2024-01-27 00:40:56 ET
Summary
- Brown & Brown is experiencing robust growth in the insurance industry due to rate increases and strong acquisitions.
- The company's M&A strategy focuses on strengthening their core business and expanding their international presence.
- Brown & Brown's recent financial review shows solid organic revenue growth and a strong balance sheet, supporting their growth outlook.
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Brown & Brown: Premium Rate Increases Boosting Revenue Growth; Initiate With 'Strong Buy'