Arthur J. Gallagher & Co. Acquires First Actuarial

Q: What did Arthur J. Gallagher (AJG) announce on December 2, 2025?

AJG announced the acquisition of UK-based First Actuarial to expand its pension and benefits consulting capabilities.

Q: Will the First Actuarial team remain after the AJG (AJG) acquisition?

Yes. The First Actuarial team, led by David Joy, will remain in their current locations under Gallagher UK leadership.

Q: Did AJG disclose the purchase price for First Actuarial in the December 2, 2025 release?

No. The press release states that terms of the transaction were not disclosed.

Q: How does the First Actuarial deal affect AJG's UK services (AJG)?

The acquisition is described as expanding AJG's pension service capabilities in the UK and complementing employee benefits consulting.

Q: Who will oversee First Actuarial after the acquisition by AJG (AJG)?

First Actuarial will be guided by David Piltz, head of Gallagher's UK Benefits and HR Consulting Division.

Arthur J. Gallagher & Co (NYSE: AJG) announced on December 2, 2025 the acquisition of UK-based First Actuarial.

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Rhea-AI Summary

Arthur J. Gallagher & Co (NYSE: AJG) announced on December 2, 2025 the acquisition of UK-based First Actuarial. Terms of the transaction were not disclosed. First Actuarial provides pension administration, employee benefits, consultancy and investment services to UK employers and pension trustees.

The existing First Actuarial team, led by David Joy, will remain in place and report under David Piltz, head of Gallagher's UK Benefits and HR Consulting Division. Gallagher said the deal expands its pension service capabilities in the UK and complements its employee benefits consulting operations. Gallagher operates in approximately 130 countries through owned operations and correspondent partners.

Positive

Acquisition announced on Dec 2, 2025
Adds UK pension administration and benefits consulting capabilities
Existing First Actuarial team retained under Gallagher UK leadership
Strengthens Gallagher presence in ~130-country global network

Negative

Terms of the transaction were not disclosed
No financial metrics provided to assess immediate shareholder impact

Argus Dec 2 session

-0.76% close to close Open Argus

Details

News Market Reaction – AJG

On Dec 2, the day this news came out, AJG closed 0.76% below the previous close.

Data tracked by StockTitan Argus for the Dec 2 session.

Key Figures

Global reach: approximately 130 countries

Global reach: approximately 130 countries; Countries where Gallagher provides services via operations and correspondents

Historical Context

5 past events · Latest: Dec 03

5 events

Dec 03
Investor meeting webcast

24h Move

+0.5%

Announcement of December 16, 2025 informal investor meeting and webcast access.
Dec 02
UK acquisition

24h Move

-0.8%

Acquisition of UK-based First Actuarial to expand pension services capabilities.
Nov 04
Construction surety deal

24h Move

+3.6%

Purchase of Surescape Insurance Services to deepen construction surety capabilities.
Nov 03
Tompkins sale to AJG

24h Move

-2.6%

Tompkins Financial sold Tompkins Insurance Agencies to AJG for cash consideration.
Nov 03
Tompkins acquisition

24h Move

-2.6%

AJG acquisition of Tompkins Insurance Agencies with detailed revenue and EBITDAC metrics.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

pension administration, pension plan trustees

2 terms

pension administration financial

"First Actuarial provides pension administration, employee benefits, consultancy"

Pension administration is the day‑to‑day management of a retirement plan — keeping records, collecting contributions, calculating and paying benefits, and making sure rules and taxes are followed. Like a combined payroll, accounting and customer‑service team for retirees, it matters to investors because poor administration can increase costs, create legal or tax liabilities, damage employee trust, and affect a company’s reported pension obligations and cash flow.

pension plan trustees financial

"services to employers and pension plan trustees throughout the UK."

Pension plan trustees are the people or board legally responsible for running a retirement plan and protecting the money set aside for workers’ future paychecks. Think of them as stewards of a shared piggy bank: they decide how contributions are invested, ensure promised benefits can be paid, and set rules for payouts. Their choices affect a plan’s financial health and can influence a company’s liabilities, funding needs, and thus investor outcomes.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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12/02/2025 - 04:00 AM

ROLLING MEADOWS, Ill., Dec. 2, 2025 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of UK-based First Actuarial. Terms of the transaction were not disclosed.

First Actuarial provides pension administration, employee benefits, consultancy and investment services to employers and pension plan trustees throughout the UK. The First Actuarial team, led by David Joy, will remain in their current locations under the guidance of David Piltz, head of Gallagher's UK Benefits and HR Consulting Division.

"First Actuarial is a highly regarded firm that expands our pension service capabilities in the UK and complements our employee benefits consulting operations," said J. Patrick Gallagher, Jr., Chairman and CEO. "I am very pleased to welcome David and his associates to our growing, global team."

Arthur J. Gallagher & Co. (NYSE: AJG), a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois. Gallagher provides these services in approximately 130 countries around the world through its owned operations and a network of correspondent brokers and consultants.

Investors: Ray Iardella, VP - Investor Relations	Media: Paul Day, Senior Media Relations Manager
630-285-3661/ ray_iardella@ajg.com	630-285-5946/ paul_day1@ajg.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/arthur-j-gallagher--co-acquires-first-actuarial-302629760.html

SOURCE Arthur J. Gallagher & Co.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Arthur J. Gallagher (AJG) announce on December 2, 2025?

AJG announced the acquisition of UK-based First Actuarial to expand its pension and benefits consulting capabilities.

Will the First Actuarial team remain after the AJG (AJG) acquisition?

Yes. The First Actuarial team, led by David Joy, will remain in their current locations under Gallagher UK leadership.

Did AJG disclose the purchase price for First Actuarial in the December 2, 2025 release?

No. The press release states that terms of the transaction were not disclosed.

How does the First Actuarial deal affect AJG's UK services (AJG)?

The acquisition is described as expanding AJG's pension service capabilities in the UK and complementing employee benefits consulting.

Who will oversee First Actuarial after the acquisition by AJG (AJG)?

First Actuarial will be guided by David Piltz, head of Gallagher's UK Benefits and HR Consulting Division.

Arthur J. Gallagher & Co. Acquires First Actuarial