Financial Data and Key Metrics Changes - The company reported a 14% growth in revenue for the combined brokerage and risk management segments, with 9% organic growth and a net earnings margin of 23% [4][5] - Adjusted EBITDAC margin increased to 41.1%, up 338 basis points year over year, with adjusted EBITDAC growth of 26% [4][5] - GAAP earnings per share were $3.29, while adjusted earnings per share were $4.16 [5] Segment Performance Changes - The Brokerage segment saw reported revenue growth of 16% and organic growth of 9.5%, with adjusted EBITDAC margin expanding to 43.4% [5][6] - Retail PC operations delivered 5% organic growth, with U.S. operations exceeding 5% and international operations around 4% [6][7] - The Reinsurance, Wholesale, and Specialty businesses achieved a total organic growth of 13%, with Gallagher Reed contributing 20% organic growth [7] Market Data and Key Metrics Changes - In the primary insurance market, overall global property renewal premiums decreased by 2%, while D&O premiums fell by 3%. Workers' compensation premiums increased by 5%, and personal lines and casualty lines rose by 8% [8][9] - For small to mid-sized accounts, renewal premiums were up 5%, while large accounts saw a 1% increase [9][10] Company Strategy and Industry Competition - The company aims to leverage its expertise in navigating the complex insurance market to provide optimal coverage for clients while mitigating price increases [11] - The reinsurance market dynamics favored buyers, with reinsurers maintaining discipline on terms while meeting increased client demand [11][12] - The company is well-positioned to compete and win, emphasizing its niche expertise and extensive data analytics capabilities [16] Management's Comments on Operating Environment and Future Outlook - Management noted solid client business activity with no signs of a meaningful global economic slowdown, despite some upward revenue adjustments being lower than the previous year [14][16] - The U.S. labor market remains strong, with over 7 million open jobs, indicating a robust demand for new workers [15][16] - The company expects full-year 2025 brokerage segment organic growth in the range of 6% to 8% [17] Other Important Information - The company completed 11 tuck-in mergers during the first quarter, representing approximately $100 million of estimated annualized revenue [19] - The acquisition of Woodruff Sawyer was completed in early April, contributing to a total of $400 million of acquired revenue [19] - The company has over 40 term sheets signed or being prepared, representing more than $450 million of annualized revenue [20] Q&A Session Summary Question: Breakdown of 20% growth in reinsurance - Management indicated that over half of the organic growth came from new business, with significant client wins and increased renewal premiums contributing to the growth [42][44] Question: Update on Assured Partners acquisition - Management is preparing a response to the DOJ and expects to submit it by mid-third quarter, starting a 30-day review period [47][49] Question: Impact of timing on organic growth - Management clarified that the timing impact was primarily in reinsurance, with expectations of a similar effect in the second quarter, but no overall impact on full-year organic growth [50][54] Question: Renewal pricing bifurcation - Management confirmed that larger accounts are experiencing less rate pressure compared to smaller accounts, which are seeing higher increases [56][58] Question: Organic profile at Assured Partners - Management expressed confidence that the organic profile at Assured Partners is similar to their retail business, with strong retention rates [64][68]

Arthur J. Gallagher (AJG) Q1 2025 Earnings Call May 01, 2025 05:30 PM ET Company Participants Patrick Gallagher, Jr - CEO & Chairman of The BoardDouglas K. Howell - CFOElyse Greenspan - Managing DirectorC. Gregory Peters - Managing Director - InsuranceKatie Sakys - US P&C Insurance, Senior AssociateAndrew Andersen - Equity Research Vice PresidentMeyer Shields - Managing Director Conference Call Participants Michael Zaremski - Managing Director & Senior Equity Research AnalystMark Hughes - AnalystDavid Monte ...

Exhibit 99.1 NEWS RELEASE ARTHUR J. GALLAGHER & CO. ANNOUNCES FIRST QUARTER 2025 FINANCIAL RESULTS ROLLING MEADOWS, IL, May 1, 2025 — Arthur J. Gallagher & Co. (NYSE: AJG) today reported its financial results for the quarter ended March 31, 2025. Management will host a webcast conference call to discuss these results on Thursday, May 1, 2025 at 5:30 p.m. ET/4:30 p.m. CT. To listen to the call, and for printer-friendly formats of this release and the "CFO Commentary" and "Supplemental Quarterly Data," which ...

Core Points - Arthur J. Gallagher & Co. declared a regular quarterly cash dividend of $0.65 per share on its Common Stock [1] - The dividend is payable on June 20, 2025, to stockholders of record as of June 6, 2025 [1] Company Overview - Arthur J. Gallagher & Co. is a global insurance brokerage, risk management, and consulting services firm [2] - The company is headquartered in Rolling Meadows, Illinois, and operates in approximately 130 countries worldwide [2] - Gallagher provides its services through owned operations and a network of correspondent brokers and consultants [2]

Core Insights - Arthur J. Gallagher & Co. has acquired New Zealand-based First Capital Financial Services and its affiliate First Capital Wealth Management, although the terms of the transaction were not disclosed [1] - First Capital provides wealth management, risk management, and employee benefits services to corporate clients and individuals in New Zealand, operating from Christchurch and Auckland [2] - The acquisition is expected to enhance Gallagher's benefits consulting capabilities in the region, aligning with the company's client-focused culture [3] Company Overview - Arthur J. Gallagher & Co. is a global insurance brokerage, risk management, and consulting services firm headquartered in Rolling Meadows, Illinois, operating in approximately 130 countries [3] - The company is led by J. Patrick Gallagher, Jr., who expressed enthusiasm about integrating First Capital's team into Gallagher's global operations [3]

Arthur J. Gallagher & Co. (AJG) is expected to register an improvement in its top and bottom lines when it reports first-quarter 2025 results on May 1, after the closing bell.The Zacks Consensus Estimate for AJG’s first-quarter revenues is pegged at $3.75 billion, indicating 16.4% growth from the year-ago reported figure.The consensus estimate for earnings is pegged at $3.57 per share. The Zacks Consensus Estimate for AJG’s first-quarter earnings has moved up 3.8% in the past 60 days. The estimate suggests ...

Core Points - Arthur J. Gallagher & Co. has completed the acquisition of Woodruff Sawyer, a San Francisco-based firm [1] - The acquisition was previously disclosed, indicating a strategic move to enhance Gallagher's service offerings [1] Company Overview - Arthur J. Gallagher & Co. is a global insurance brokerage, risk management, and consulting services firm headquartered in Rolling Meadows, Illinois [2] - The company operates in approximately 130 countries through owned operations and a network of correspondent brokers and consultants [2]

Core Points - Arthur J. Gallagher & Co. will release its first quarter 2025 earnings on May 1, 2025, after market close [1] - A conference call hosted by J. Patrick Gallagher, Jr., Chairman and CEO, will take place on the same day at 5:30 pm ET [1] - The conference call will be available for live broadcast on Gallagher's website, with a replay accessible approximately two hours after the live event [2] Company Overview - Arthur J. Gallagher & Co. is a global insurance brokerage, risk management, and consulting services firm headquartered in Rolling Meadows, Illinois [3] - The company operates in approximately 130 countries through owned operations and a network of correspondent brokers and consultants [3]

Core Insights - Arthur J. Gallagher & Co. (AJG) shares have increased by 29.1% over the past year, outperforming its industry, the Finance sector, and the Zacks S&P 500 composite [1][3] - The company has a market capitalization of $79.66 billion and is trading above the 200-day moving average, indicating a bullish trend [1] - AJG shares are trading at a price-to-book value of 26.17X, which is higher than the industry average of 21.66X, indicating a premium valuation [4] Growth Projections - The Zacks Consensus Estimate for AJG's 2025 earnings per share indicates a year-over-year increase of 12.4%, with revenues projected at $14.06 billion, reflecting a 23.6% improvement [5] - Earnings for AJG have grown by 20.4% over the last five years, surpassing the industry average growth of 15.2% [6] - AJG has a strong earnings surprise history, exceeding estimates in three of the last four quarters with an average surprise of 2.25% [7] Growth Strategies - The company is focused on both organic and inorganic growth, particularly in international markets, which is expected to contribute significantly to revenue [10][12] - AJG anticipates organic growth of 4% in 2025, with the risk management segment expecting growth in the 6-8% range [11] - Since 2002, AJG has acquired 725 companies, with a strong pipeline of over 100 companies representing about $1.5 billion in annualized revenues [13] Financial Position - AJG has a robust capital position, allowing for wealth distribution to shareholders through dividend increases and share repurchases, with an 8.3% dividend hike in Q1 2025 [14] - The company has experienced rising expenses due to higher compensation and operating costs, which have been impacting margins [14] Overall Assessment - AJG benefits from solid retention rates, improving renewal premiums, and both organic and inorganic growth strategies [15] - The Risk Management and Brokerage segments are expected to continue significant growth [15]

Core Insights - Arthur J. Gallagher & Co. has acquired Bircroft Insurance Services, a UK-based specialist insurance broker focused on the commercial real estate sector [1][2] - The acquisition aims to enhance Gallagher's property specialist capabilities in the UK market [2] Company Overview - Arthur J. Gallagher & Co. is a global insurance brokerage, risk management, and consulting services firm headquartered in Rolling Meadows, Illinois, operating in approximately 130 countries [2] - Bircroft will integrate into Gallagher's specialist real estate practice within its UK & Ireland Retail division [1]