DAYTONA BEACH, Fla., July 29, 2024 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), Aquiline Capital Partners, Gijsbert van de Nieuwegiessen and the management ownership team of Quintes Holding B.V. ("Quintes"), today announced that the parties have entered into an agreement to acquire the Quintes insurance operations. The transaction is expected to close in the fourth quarter of 2024, subject to certain closing conditions, including the receipt of required r ...

On the transaction, Mike Bruce shared, "Gijsbert and the team at Quintes share our commitment to always doing what is best for customers, teammates and carrier partners. Their position as an industry leader in the Dutch market will further expand our international footprint and broaden the scope of our global capabilities." Gijsbert van de Nieuwegiessen stated, "After four successful years of strategic partnership with Aquiline, we have found a forever home in Brown & Brown. Quintes and Brown & Brown are li ...

Vancouver, British Columbia--(Newsfile Corp. - July 26, 2024) - Barksdale Resources Corp. (TSXV: BRO) ("Barksdale" or the "Company") is pleased to announce the closing of the second and final tranche ("Final Tranche") of its previously announced non-brokered private placement offering ("Offering") of units of the Company ("Units") with the issuance of 14,674,683 Units for gross proceeds of $2,201,202.45. The first tranche ("First Tranche") of the non-brokered private placement offering comprising 27,325,317 ...

What I would say is that, in any business, many times, you're going to have a handful, two handfuls, three handfuls depending on the number of businesses you have that are going to be leaders. And so I would say as a general statement, those which have been growing over an extended period of time, and I'm not talking about one, two, three years. I'm talking about over a long period of time, tend to be those that are driving growth. And I think that would be very consistent within other firms as well. But, y ...

Brown & Brown, Inc.'s (BRO) second-quarter 2024 adjusted earnings of 93 cents per share beat the Zacks Consensus Estimate by 6.8%. The bottom line increased 17.7% year over year. The quarterly results reflected improved organic revenues, expanded EBITDAC margin and increased net investment income, offset by higher expenses. Total revenues of $1.2 billion beat the Zacks Consensus Estimate by 3.3%. The top line improved 12.5% year over year. The upside can be primarily attributed to commission and fees, which ...

Brown & Brown (BRO) reported $1.18 billion in revenue for the quarter ended June 2024, representing a yearover-year increase of 12.5%. EPS of $0.93 for the same period compares to $0.68 a year ago. View all Key Company Metrics for Brown & Brown here>>> Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Revenues- Commissions and fees: $1 ...

This quarterly report represents an earnings surprise of 6.90%. A quarter ago, it was expected that this insurance company would post earnings of $1.07 per share when it actually produced earnings of $1.14, delivering a surprise of 6.54%. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. While Brown & Brown has outperformed the market so far this year, the ques ...

Brown & Brown, Inc., a Florida corporation, and its subsidiaries (collectively, "Brown & Brown" or the "Company") is a diversified insurance agency, wholesale brokerage, insurance programs and service organization that markets and sells insurance products and services, primarily in the property, casualty and employee benefits areas. Brown & Brown's business is divided into three reportable segments. The Retail segment provides a broad range of insurance products and services to commercial, public and quasip ...

Exhibit 99.1 Brown & Brown, Inc. announces second quarter 2024 results, including total revenues of $1.2 billion, an increase of 12.5%; Organic Revenue growth of 10.0%; diluted net income per share of $0.90; and Diluted Net Income Per Share - Adjusted of $0.93 DAYTONA BEACH, Fla., July 22, 2024 - Brown & Brown, Inc. (NYSE:BRO) (the "Company") announced its unaudited financial results for the second quarter of 2024. Revenues for the second quarter of 2024 under U.S. generally accepted accounting principles ( ...

Revenues for the second quarter of 2024 under U.S. generally accepted accounting principles ("GAAP") were $1.2 billion, increasing $131 million, or 12.5%, compared to the second quarter of the prior year, with commissions and fees increasing by 11.4% and Organic Revenue increasing by 10.0%. Income before income taxes was $346 million, increasing 36.2% from the second quarter of the prior year with Income Before Income Taxes Margin increasing to 29.4% from 24.3%. EBITDAC - Adjusted was $420 million, increasi ...