Arthur J. Gallagher saw fourth-quarter net earnings jump to $60 million, compared to $33.5 million in 2012's fourth quarter, as revenues increased to $890.2 million for the quarter, compared to $673.2 million for the same period in 2012.
The brokerage segment saw a 22% increase in revenues to $592.7 million. Net earnings in the segment were $50.5 million, up from $31.5 million in 2012's fourth quarter.
In AJG's risk-management segment, revenues were $151.5 million in 2013's fourth quarter, compared to $144.8 million for the same period in 2012. Net earnings were down slightly to $8.7 million compared to $8.9 million in 2012's fourth quarter.
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