Moody’s rates Arthur J. Gallagher Baa2

Moody's Investors Service said it assigned a Baa2 long-term issuer rating to Arthur J. Gallagher & Co.

“Gallagher's rating reflects its strong U.S. and international market presence in insurance brokerage and risk management services; its good diversification across product lines, client types and geographic regions; and its healthy profit margins and free cash flow, according to Moody's,” the agency said in a press release.

Moody's also assigned a stable rating outlook.

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