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.
Total reinsurance capital reached new high of $769bn in 2024: Gallagher Re
8th April 2025
Total dedicated reinsurance capital increased by 5.4% during 2024 to a new high of $769 billion, driven by growth in both traditional and alternative capital, according to reinsurance broker Gallagher Re. The broker's full-year 2024 reinsurance market report, which tracks the capital and profitability of the global reinsurance sector, dissects another ... Read the full article
Gallagher Re appoints Thomas Dubecq as Head of International Regional Retro
7th April 2025
Reinsurance broker Gallagher Re has announced the appointment of Thomas Dubecq as Head of International Regional Retro. Dubecq joins Gallagher Re from Guy Carpenter, where he spent the past five years, most recently serving as Chairman, Africa, overseeing the development of the company's footprint in Africa alongside colleagues from MMC Group. Before ... Read the full article
Japan’s cyber insurance market continues to grow amid flat reinsurance demand: Gallagher Re
3rd April 2025
The Japanese cyber insurance market continues to grow, albeit at a slower pace compared to previous years, driven by the increasing number of policyholders, according to reinsurance broker Gallagher Re’s recent market analysis. Gallagher Re's April 1 renewal report shows that overall, the global reinsurance market showed increased capacity and ... Read the full article
Casualty (GTPL) in Japan remained a challenging class at April 1 renewals: Gallagher Re
2nd April 2025
Casualty General Third Party Liability (GTPL) in Japan at the April 1st, 2025, reinsurance renewals remained a challenging class of business, with excess-of-loss programmes with no loss emergence experiencing flat rates to up 5%, according to reinsurance broker Gallagher Re. In a recent report, Gallagher Re noted that cedents' significant efforts ... Read the full article
Gallagher Re appoints Michael Pickel as Executive Chair for DACH and Italy
1st April 2025
Gallagher Re has announced the appointment of Dr. Michael Pickel as Executive Chair for DACH and Italy, where he will work together with the leadership teams in both regions. Pickel brings a total of 36 years in the reinsurance industry, representing a unique set of skills and expertise to strengthen Gallagher ... Read the full article
‘Accelerated softening’ at April 1 renewals with more capacity and optionality, says Gallagher Re
1st April 2025
Headline reinsurance rate changes in Japan at the April 1st renewals show "accelerate softening" when compared to the major international renewals at January 1st, with more capacity and optionality for buyers a clear trend, as traditional capital hit a new high of $655 billion, according to reinsurance broker Gallagher Re. After ... Read the full article
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
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