Welcome to our dedicated page for Gallagher (ARTHUR J.) & Co. news (Ticker: AJG), a resource for investors and traders seeking the latest updates and insights on Gallagher (ARTHUR J.) & Co. stock.
Arthur J. Gallagher & Co. (NYSE: AJG) is a global insurance brokerage, risk management and consulting services firm headquartered in Rolling Meadows, Illinois. This news page aggregates company‑specific updates so readers can follow how Gallagher’s insurance and risk management activities translate into corporate developments and market‑relevant information.
Recent news releases highlight several recurring themes in Arthur J. Gallagher & Co.’s coverage. The company regularly announces quarterly earnings results, including detailed financial tables for its Brokerage and Risk Management segments, as well as adjusted non‑GAAP measures such as EBITDAC and organic revenue growth. These earnings announcements are typically accompanied by webcast conference calls where management discusses financial performance and business operations.
Another major category of news involves acquisitions and expansion. Gallagher has reported transactions such as the acquisition of Surescape Insurance Services, LLC, a surety specialist and insurance agency serving the construction industry across the United States, and Strategic Services Group, Inc., an employee benefits consulting firm in Michigan and the Midwest. The company has also been referenced as the buyer of Tompkins Insurance Agencies, Inc., a retail insurance agency offering property and casualty products and employee benefits solutions in Pennsylvania and New York. In addition, SEC filings and related communications describe the completion of a significant acquisition of Dolphin Topco, Inc. from The AssuredPartners Group LP.
Investors and observers will also find announcements about investor meetings, webcasts and dividends. Gallagher issues notices for regularly scheduled investor meetings and informal management sessions with the investment community, often providing access to presentation materials and updated “CFO Commentary.” The company has also announced regular quarterly cash dividends on its common stock.
Occasionally, Arthur J. Gallagher & Co. appears in news related to brand partnerships and sponsorships, such as its title sponsorship of the Gallagher Cup – The Rematch: Ireland vs. All Blacks, where it is described as one of the world’s largest insurance brokerage, risk management and consulting firms and the Official Insurance Broker of New Zealand Rugby.
For anyone tracking AJG news, this page offers a focused view of Gallagher’s earnings releases, acquisition activity, investor communications and selected corporate initiatives, helping readers understand how the company’s insurance brokerage and risk management operations evolve over time.
Arthur J. Gallagher & Co. (NYSE: AJG) announced the successful closing of its public stock offering, totaling 10,350,000 shares at $142.00 per share. This includes the full exercise of the underwriters' option for an additional 1,350,000 shares. The offering was conducted under an effective shelf registration statement and managed by Morgan Stanley, with several firms acting as co-managers. The funds from this offering are expected to bolster Gallagher's operational capabilities, although the potential for shareholder dilution exists due to the increased share count.
Arthur J. Gallagher & Co. (NYSE: AJG) priced an offering of 9,000,000 shares of common stock at $142.00 per share. The underwriters have a 30-day option to purchase an additional 1,350,000 shares. The offering is expected to close on May 17, 2021, and the proceeds will help fund the acquisition of Willis Towers Watson's reinsurance and brokerage operations. Closing is not conditioned on the acquisition's completion, which remains uncertain due to regulatory approvals.
Arthur J. Gallagher & Co. (NYSE: AJG) announced an acquisition of certain reinsurance, specialty, and retail brokerage operations from Willis Towers Watson. The deal, valued at $3.57 billion, is part of a regulatory remedy linked to the Aon and Willis Towers Watson merger and is expected to close in the second half of 2021. This acquisition will enhance Gallagher's global footprint in reinsurance and retail brokerage, adding significant expertise and revenue potential estimated at $1.3 billion. Integration is projected to take three years, with costs estimated at $350 million.
Arthur J. Gallagher & Co. (NYSE: AJG) announced a public offering of 9,000,000 shares of its common stock, with an option for underwriters to purchase an additional 1,350,000 shares. The proceeds will help fund the acquisition of certain Willis Towers Watson reinsurance operations, part of the regulatory remedy for the pending Aon and Willis Towers Watson combination. The offering is not contingent on the completion of the WTW transaction, and there is no guarantee that it will occur.
Arthur J. Gallagher & Co. has acquired Koff & Associates, a Berkeley-based provider of HR services since 1984. Although the financial terms of the transaction remain undisclosed, the acquisition aims to enhance Gallagher's existing public sector services in California. Koff & Associates specializes in HR offerings including job classification, compliance, and performance management, primarily serving government entities. The team will continue operating under Catherine Kaneko and Georg Krammer, while reporting to Scott Hamilton, global head of Gallagher's Human Resources & Compensation Consulting operations.
Arthur J. Gallagher & Co. has acquired Total Safety Consulting, LLC (TSC), enhancing its risk management services through Gallagher Bassett. The acquisition includes TSC Training Academy and aims to bolster Gallagher Bassett's construction practice. TSC, founded in 1996, provides safety management and technical training across the Northeastern, Mid-Atlantic, and Southern U.S. Jim and Liz Bifulco will lead the integration within Gallagher Bassett. The financial terms of the transaction have not been disclosed, but it is expected to strengthen Gallagher's position in the safety services market.
Arthur J. Gallagher & Co. (NYSE: AJG) announced the acquisition of Canberra-based Mutual Brokers Pty Ltd on May 3, 2021. This strategic move aims to enhance Gallagher's presence in the Canberra market and expand client offerings. Mutual Brokers, established in 1985, focuses on commercial and small corporate clients. The existing ownership team will transition to Gallagher's Canberra branch under Mark Saunderson's leadership. This acquisition aligns with Gallagher's growth strategy and strengthens its operational capabilities in Australia.
Arthur J. Gallagher & Co. (AJG) reported strong financial results for Q1 2021, with total revenues increasing to $2.13 billion, a 7% rise year-over-year. Adjusted net earnings reached $626.8 million, up 9%, and diluted EPS grew to $2.02. The company experienced robust organic revenue growth driven by a firm property casualty market and effective cost management, resulting in a net earnings margin of 22.6%. Positive trends in client retention and premium rate increases were also noted. Despite COVID-19 impacts, liquidity remains strong at $1.6 billion.
Arthur J. Gallagher & Co. (NYSE: AJG) has declared a quarterly cash dividend of $0.48 per share on its Common Stock. This dividend is payable on June 18, 2021, to shareholders recorded as of June 4, 2021. The firm, which is headquartered in Rolling Meadows, Illinois, operates in 56 countries and provides client services across more than 150 countries globally through its extensive network of brokers and consultants.
Arthur J. Gallagher & Co. (AJG) has announced a strategic partnership with MIG Holding Ltd, acquiring a 30% minority interest in specialist insurance broker ACE. The deal, subject to regulatory approvals, allows Gallagher to enhance its presence in the Middle East and North Africa (MENA) region. ACE operates in seven countries and specializes in sectors such as aviation, real estate, and oil & gas. CEO Patrick Gallagher, Jr. noted significant growth opportunities from this partnership.
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