|Day's range||10.60 - 10.60|
Marsh & McLennan (MMC) is currently aided by higher insurance rates, its strong segmental performance and a tactical capital deployment record.
New businesses, better customer retention, premium rate increases across the majority of business lines, strategic acquisitions and strong financial position continue to drive Brown & Brown (BRO)
MMA acquires Texas-based SOLV to boost the capabilities and geographic presence of Marsh & McLennan (MMC).
DAYTONA BEACH, Fla., June 01, 2023 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the “Company”) has announced the appointment of Barry Hensley as chief security officer (CSO) and Rob Burch as chief information security officer (CISO) for Brown & Brown. Gray Nester, the Company’s chief information officer, said, “With the addition of a CSO role and the talents of Barry and Rob, Brown & Brown is investing in our business's long-term success and future. Barry’s service in the armed forces and
Marsh & McLennan, Aon, Brown and Brown, Erie Indemnity and Ryan Specialty have been highlighted in this Industry Outlook article.
Increased demand for insurance products, given an aging population, baby boomers and millennials, and the adoption of technology should drive insurance brokers like MMC, AON, BRO, ERIE and RYAN.
Arthur J. Gallagher (AJG) boosts its brokerage and consulting business with Bernard Benefits and Bernard Healthcare Financial Planning acquisition.
Here is how Argo Blockchain PLC Sponsored ADR (ARBK) and Brown & Brown (BRO) have performed compared to their sector so far this year.
DAYTONA BEACH, Fla., May 25, 2023 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the “Company”) has announced the appointment of Pattysue Rauh as chief audit officer for Brown & Brown, effective July 2023. Rauh will also serve on the senior leadership team. In this new role, Rauh will lead the Company’s internal audit and compliance operations, overseeing internal controls. She will transition from her current role as executive vice president of national employee benefits within Brown & Bro
Lower benefits and expenses, higher net investment income, and improved profit levels from the U.S. business aid Aflac (AFL).
Arthur J. Gallagher's (AJG) Insurance by Ken Brown acquisition will help consolidate its presence in Florida and Southeast United States.
Brown & Brown (BRO) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Brown & Brown's (BRO) pending Kentro Capital Limited acquisition will help it boost presence London.
DAYTONA BEACH, Fla., May 22, 2023 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), today announced that Brown & Brown has entered into an agreement to acquire Kentro Capital Limited (“Kentro”). The transaction is expected to close in the fourth quarter of 2023, subject to certain closing conditions, including the receipt of required regulatory approvals. Kentro is an insurance industry group headquartered in London, managing over £500 million of g
Arthur J. Gallagher's (AJG) buyouts help it solidify geographical presence as well as consolidate portfolio.
Brown & Brown's (BRO) buyout of Brownlee Agency is likely to strengthen the insurance broker's capabilities and expand its presence in Georgia.
DAYTONA BEACH, Fla., May 08, 2023 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Casey C. Brownlee, John R. Brownlee and David Z. Monk, the shareholders of Brownlee Agency, Inc., today announced that a subsidiary of Brown & Brown, Inc., has acquired substantially all of the assets of Brownlee Agency. Founded in 1974, Brownlee Agency offers a wide variety of property and casualty insurance products and services to customers throughout Georgia
Brown & Brown (NYSE: BRO) saw its stock price jump 12.1% in April, according to S&P Global Market Intelligence. As of May 4, Brown & Brown was trading at about $64 per share, up roughly 12.5% year to date (YTD). The stock outperformed the major market indexes, as the S&P 500 was up 1.5%, the Dow Jones Industrial Average climbed 2.5%, and the Nasdaq Composite was essentially flat in April.
The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But on a lighter note, a...
Brown & Brown's (BRO) Q1 results reflect improved organic growth and higher net investment income, partly offset by higher expenses.
The headline numbers for Brown & Brown (BRO) give insight into how the company performed in the quarter ended March 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Brown & Brown (BRO) delivered earnings and revenue surprises of 3.70% and 5.11%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
DAYTONA BEACH, Fla., April 24, 2023 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company") today announced its unaudited financial results for the first quarter of 2023. Revenues for the first quarter of 2023 under U.S. generally accepted accounting principles ("GAAP") were $1,116.0 million, increasing $211.3 million, or 23.4%, compared to the first quarter of the prior year, with commissions and fees increasing by 22.5% and Organic Revenue increasing by 12.6%. Income before income t
Brown & Brown (BRO) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Arthur J. Gallagher (AJG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.