Gallagher Re
Gallagher Re is one of the world's largest reinsurance brokers and advisory firms, operating across the risk and capital spectrum and is part of the Gallagher group. Originally founded in 2013 as the co-venture ‘Capsicum Re’ with Gallagher, the business grew rapidly and became wholly owned by Gallagher in 2020. In December 2021, the transformational acquisition of Willis Re was completed, making Gallagher Re the world’s 3rd largest reinsurance broker with a team of over 2,400 colleagues trading from more than 70 offices across 31 countries including all the key global reinsurance hubs of North America, Europe, and Asia.
See below for the Latest Gallagher Re News, Analysis, Profit Results, Share Price Information, and Commentary.
Only 9.1% of Asia's economic losses insured in 2024
Only 9.1% of Asia's economic losses insured in 2024
The five-year average for insured losses was $11b.
5 days ago
Renewals in Vietnamese reinsurance varied: Gallagher Re
The market continued to depend on proportional treaties for capacity.
Cyber reinsurance market sees increased competition: Gallagher Re
Discussions around cyber war, a 2024 hot topic, was less this year.
Taiwan reinsurance prices stay moderate despite forecasts
The availability of catastrophe capacity remained strong, Gallagher Re said.
Gallagher Re names new chief claims officer
He has more than 20 years of experience.
Rate pressure continues in aviation insurance: Gallagher Re
The Jeju Airline loss calls for revising airline insurance pricing.
New reinsurers enter Korea’s property treaty market, says Gallagher Re
Competition was more intense for excess of loss placements compared to pro rata.
Indonesia sees abundant reinsurance capacity from domestic, overseas insurers: Gallagher Re
Accounts that were free of catastrophe losses in 2023 and 2024 saw risk-adjusted rate reductions.
Losses from large fire, Typhoon Yagi hit China's proportional treaty results
Loss-free treaties benefitted from notable risk-adjusted reductions, Gallagher Re said.
Abundant reinsurance capital eases costs for ANZ property risks: Gallagher Re
Reinsurer quotations were closely aligned with fewer outliers compared to previous years.
APAC reinsurance sees rate reductions: Gallagher Re
Pricing also softened in smaller Southeast and North Asian markets.
Reinsurers set to achieve sub-90% combined ratios: Gallagher Re
The property catastrophe market saw reduced risk-adjusted pricing.
Gallagher Re launches global tropical cyclone research consortium
Tropical cyclones have caused $710b in insured losses globally since 2000.
APAC emerges as leader in renewables insurance
RE is projected to account for 45% of global electricity generation by 2030.
Japanese insurers double down on tech to weather disaster risks
Industry players are relying on data analytics to improve risk management.
Q3 insurtech investments reach $1.38b, highest since 2023
63.4% of Q3 2024 deals are directed at AI-centered insurtechs.
APAC sees rising demand for cyber, EV insurance
Motor insurance remains the largest non-life segment, representing 41% of premiums.
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Awards
Jul
08
Events
Event News
Highlighting its innovative approach to the ageing population, digital transformation, and international insurance market leadership.
Commentary
Ageing populations and rising mortality main concerns for life insurers and reinsurers