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Rolling Meadows, Illinois-based Arthur J. Gallagher & Co. (AJG) provides insurance and reinsurance brokerage, consulting, and third-party property/casualty claims settlement and administration services to entities and individuals. With a market cap of $62.7 billion, the company operates through Brokerage and Risk Management segments.
Shares of the insurance broker have marginally lagged behind the broader market over the past year. Over the past 52 weeks, AJG gained 27.4% compared to the S&P 500 Index’s ($SPX) 27.7% returns. In 2024, AJG is up 29%, outpacing SPX’s 18% gains on a YTD basis.