Reinsurance News

Gallagher

Gallagher is an insurance and reinsurance broking group, as well as having advisory and consulting capabilities. The reinsurance broking arm is named Gallagher Re.

Read all our Gallagher insurance or reinsurance news and analysis below.

Gallagher names Bassett and Brookes as CEOs within Specialty arm

17th December 2024

Insurance and reinsurance broker Gallagher has appointed Paul Bassett as CEO of Crisis Management and Simon Brookes as CEO of Financial Lines within its Specialty division, both reporting to Jonathan Turner, CEO of Gallagher Specialty. Julian Wallers, who previously served as CEO of Financial Risks, overseeing both teams, has chosen to ... Read the full article

Gallagher to acquire AssuredPartners for $13.45bn

9th December 2024

Arthur J. Gallagher & Co. today announced it has signed a definitive agreement to acquire AssuredPartners, a US insurance broker with client capabilities across commercial property/casualty, specialty, employee benefits and personal lines, for a gross consideration of $13.45 billion from GTCR. The transaction is considered the largest sale of a US ... Read the full article

Gallagher welcomes Neil Clutterbuck as Non-Exec Director

28th November 2024

Neil Clutterbuck has been appointed as the Chair of Pen Underwriting and an Independent Non-Executive Director of Arthur J Gallagher Holdings (UK) Limited, subject to regulatory approval. Clutterbuck brings a wealth of experience to his new position, having spent nearly two decades at Allianz in various senior management and executive roles. ... Read the full article

Gallagher expands marine P&I team with key appointments

25th November 2024

Insurance and reinsurance broking group Gallagher has expanded its marine P&I team with several key appointments. James Giles has been named Divisional Director. In his new role, he will be seconded to Gallagher Singapore, where he will work with the firm’s clients, support new regional offices, and focus on expanding its ... Read the full article

Gallagher hires Richardson as energy risk engineer to support oil & gas value chain

30th October 2024

Insurance and reinsurance broking group Gallagher has appointed Darren Richardson as an energy risk engineer to support the oil and gas value chain operations. From what Reinsurance News understands, in his new role, Richardson will also be responsible for supporting Gallagher’s clients that are looking to transition to more sustainable technologies ... Read the full article

Gallagher & Artex launch alternative risk management services in Abu Dhabi

28th October 2024

Gallagher has further expanded its services with the launch of alternative risk management solutions in the Abu Dhabi Global Market (ADGM) through its wholly-owned subsidiary, Artex. This expanded suite of solutions available to clients leverages the expertise of ACE Gallagher's risk professionals, further strengthening their support for businesses across the Middle ... Read the full article

Gallagher expands upstream energy team with three senior appointments

8th October 2024

Insurance and reinsurance broking group Gallagher has announced three senior appointments in its upstream energy division to support its expanding client base. Darren Jones has been named Executive Partner, bringing over 20 years of experience in energy broking. He joins from Miller, where he served as Upstream Energy Account Executive. Previously, ... Read the full article

Gallagher names Simon Collings Chief Broking Officer

2nd October 2024

Simon Collings has been appointed to the newly created executive role of Chief Broking Officer for Gallagher, subject to regulatory approval, and will report to Michael Rea, the broker’s Chief Executive Officer in the UK. Joining the UK executive team, Collings will lead and develop the broking strategy for Gallagher in ... Read the full article

Nina Duft joins Gallagher as CFO and COO for Europe

23rd September 2024

Gallagher UK has announced the appointment of Nina Duft in the joint role of Chief Finance Officer (CFO) and Chief Operations Officer (COO) for Europe. Duft is an experienced finance professional with a strong track record in financial reporting, financial planning and financial controls, as well as business strategy. The executive is ... Read the full article

Gallagher launches specialty business in Bermuda with Jasmine DeSilva as MD

12th September 2024

Gallagher has launched a new business in Bermuda to provide specialty insurance solutions, aiming to expand its presence and capitalise on growth opportunities. Gallagher already has a strong client base in Bermuda, alongside its treaty reinsurance operations and alternative risk management business, Artex. The new business will offer insurance and risk management ... Read the full article

Gallagher hires Aon’s Bruce Dettling to lead global mining and heavy industry practice

29th August 2024

Bruce Dettling has been appointed to the role of Global Head of Mining and Heavy Industry for Gallagher, where he will be responsible for leading the firm's global specialist practice with teams based in the UK, Latin America, Canada and Australia. Dettling, who is set to join Gallagher in November, will ... Read the full article

Gallagher expands European cyber leadership with latest senior hire

30th July 2024

Gallagher has appointed Aldo Borsani as the Head of Cyber for Europe, where he will enhance the insurance and reinsurance broker's products and services, collaborate with existing clients and teams across Europe, and lead new business growth. Borsani brings nearly ten years of experience from Chubb, where he most recently served ... Read the full article

Property reinsurance rate rises moderating, casualty seeing large increases: Gallagher

26th July 2024

While property reinsurance renewals experienced modest price declines at the mid-year renewals, casualty classes saw the greatest renewal premium increases, which could keep advancing, broker Gallagher has observed. Talking about the reinsurance market and mid-year renewals following the release of its second quarter of 2024 financial results, J. Patrick Gallagher Jr, ... Read the full article

Gallagher sees Q2 revenue of $2.73bn as net earnings improve

26th July 2024

Arthur J. Gallagher has revealed that its revenue in Q2 of 2024 stood at $2.73 billion, up from £2.4 billion in Q2 of 2023, driven by strong performance in its brokerage segment. Of this total revenue before reimbursements figure, Gallagher's brokerage segment made up $2.37 billion, while its risk management segment ... Read the full article

Arthur J. Gallagher appoints Richard Harries to Board of Directors

25th July 2024

Veteran Richard Harries has been appointed to insurance and reinsurance broker Arthur J. Gallagher & Co.'s Board as a new Director. Harries has more than 35 years of insurance industry experience in the UK and other highly regulated markets and has experience growing businesses as an operational leader. He most recently served ... Read the full article