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.
Phoenix Mills secures India’s first pandemic business cover
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.
Reinsurance capital rises 5.4% to $769b on 2024 gains
Traditional reinsurance capital is projected to grow by 6% in 2025.
Gallagher Re sees increased capacity, flexibility for reinsurance buyers
Many reinsurers also anticipate double-digit returns on equity in 2025.
Gallagher Re launches index to track reinsurance pricing
It will report on pricing trends for Aggregate Excess of Loss reinsurance.
Global insurtech funding hits seven-year low in 2024
Australia was one of the markets with the largest share decrease.
Cyber ILS market taps $750m for expanding insurance
Cyber insurance market is expected to more than double in size over the next decade.
Only 9.1% of Asia's economic losses insured in 2024
The five-year average for insured losses was $11b.
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.
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Claims delays reshape customer loyalty patterns in Indonesia insurance sector.
