Is Arthur J. Gallagher Stock Underperforming the Nasdaq?

With a market cap of $57.9 billion, Arthur J. Gallagher & Co. (AJG) is a global insurance and reinsurance brokerage firm that provides risk management, consulting, and third-party property and casualty claims services to businesses and individuals worldwide. Operating through its Brokerage and Risk Management segments, the company delivers retail and wholesale insurance placement, reinsurance solutions, claims administration, and loss control consulting across a wide range of industries. 

Companies worth more than $10 billion are generally labeled as “large-cap” stocks and Arthur J. Gallagher fits this criterion perfectly. It serves commercial, industrial, public, religious, and nonprofit organizations through an extensive global network of brokers and consultants.