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Arthur J. Gallagher & Co. (AJG) Stock News, Feb-Apr 2021

AJG NYSE

Arthur J. Gallagher & Co. reports developments tied to its global insurance brokerage, risk management and consulting services business. Company news commonly covers quarterly financial results, dividend declarations, acquisition activity, and updates from its brokerage and risk management operations across owned offices and correspondent broker and consultant networks in approximately 130 countries.

Recurring updates also include product and service initiatives such as Gallagher Blueprint, which combines AI-driven analytics, proprietary data and specialist expertise for client risk profiles and insurance program planning. Gallagher news also covers research on business risk topics, acquisition integration, and additions to retail brokerage, employee benefits, HR consulting and wealth management capabilities in markets such as Australia.

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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.

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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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Arthur J. Gallagher & Co. (NYSE: AJG) will release its Q1 2021 earnings on April 29, 2021, post-market. A conference call led by CEO J. Patrick Gallagher, Jr. will be held on the same date at 5:15 PM ET. This call will be available live on the company’s website, with a replay accessible shortly after. Gallagher operates in 49 countries, providing extensive brokerage, risk management, and consulting services globally.

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Arthur J. Gallagher & Co. announced the acquisition of Terrier Claims Services, Inc. (TCS) and its affiliate, MT Investigations, LLC, through its subsidiary Gallagher Bassett Services. TCS, founded in 1996, specializes in claims investigation for insurance defense and government agencies across several northeastern states and nationwide. The acquisition aims to enhance Gallagher Bassett's investigative and property adjusting capabilities, especially for complex construction claims, thereby improving claims management efficiency.

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Arthur J. Gallagher & Co. (NYSE: AJG) announced on March 23, 2021, the acquisition of South Bend, Indiana-based R&R Benefits/Risk Management, LLC. Founded in 2000, R&R Benefits specializes in employee benefit program solutions and property/casualty risk placements. The integration aims to enhance Gallagher's capabilities in managing healthcare costs and strengthen its relationships in Northern Indiana. Robert Frick, Troy Scott, and their team will continue to operate under Gallagher's Great Lakes Region leadership.

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Arthur J. Gallagher & Co. (NYSE: AJG) will host its quarterly management meeting on March 17, 2021, from 8:00 a.m. to 10:30 a.m. CT. The meeting will be conducted virtually via conference call, featuring commentary from the company’s leaders on business operations and financial outlook. Interested parties can access the live broadcast on Gallagher's website. A replay will be available until March 24. The meeting materials will be published on March 17 at 7:30 a.m. CT.

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FAQ

What is the current stock price of Arthur J. Gallagher & (AJG)?

Arthur J. Gallagher & (AJG) last closed at $281.61.

What is the market cap of Arthur J. Gallagher & (AJG)?

The market cap of Arthur J. Gallagher & (AJG) is approximately $72.2B.