BERLIN (dpa-AFX) - Arthur J. Gallagher & Co. (AJG), an insurance brokerage
firm, on Monday announced that it has acquired German insurance broker Koberich
Financial Lines.

The financial details of the transaction are not yet known.

'Koberich complements Gallagher's existing financial lines expertise and is an
excellent strategic fit as we continue to expand in Europe,' said J. Patrick
Gallagher, Jr., CEO of Arthur J. Gallagher.

On Friday, Arthur J. Gallagher shares closed at $225.28, down 0.27% on the New
York Stock Exchange.



Copyright(c) 2024 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX