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Valued at a market cap of $66.8 billion, Arthur J. Gallagher & Co. (AJG) provides insurance and reinsurance brokerage, consulting, third-party property/casualty claims settlement, and administration services to entities and individuals. The Rolling Meadows, Illinois-based company also provides a broad range of risk management services and assists clients in all areas of their employee health/welfare and retirement plans as well.
Shares of this insurance company have underperformed the broader market over the past 52 weeks. AJG has gained 21.1% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 31.3%. Nevertheless, on a YTD basis, the stock has soared almost 36.3%, outperforming SPX’s 25.5% gain.