Arthur J. Gallagher's 2013 third-quarter net earnings increased to $74.6 million compared to $61.7 million a year ago as a $185.4 million jump in revenues more than offset a $176.2 million increase in expenses.
Total revenues for the quarter were $835.8 million. Brokerage-segment revenues increased from $479.7 million in 2012's third quarter to $546.3 million, while risk-management segment revenues were up slightly to $149.7 million compared to $142.2 million a year ago.
Net earnings for the brokerage segment increased to $61.2 million in 2013's third quarter compared to $49.6 million a year ago, while net earnings were unchanged at $11.1 million for the risk-management segment.
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