Reinsurance News
Gallagher Re
Gallagher Re is the reinsurance broking arm of the Gallagher group, providing reinsurance related intermediary services to insurers, reinsurers and clients.
Read all of our Gallagher Re reinsurance news below.
Effective cycle management critical to navigating volatility: Gallagher Re’s Wakefield
3rd September 2025
Gallagher Re’s CEO, Tom Wakefield, has highlighted robust global reinsurance capital and manageable loss ratios as the market heads towards the 67th edition of the Rendez-Vous de Septembre (RVS) in Monte Carlo this week, emphasising that effective cycle management will be critical for navigating volatility and sustaining profitability in an ... Read the full article
Continued reinsurance capital growth hinges on sustained profitability: Gallagher Re
2nd September 2025
Global reinsurance capital has climbed to a record $805 billion and is set to grow a further 8% this year on the back of retained earnings, but despite the rising capacity, pricing momentum remains tied to structural profitability rather than new inflows, with sector returns still running at nearly ... Read the full article
Gallagher Re to enhance APAC footprint with acquisition of Steadfast Re
2nd September 2025
Global reinsurance broker Gallagher Re has further invested in the Asia Pacific region by agreeing to acquire Sydney, Australia-based reinsurance broking firm Steadfast Re Pty Limited. Terms of the deal, which is expected to close in the final quarter of this year, were not disclosed. The acquisition is a reflection of Gallagher ... Read the full article
Global reinsurance capital rises to new high of $805bn: Gallagher Re
2nd September 2025
At the halfway point of 2025, global reinsurance industry capital hit a new high of $805 billion, reflecting growth of 4.8% from the end of 2024, as the underlying return on equity (ROE) of a subset of 16 reinsurers reduced but remained healthy at 12.6%, according to reinsurance broker Gallagher ... Read the full article
Gallagher Re names Xander Georgetti as Executive Director, Specialty Lines UK
28th August 2025
Global reinsurance broker Gallagher Re has announced the appointment of Xander Georgetti as Executive Director within its Specialty Lines UK team. In his new role, Georgetti will be responsible for the production and placement of Credit, Surety, and Political Risk business, focusing on both UK and global clients. He joins Gallagher Re ... Read the full article
Gallagher Re appoints Dave Brune as EVP, Program Solutions
8th August 2025
Gallagher Re, a reinsurance broker and advisor, has recently announced the appointment of Dave Brune as Executive Vice President (EVP) within its Program Solutions division. In this role, Brune will be responsible for shaping and executing the firm's North American programs strategy. He will focus on delivering efficient solutions to insurance carriers ... Read the full article
Property reinsurers must commit to AI investment to drive future growth: Gallagher Re
7th August 2025
Gallagher Re’s recent Global InsurTech Report highlights AI’s potential to make property re/insurance more data-driven, responsive, and profitable, but achieving this requires reinsurers to commit to investing in AI, including building robust data infrastructure capable of handling vast and varied datasets. Within the report, Freddie Scarratt, Global Deputy Head of InsurTech ... Read the full article
Almost $61bn has been raised and invested in InsurTechs since 2012: Gallagher Re
7th August 2025
As per a new report from reinsurance broker Gallagher Re, around $60.8 billion has been raised and invested in InsurTech firms since its records began in 2012, with around 25% directed toward AI-focused companies. Report author and Gallagher Re’s Global Head of InsurTech, Andrew Johnston, noted that while $60 billion represents ... Read the full article
Gallagher Re hires Lockton Re’s Apostolides as Head of Casualty, NA
5th August 2025
Global reinsurance broker Gallagher Re has announced the appointment of Emily Apostolides as Head of Casualty, North America (NA). Apostolides has extensive experience in the Property and Casualty (P&C) treaty space, specialising in specialty casualty and financial lines. She has worked with a wide range of clients to develop, design and place ... Read the full article
Gallagher Re appoints Mark Braithwaite as Chief Commercial Officer, NA
30th July 2025
Global reinsurance broker Gallagher Re has announced the appointment of Mark Braithwaite from Lockton Re as Chief Commercial Officer, North America (NA). In this role, Braithwaite will play a key part in shaping the strategic direction of Gallagher Re’s North American business and will focus on aligning the company’s regional products ... Read the full article
Gallagher Re structures and places $16m multi-peril parametric policy for SEADRIF and Lao PDR
18th July 2025
Reinsurance broker Gallagher Re, on behalf of the Southeast Asia Disaster Risk Insurance Facility (SEADRIF Insurance Company), has structured and placed a re/insurance programme for the government of Lao PDR. The two-year policy expands the original 2021 flood-only placement to include additional perils such as typhoons, earthquakes, and landslides. It was ... Read the full article
Coface receives “in principle approval” to establish short term trade credit syndicate at Lloyd’s
16th July 2025
Trade Credit insurer Coface has received "in principle approval" from the Lloyd's marketplace to establish Syndicate 2546, a new short term trade credit syndicate, which will be managed by Apollo Syndicate Management. Coface Lloyd’s Syndicate 2546 is expected to begin underwriting in 2025 and enables the trade credit insurer to provide ... Read the full article
US nat cat activity drives $84bn global insured losses in H1’25: Gallagher Re
16th July 2025
Global insured losses reached $84 billion in the first half of 2025 — 55% higher than the decadal average and the highest H1 total since 2011 ($136 billion) — driven largely by US activity, according to a recent report by reinsurance broker Gallagher Re. The report found that 92% of all ... Read the full article
ABIR announces Gallagher Re as its newest member
16th July 2025
The Association of Bermuda Insurers and Reinsurers (ABIR) has added Gallagher Re, a global reinsurance broker, to its list of member companies. Gallagher Re is part of Gallagher, an insurance brokerage, risk management, and consulting group. The reinsurance division employs around 2,400 people across 30 countries. Gallagher has operated in Bermuda since ... Read the full article
US insurers tackle casualty challenges through underwriting & claims improvements: Gallagher Re
4th July 2025
U.S. property and casualty (P&C) insurers, particularly those exposed to long-tail casualty lines, are continuing to take proactive steps to address profitability challenges by refining underwriting strategies and enhancing claims management practices in an effort to mitigate adverse loss trends and improve future performance, according to reinsurance broker Gallagher Re. Nonetheless, ... Read the full article
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