BRO

Brown & Brown

Halal Rating :
Comfortable
Last Price $105.55 Last updated:
Market Cap $30.18b
7D Change 2.93%
1 Year Change 40.19%
Company Overview Use of Interest Company Impact Justification for our Halal Rating Recent News

Company Overview

Industries
  • Finance
  • Insurance
  • And Real Estate
  • Insurance
  • Insurance Agents
  • Brokers & Service
Exchange NYSE
Next Earnings Date Oct. 21, 2024

Brown & Brown, Inc. is one of the largest independent insurance brokerage firms in the United States. The company provides risk management solutions and insurance products to businesses, corporations, governmental institutions, professional organizations, trade associations, families, and individuals. Their services include property and casualty insurance, employee benefits insurance, personal insurance, and services related to insurance programs.

The company operates through four segments: Retail, National Programs, Wholesale Brokerage, and Services. Their business model focuses on insurance brokerage and risk management, earning commissions and fees from facilitating insurance coverage between insurance carriers and clients.

Use of Interest

Reporting Date Total Revenue Total Operating Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
June 30, 2024 $1.13b $49.0m $-49000000.0 $49.0m 4.34% 100.00%
March 31, 2024 $1.21b $48.0m $-48000000.0 $48.0m 3.97% 100.00%

Company Impact

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