Search
 

Gallagher profits jump 30 percent

Arthur J. Gallagher & Co. reported that its second-quarter profit jumped 30 percent on the combination of new business and strong retention.

By Kathryn Mayer | Updated on August 02, 2013

Arthur J. Gallagher & Co. reported that its second-quarter profit jumped 30 percent on the combination of new business and strong retention.

The Itasca, Ill.-based insurance broker this week said its revenue grew 20 percent to $779.5 million. Revenues for the quarter increased 20 percent. For the first six months of this year, net income is up 34 percent to $134 million. Revenues during the period increased 21 percent to $257 million.

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2024 ALM Global, LLC. All Rights Reserved.