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Shares of Arthur J Gallagher amp Co AJG have rallied 18 4 year to date outperforming its industry s increase of 9 and in contrast to the Zacks S amp P 500 Composite index s decline of 1 4 With a market capitalization of 13 8 billion average volume of shares traded in the last
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Marsh amp McLennan Companies Inc MMC recently announced that Marsh amp McLennan Agency LLC MMA closed the buyout of Otis Magie Insurance Agency Inc Notably MMA is the middle market agency unit of Marsh an arm of the parent company Terms of the deal were however not disclosed
12/07/18
Arthur J Gallagher amp Co AJG recently acquired insurance brokers of Boston Marks Group in its effort to expand outside the United States The terms of the transaction remain undisclosed The acquisitions include Marks Insurance NZ in New Zealand BMG Aviation in Australia and the book
12/05/18
Marsh amp McLennan Companies Inc s MMC subsidiary Mercer announced completing the pending buyouts of the investment consulting alternatives consulting and wealth management operations of Pavilion Financial Corporation Pavilion effective Nov 30 2018 However terms of the deal were
11/30/18
Aon plc s AON recently issued 350 million of 10 year senior unsecured notes have received credit rating from Moody s Investors Service Moody s The rating agency has allocated a Baa2 rating these notes The outlook for the parent company and Aon Corporation remains stable With the
11/28/18
Arthur J Gallagher amp Co AJG recently acquired Buckman Mitchell Inc which will not only improve its service portfolio but also boost its presence in Central California However financial details of the transaction were kept under wraps Shares of the company inched up 0 1 in the
11/27/18
Arthur J Gallagher amp Co AJG recently acquired R T Beers amp Company Insurance Services Inc that will not only enable it to expand abilities but also improve its service portfolio in Southern California However financial details of the transaction were kept under wraps
11/26/18
Estimates for Aon plc AON have been revised upward over the past 30 days reflecting analysts optimism on the stock The stock has seen the Zacks Consensus Estimate for 2018 and 2019 earnings move 0 4 and 0 1 north respectively over the same time frame Shares of this Zacks Rank
11/21/18
Marsh amp McLennan Companies Inc s MMC unit Mercer recently announced the completion of its purchase of Summit Strategies Group Summit on Nov 15 2018 However terms of the transaction are unknown With the consolidation of Summit s enriched client service experience and Mercer
11/21/18
Arthur J Gallagher amp Co AJG recently acquired JP Tech Insurance Services Inc to ramp up professional liability coverages The terms of the transaction remain undisclosed Los Angeles CA based JP Tech Insurance Services provides insurance and risk management coverages and services
11/19/18
Brown amp Brown Inc BRO has closed the buyout of Hays Companies for 705 million The deal will help the acquirer ramp up its employee benefits business The transaction was announced on Oct 22 2018 Minneapolis MS based Hays Companies is an insurance broker providing on
11/16/18
Marsh amp McLennan Companies Inc s MMC unit Marsh recently announced the launch of Bluestream a cloud based digital broker platform targeting the affinity market With this introduction Marsh s affinity clients would be able to provide customers with insurance products and services
11/14/18
Marsh amp McLennan Companies Inc s MMC unit Marsh recently announced the launch of a new specialty business within Marsh called Marsh JLT Specialty This will be a combination of the specialty teams of Marsh and Jardine Lloyd Thompson Group plc JLT The new segment would be effective
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