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Gallagher Re
21 January 2025 Estimated total economic cost of natural disasters was $417bn, says broker.
14 January 2025
13 January 2025
Latest Features
Insurance
Customised D&I initiatives, along with active leadership involvement, are paving the way for a more inclusive future in the insurance industry, says David Martin of Gallagher.
Insurance
Clients have done a lot to track and combat the inflationary pressure of claims on property insurance, with some using buying power to lower costs, says Dirk Spenner, managing director of Gallagher Re.
Insurance
There were sober and disciplined renewals in Asia-Pacific despite chaotic world events. After continually fighting fires since the COVID-19 pandemic hit, however, the key question may be how the market will respond to a period of calm.
Insurance
Renewals in the region were disciplined and perhaps even dull, but the diversity of the countries and differing lines means that drama is never far away. Capacity, as ever, is key, says an Intelligent Insurer panel.
Insurance
The cyber insurance market remains one of the fastest-growing lines of business for carriers—and it remains set to become as large as the P&C sector.
Insurance
There has been increasing litigation in the D&O market and the exit of some big players, leading to a hardening of rates. Gallagher managing director David Ritchie spoke to Intelligent Insurer about how pessimism in this space may be too soon.
Insurance
While perhaps the most fraught negotiations were over property cat during the 1/1 renewals in Europe, casualty and specialty lines also had their areas of contention. As with property, the outcomes for insurers varied widely, said an Intelligent Insurer panel.
Insurance
Plentiful capacity didn’t save cedants from rising rates, and reinsurers showed discipline at the 1/1 renewals. But cedants saw wildly different outcomes, an Intelligent Insurer panel heard.
More News
10 January 2025 The appointee boasts 40+ years of experience including previous roles at Aon and Chubb.
3 January 2025 Softening markets, excess capacity, and the big takeaways from this year’s 1/1 renewals.
3 January 2025 April renewals in Japan to test reinsurers’ ability to balance growth with attractive ratings.
2 January 2025 US casualty saw constrained capacity despite market improvement.
2 January 2025 The deals follow three others made after its $13.6bn AssuredPartners deal.
20 December 2024 The appointee will build a multi-class servicing team for complex (re)insurance programmes.
20 December 2024 It has since snapped up a benefits broker, a personal lines agency, and niche insurer.
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