International insurance brokerage firm, Arthur J. Gallagher & Co. has reported a 40% increase in net earnings for the second quarter of 2020, helped by stringent expense control measures. Gallagher posted adjusted net earnings of $229.0 million for its Brokerage & Risk Management segments, compared with $164.1 million for the same period last year. Earnings… Continue reading Gallagher Q2 Warnings Up 40%, Helped by Expense Measures
Tag: Gallagher profits
Gallagher Reports Rise in Q1 Earnings, $42.2M COVID-19 Hit
International re/insurance broker Gallagher has reported a $39.5 million rise in first quarter net earnings, while the total impact of COVID-19 was estimated at $42.2 million. “We are extremely pleased with our first quarter performance, even with the economic deterioration caused by COVID-19,” said J. Patrick Gallagher, Jr., Chairman, President and Chief Executive Officer. “Our… Continue reading Gallagher Reports Rise in Q1 Earnings, $42.2M COVID-19 Hit