Insurance & Technology News
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Willis Group has the Lowest Current Ratio in the Insurance Brokers Industry (WSH, AJG, AON, BRO, MMC)
Jan 07, 2013 (SmarTrend(R) News Watch via COMTEX) --
Below are the three companies in the Insurance Brokers industry with the lowest current ratios. Current ratio is useful to get an idea of how quickly a company can repay its short-term liabilities with its short-term assets. The higher the current ratio, the more capable the company is of paying its obligations.Willis Group ranks lowest with a a current ratio of 1.1. Arthur J Gallagher is next with a a current ratio of 1.1. AON ranks third lowest with a a current ratio of 1.1.
Brown & Brown follows with a a current ratio of 1.3, and Marsh & McLennan rounds out the bottom five with a a current ratio of 1.6.
SmarTrend recommended that subscribers consider buying shares of Marsh & McLennan on July 2nd, 2012 as our technology indicated a new Uptrend was in progress when shares hit $32.45. Since that recommendation, shares of Marsh & McLennan have risen 9.1%. We continue to monitor Marsh & McLennan for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Write to Chip Brian at cbrian@mysmartrend.com
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UPDATED 4:43 AM EST - May 24, 2013
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