Gallagher Re

21 March 2024   Gallagher Re sees ‘increased demand for cover being met with adequate supply’ through ‘24.

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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.
Insurance
The D&O market has been a tough one in recent years. But are times changing? A Re/insurance Lounge panel debated the topic.
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7 February 2024   The broker has named EMEA managing director after new international CEO.
1 February 2024   He will take over from Tony Melia, who is retiring after over 40 years.
29 January 2024   Casualty doesn’t likely require a single-step catch up on rates like in property in 2023.
19 January 2024   Prior slowdowns show brokers can handle recession or soft market, just not both at once.
19 January 2024   The New Hampshire-based agency specialises in P&C, surety commercial and personal lines.
17 January 2024   Secondary perils take over: 2023 is first year of $100bn in losses without a $10bn event.
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