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.
Reinsurers must adapt strategies to align with risk introduced by GLP-1 therapies: Gallagher Re
28th March 2025
Gallagher Re, a reinsurance brokerage and risk management services provider, has released a report on the impact of GLP-1 receptor agonists on medical trends and reinsurance. According to the report, as these therapies continue to reshape medical trends and insurance structures, reinsurance providers will need to adapt their strategies to align ... Read the full article
Gallagher Re estimates insured losses of up to $3bn from March US Tornado outbreak
21st March 2025
From March 13-16, 2025, intense weather conditions across parts of the US led to numerous hazards, with preliminary assessments from reinsurance broker Gallagher Re estimating insured losses between $1-3 billion, making it the year's first billion-dollar severe convective storm (SCS) event. Steve Bowen, Chief Science Officer at Gallagher Re, explained that ... Read the full article
Gallagher Re launches Cyber RAR Index, revealing 100% growth since 2020
5th March 2025
Reinsurance broker Gallagher Re has launched its Cyber Risk Adjusted Rating (RAR) Index, revealing that its value was 100% higher on January 1, 2025, compared to January 1, 2020. The Gallagher Re Cyber RAR Index is a measure of the change in reinsurance prices adjusted for expected changes to the underlying ... Read the full article
Gigleux joins Gallagher Re’s EMEA team as Senior Reinsurance Broker
3rd March 2025
Reinsurance broker Gallagher Re has announced the addition of Julie Gigleux to its Europe, the Middle East and Africa (EMEA) team as a Senior Reinsurance Broker. Gigleux will be part of the team serving the French, Belgium and Luxembourg markets as well as the Large and Complex client segment in the ... Read the full article
Gallagher Re strengthens APAC team with senior Aon hires
20th February 2025
Reinsurance broker Gallagher Re has announced the appointments of three senior Aon executives to its Asia Pacific (APAC) team, all based in Singapore. The new hires include Richard Jones, formerly CEO Reinsurance Asia at Aon, Kyung Won, formerly Executive Director, and Vinay Ananthanarayanan, previously Head of Production, Asia at the firm. Jones ... Read the full article
Collaboration needed to tackle rising nat cat losses: Vickers, Gallagher Re
14th February 2025
As reinsurers navigate the complexities of rising natural catastrophe losses, James Vickers, Chairman of Gallagher Re International, discusses their efforts to support primary insurers while emphasising the need for broader collaboration to ensure risks are managed and priced effectively. In a recent video interview with Reinsurance News, ... Read the full article
Global InsurTech funding fell to a seven-year low in 2024: Gallagher Re
13th February 2025
Global InsurTech funding fell to a seven-year low in 2024, declining 5.6% year-over-year from $4.51 billion in 2023 to $4.25 billion in 2024, according to a recent Gallagher Re report. This data is from Gallagher Re's Global InsurTech Report, the fourth and final instalment in its 2024 series on AI’s role ... Read the full article
Keeping high attachment points is key: Vickers, Gallagher Re
6th February 2025
In a recent video interview with Reinsurance News, James Vickers, Chairman of Gallagher Re’s International division, emphasised the importance of attachment points for reinsurers, particularly in the face of increasing frequency of non-peak catastrophe events. Vickers noted that while rate has historically been a primary focus, the ... Read the full article
Gallagher Re’s James Vickers to retire after 50-year career
4th February 2025
After a career of over 47 years, James Vickers, Chairman of reinsurance broker Gallagher Re’s International division, is to retire on May 31, 2025. In a new statement, Gallagher Re noted that Vickers has been an "ever-present" leadership figure, providing support for the firm's Japanese and International clients in the aftermath ... Read the full article
There are lingering questions about long-term profitability of casualty business: Vickers, Gallagher Re
28th January 2025
In a recent video interview with Reinsurance News, James Vickers, Chairman of Gallagher Re’s International division, discussed the current state of the casualty reinsurance market, addressing key issues like pricing and capacity constraints. Vickers pointed out that while improvements have been made in terms of ... Read the full article
Gallagher Re promotes Bryan Friendshuh to Branch Manager Tampa
24th January 2025
Reinsurance broker Gallagher Re has announced the promotion of Bryan Friendshuh as its new Tampa Branch Manager. In a recent update, Gallagher Re stated, “Bryan has been an integral part of our growth in Tampa, bringing an impressive 28 years of experience across all P&C lines of business. "Over the past 16 ... Read the full article
Reinsurers positioned reasonably well for 2025 after 1.1 renewals: Vickers, Gallagher Re
23rd January 2025
Speaking with Reinsurance News in a recent video interview, James Vickers, Chairman of reinsurance broker Gallagher Re's International division, said that after the January 1st renewals, reinsurers are well placed but the question for companies for the rest of the year is what they can do about growing their ... Read the full article
Annual insured nat cat losses of ~$150bn becoming the ‘new normal’: Gallagher Re
21st January 2025
With the annual average loss from natural catastrophes between 2017 and 2024 costing insurers $146 billion, Gallagher Re has suggested the 'new normal' for annual insured losses is approaching $150 billion. As per the broker's new Natural Catastrophe and Climate Report, the estimated total direct economic costs from global natural perils ... Read the full article
Munich Re’s Lüers joins Gallagher Re’s Global Credit, Surety, and Political Risk practice group
21st January 2025
Reinsurance broker Gallagher Re has announced the appointment of Karsten Lüers to its Munich office as Regional Director – Credit, Surety and Political Risk. Lüers is joining the company from Munich Re, where he served as Senior Underwriter for over two decades. “Karsten brings over 23 years of experience in the Credit, ... Read the full article
Aviation reinsurance market in good health but losses continue to weigh on sector: Gallagher
20th January 2025
Richard Sammons, Head of Aerospace at Gallagher Re, highlights that while the aviation reinsurance market appears to be in good health, the balance is far from a buyer’s market. Gallagher Re, a reinsurance broker specialising in risk management solutions, recently published Gallagher Specialty’s Plane Talking report - reinsurance, which provides an ... Read the full article
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