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.
Malaysia flood cover drops to 0.25% as hazard risk intensifies
Malaysia flood cover drops to 0.25% as hazard risk intensifies
Insurers warn exposure may now be scaling faster than premium income.
Japan motor cover buckles as 60% loss ratio erodes margins: Gallagher Re
Motor lines account for around 47% of gross written premiums, amplifying the 2024 deterioration.
Can Indonesian insurers sustain 20% to 40% growth targets?
The non-life insurance market slowed significantly in 2024 with GWP rising 6%.
India insurance market to rank sixth globally
The government is also moving towards allowing 100% foreign ownership in insurance.
How stable is Hong Kong’s insurance market?
Hong Kong saw $13.1b (HK$100.5b) in general insurance gross premiums for 2024.
China’s non-life insurance market shifts focus toward specialty lines in 2024
Motor insurance remains the largest segment at about 54% of premiums.
Australia’s non-life insurers sustain profit with firm reinsurance terms
The sector also remains dominated by IAG, Suncorp, QBE and Allianz.
Property and health lines drive Asia’s insurance growth trends
Property insurance remains a major segment in Singapore.
Why APAC insurance growth is losing momentum this year
Insurers are being urged to balance growth with capital discipline.
Phoenix Mills secures India’s first pandemic business cover
The parametric insurance policy was launched by New India Assurance.
Global natural catastrophe losses keep insurers within budgets this year
In Asia, monsoon flooding and localised storm losses were main events of the year.
Reinsurance capital expected to rise 8% through 2025: Gallagher Re
Reinsurers will also maintain strong profitability this year.
Globally insured losses highest since 2011
But the total global economic losses stood at $151b, lowest since H1 2021.
Property and casualty insurtechs raise $1.13b in Q1 2025
Since 2012, over $60b has been invested in insurtech companies.
Non-life ILS market hits $49.1b in cat bond capacity by April: Gallagher Re
Non-life ILS capacity has increased nearly 480% since 2010.
Gallagher Re sees increased capacity, flexibility for reinsurance buyers
Many reinsurers also anticipate double-digit returns on equity in 2025.