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Arthur J. Gallagher & Co. - $AJG STOCK NEWS

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Arthur J. Gallagher & Co. announced the acquisition of Health Insurance Consultants Australia, a specialist health insurance consultancy and brokerage firm based in Melbourne, Victoria. The terms of the transaction were not disclosed. The acquisition will enhance Gallagher's benefits consulting capabilities in Australia. HICA's founder, Suzanne Still, and her team will continue to operate under Gallagher's direction. This move strengthens Gallagher's global presence and commitment to growth.

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Arthur J. Gallagher & Co. reported strong financial results for the first quarter of 2024, with 20% revenue growth, 9.4% organic revenue growth, 26% net earnings growth, and 19% adjusted EBITDAC growth. Key segments like brokerage and risk management performed well, with positive trends in primary insurance renewal premiums, property and casualty increases, and reinsurance market discipline. The company's customer business activity, labor market strength, and claims data indicate a resilient economic backdrop. With a strong team, expertise, analytics, and global reach, Arthur J. Gallagher & Co. is positioned for continued success in the industry.
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Arthur J. Gallagher & Co. (NYSE: AJG) has declared a regular quarterly cash dividend of $0.60 per share on its Common Stock, payable on June 21, 2024, to Stockholders of Record as of June 7, 2024. The global insurance brokerage, risk management, and consulting services firm operates in about 130 countries worldwide.
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Arthur J. Gallagher & Co. acquires Prasidium Credit Insurance, a specialist trade credit insurance broker based in Australia. The terms of the transaction were not disclosed. The acquisition aims to enhance Gallagher's trade credit capabilities in Australia. The Prasidium team, led by Mark Smith, Stuart Prendergast, Mark Browning, and Paul Daniele, will join Gallagher's offices in Australia under the direction of Sarah Lyons, head of retail property/casualty brokerage operations. J. Patrick Gallagher, Jr., Chairman and CEO of Gallagher, expressed excitement about the acquisition, highlighting Prasidium's strong growth record. Gallagher, a global insurance brokerage firm operating in 130 countries, is headquartered in Rolling Meadows, Illinois.
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Schneider National, Inc. (NYSE: SNDR) has been honored as a Best-In-Class Employer by Gallagher for its exceptional people management and associate wellbeing programs. The company was recognized for its comprehensive framework investing in benefits, compensation, and communication to support the health, financial security, and career growth of its associates.
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Arthur J. Gallagher & Co. announced the acquisition of Fontenelle & Goodreau Insurance, , a Louisiana-based agency specializing in commercial property/casualty coverages. The terms of the transaction were not disclosed. The acquisition will enhance Gallagher's capabilities in commercial real estate, particularly in large apartment accounts in the Louisiana market. Charlie Fontenelle and his team will continue to operate under the leadership of Bumpy Triche, head of Gallagher's Southeast retail property/casualty brokerage operations.
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1.51%
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Arthur J. Gallagher & Co. (AJG) is set to release its first quarter 2024 earnings on April 25, 2024. The CEO will host a conference call to discuss the results, which will be available on the company's website. Gallagher, a global insurance brokerage and consulting firm, operates in 130 countries worldwide.
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Special Olympics International and Gallagher renew global partnership to support athletes and promote inclusion
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Arthur J. Gallagher & Co. acquires Specialty Risk Management Services, and Private Client Insurance Services, The acquisition aims to enhance service offerings in the Florida market. Elaine Hawkins, Wes Brewer, and their team will continue operations under Gallagher's leadership.
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Jadex Inc. excels in optimizing employee and organizational wellbeing according to Gallagher's Best-in-Class Benchmarking Analysis. The company strategically invests in benefits, compensation, and employee communication to support employee health, financial security, and career growth. Jadex was recognized as a U.S. Best-in-Class Employer based on various performance criteria.
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Arthur J. Gallagher & Co.

NYSE:AJG

AJG Rankings

AJG Stock Data

53.54B
213.78M
1.14%
86.98%
0.91%
Insurance Agencies and Brokerages
Finance and Insurance
Link
United States of America
ROLLING MEADOWS

About AJG

gallagher, a global insurance brokerage and risk management services firm, helps clients address risk, protect assets and recover from losses. the products and services we provide keep businesses and institutions running, and enable individuals and families to rebuild their lives. gallagher is the only insurance broker recognized by the ethisphere institute as a world's most ethical company. gallagher provides retail and wholesale property and casualty brokerage, alternative risk transfer services, employee benefit consulting, and actuarial services. gallagher also offers claims and information management, risk control consulting and appraisal services, human resource consulting, and retirement services. find us on social media: facebook: http://www.facebook.com/lifeatgallagher instagram: http://instagram.com/lifeatgallagher twitter: https://twitter.com/lifeatgallagher or http://twitter.com/ajgcorporate