This Morning's Technical Outlook on Insurance Stocks -- Aon PLC, Arthur J. Gallagher, Brown & Brown, and Marsh & McLennan
Apr 19, 2018, 06:40 ET
NEW YORK, April 19, 2018 /PRNewswire/ --
WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on AON, AJG, BRO, and MMC which can be accessed for free by signing up to www.wallstequities.com/registration. Featured today on WallStEquities.com are four Insurance Brokers companies, particularly, Aon PLC (NYSE: AON), Arthur J. Gallagher & Co. (NYSE: AJG), Brown & Brown Inc. (NYSE: BRO), and Marsh & McLennan Cos. Inc. (NYSE: MMC). The global Insurance Brokers and Agencies industry sells a myriad of insurance products on behalf of insurers to businesses, households, government agencies, and other insurers. These insurance policies include commercial and personal property and casualty, health and medical, and life and accident insurance, as well as annuity products. All you have to do is sign up today for this free limited time offer by clicking the link below.
London, the UK headquartered Aon PLC's shares gained slightly 0.08%, closing Wednesday's trading session at $144.20. The stock recorded a trading volume of 652,822 shares. The Company's shares have advanced 5.64% over the previous three months and 21.32% over the past year. The stock is trading 2.12% above its 50-day moving average and 2.55% above its 200-day moving average. Additionally, shares of Aon, which provides risk management services, insurance and reinsurance brokerage, and human resource consulting and outsourcing services worldwide, have a Relative Strength Index (RSI) of 59.02.
On April 10th, 2018, Aon announced that the Company and HP are launching a holistic solution for customers that includes hardware-level security protection, comprehensive risk assessment and remediation, rapid incident response, and options for enhanced cyber insurance coverage. The solution will be available through the HP Device as a Service offering, which provides multi-OS device management support and advanced analytics and proactive management capabilities. Get the full research report on AON for free by clicking below at: www.wallstequities.com/registration/?symbol=AON
Arthur J. Gallagher
On Wednesday, shares in Rolling Meadows, Illinois headquartered Arthur J. Gallagher & Co. recorded a trading volume of 844,475 shares. The stock rose 0.24%, ending the day at $69.82. The Company's shares have advanced 9.01% in the previous three months and 24.59% over the past year. The stock is trading above its 50-day and 200-day moving averages by 1.69% and 9.77%, respectively. Furthermore, shares of the Company, which together with its subsidiaries, provides insurance brokerage, consulting, and third-party claims settlement and administration services to entities in the US and internationally, have an RSI of 56.17.
On March 29th, 2018, Arthur J. Gallagher announced the acquisition of McGregor & Associates in San Diego, California. The latter is a health benefits administrator serving public and private sector clients throughout the state of California. Terms of the transaction were not disclosed. AJG's complimentary research coverage is a few simple steps away at: www.wallstequities.com/registration/?symbol=AJG
Brown & Brown
Daytona Beach, Florida headquartered Brown & Brown Inc.'s stock finished the day 0.23% lower at $26.25 with a total trading volume of 528,870 shares. The Company's shares have advanced 24.03% over the past year. The stock is trading above its 50-day and 200-day moving averages by 1.25% and 6.79%, respectively. Additionally, shares of the Company have an RSI of 57.92.
On March 30th, 2018, Brown & Brown announced that it will release its Q1 2018 earnings on April 23rd, 2018, after the close of the market. J. Powell Brown, President and CEO, and R. Andrew Watts, Executive Vice President and CFO, will host a live conference call on April 24th, 2018, at 8:00 a.m. EDT to discuss the results. Register for your free research report on BRO at: www.wallstequities.com/registration/?symbol=BRO
Marsh & McLennan
New York headquartered Shares in Marsh & McLennan Cos. Inc. ended yesterday's session 0.14% lower at $83.91. The stock recorded a trading volume of 1.35 million shares. The Company's shares have advanced 2.92% over the previous three months and 15.55% over the past year. The stock is trading 1.49% and 2.68% above its 50-day and 200-day moving averages, respectively. Moreover, shares of the Company have an RSI of 57.27.
On April 10th, 2018, Mercer, a wholly owned subsidiary of Marsh & McLennan, has named Sunit Patel as Chief Actuary, US Health. Mr. Patel will be responsible for developing the actuarial/financial strategy and vision for the Company's Health business. He will be based in New York and will report to Jean Moore, US Health Specialty Practice Leader. Wall St. Equities' downloadable research report on MMC available at: www.wallstequities.com/registration/?symbol=MMC
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