Welcome to our dedicated page for Arthur J. Gallagher & Co news (Ticker: AJG), a resource for investors and traders seeking the latest updates and insights on Arthur J. Gallagher & Co stock.
Arthur J. Gallagher & Co. (NYSE: AJG) is a global leader in insurance brokerage and risk management services, serving clients across 130+ countries. This dedicated news hub provides investors and industry professionals with essential updates on corporate developments, strategic initiatives, and market positioning.
Access timely AJG press releases covering earnings reports, merger & acquisition activity, leadership changes, and regulatory filings. Our curated collection simplifies tracking of the company’s expansion in wholesale brokerage, employee benefits consulting, and specialty risk solutions.
Key updates include operational milestones, partnership announcements, and industry recognition relevant to Gallagher’s core segments: retail/wholesale brokerage, risk management services, and consulting operations. Stay informed about strategic acquisitions that enhance the company’s global capabilities in property/casualty insurance and alternative risk transfer markets.
Bookmark this page for direct access to primary source materials and analysis-neutral reporting on AJG’s financial performance and corporate governance. Regularly updated to serve as your definitive resource for understanding Gallagher’s market position in the evolving insurance sector.
On April 26, 2023, Arthur J. Gallagher & Co. (NYSE: AJG) declared a regular quarterly cash dividend of $0.55 per share on its Common Stock. This dividend is set to be paid on June 16, 2023, to stockholders of record as of June 2, 2023. Headquartered in Rolling Meadows, Illinois, Gallagher operates globally, providing insurance brokerage, risk management, and consulting services in approximately 130 countries through its owned operations and a network of correspondent brokers and consultants.
Resolute Global Partners has launched Footprint, a groundbreaking reinsurance contract developed with Gallagher Re and Karen Clark & Company. This innovative solution addresses longstanding issues in the reinsurance industry, such as trapped capital, pricing uncertainty, and non-modeled risks. Footprint can be applied to various natural disasters, initially focusing on severe convective storms, which are notable for their high costs to insurers. The contract features rapid claim settlements within 30 days and automatic commutation after contract maturity. This product aims to provide better coverage and liquidity for insurance companies while offering investors an efficient entry into the property reinsurance market. Industry leaders express optimism that Footprint can transform the reinsurance landscape, especially amid the current favorable rate environment.