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Arthur J. Gallagher & Co. (NYSE: AJG) is a leading global insurance brokerage and risk management services firm headquartered in Rolling Meadows, Illinois. With operations across approximately 130 countries, Gallagher provides retail and wholesale property and casualty brokerage, alternative risk transfer services, employee benefit consulting, and actuarial services. Additionally, they offer claims and information management, risk control consulting and appraisal services, human resource consulting, and retirement services.
Gallagher helps clients address risk, protect assets, and recover from losses, ensuring businesses and institutions continue running smoothly and individuals and families can rebuild their lives. The company’s primary revenue source is its brokerage segment, which negotiates and places its customers with insurance companies providing, among other types, property/casualty and health insurance. Gallagher’s brokerage revenue mainly comes from commissions paid by insurance companies.
Arthur J. Gallagher & Co. is recognized as a World's Most Ethical Company by the Ethisphere Institute. They generate most of their revenue in the United States, with significant contributions from Australia, Bermuda, Canada, the Caribbean, New Zealand, and the United Kingdom.
Recent achievements include several strategic acquisitions to expand their market capabilities and service offerings. In early 2024, Gallagher acquired FarmPLUS Insurance Services, John Galt Insurance Agency, Specialty Risk Management Services, and Private Client Insurance Services, enhancing their presence in the agricultural and real estate markets. Additionally, they renewed their global partnership with Special Olympics International, demonstrating their commitment to promoting inclusion and supporting athletes worldwide.
Gallagher's financial condition remains robust, as evidenced by their strong first-quarter performance in 2024. They reported substantial revenue growth and improved net earnings, driven by increased demand for insurance and reinsurance services and successful integration of recent acquisitions.
For the latest updates and news, investors can visit Gallagher's website or contact their Investor Relations and Communications teams.
Arthur J. Gallagher & Co. (NYSE: AJG) has declared a quarterly cash dividend of $0.51 per share on its common stock. This dividend will be payable on December 16, 2022 to stockholders of record as of December 2, 2022. Headquartered in Rolling Meadows, Illinois, Gallagher operates in around 130 countries, providing insurance brokerage, risk management, and consulting services through owned operations and a network of correspondent brokers.
Arthur J. Gallagher & Co. (NYSE: AJG) will announce its third quarter 2022 earnings after market close on October 27, 2022. Following the earnings release, CEO J. Patrick Gallagher, Jr. will lead a conference call at 5:15 PM ET on the same day. Investors can access the call live on Gallagher's website, with a replay available later. The company is a global insurance brokerage and risk management firm operating in approximately 130 countries.
Arthur J. Gallagher & Co. has signed a definitive agreement to acquire M&T Insurance Agency, Inc. (MTIA), an indirect subsidiary of M&T Bank Corporation, headquartered in Buffalo, New York. This transaction will make Gallagher the preferred insurance broking partner of M&T Bank and is expected to close in Q4 2022, pending regulatory approval. Founded in 1955, MTIA specializes in property and casualty products, customized group benefits, and surety solutions, enhancing Gallagher's market presence in the New York region.
M&T Bank Corporation announced its agreement to sell M&T Insurance Agency, Inc. (MTIA) to Arthur J. Gallagher & Co. This transaction awaits regulatory approval and is projected to finalize in Q4 2022. MTIA, established in 1955, provides various insurance products in the Northeast and Mid-Atlantic regions. Post-sale, MTIA will continue operating under Gallagher, with its leadership and staff retained, allowing for enhanced service offerings.
Gallagher is a global leader in insurance brokerage and risk management, supporting operations in around 130 countries.
Arthur J. Gallagher & Co. (NYSE: AJG) will host a quarterly management meeting on September 20, 2022, from 7:00 a.m. to 9:00 a.m. CT, via conference call. The meeting will cover the company's business operations and financial outlook, with a Q&A session for investors. Interested parties can listen live on Gallagher's website, with a replay available until September 27. Additional materials will be released on September 20 at 6:30 a.m. CT.
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