Best Managed Companies, and Axco’s Global Broker
of the Year, among others. 

**About Lockton** 

What makes Lockton stand apart is also what makes it better: independence. Lockton’s
private ownership empowers its nearly 15,000 Associates doing business in 160+ countries
to focus solely on clients’ risk and insurance needs. With expertise that reaches
around the globe, Lockton delivers the deep understanding needed to accomplish remarkable
results. For more information, visit **[www.lockton.com](https://edge.prnewswire.com/c/link/?t=0&l=en&o=4709332-1&h=1324008247&u=https%3A%2F%2Fwww.lockton.com%2F&a=www.lockton.com)**.

 

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