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Inflation, from claims to reinsurance, keeps the gas on rates: Gallagher
Gallagher sees 9.6% rise in P&C rates to date in Q2, led by 14% gain for property.
Gallagher sees challenges in reinsurance renewals, more likely into 2023
Florida reinsurance renewals brought cases of 50% increases for loss impacted cedents.
Global MGA revenues to top $20bn by 2023; profits double at top 20
New report suggests global MGA market growth outpacing insurance broking sector.
Gallagher plucks Aon offshore energy guru in renewables team build-out
Gallagher leans on bespoke offshore background to stay ahead of curve in fast-moving sector.
Gallagher says Willis Re an ‘amazing story’, nailing it in just 5 months
Departures are ‘minimal to zero’, integration faster than planned, claims CEO.
Gallagher ups brokerage revenues 35% y/y, rates look unrelenting
‘Retail, wholesale or reinsurance, premiums are still increasing almost everywhere’.
Gallagher strengthens professional lines programmes with latest buy
The acquired firm will operate under its retail property/casualty brokerage operations.
Gallagher buys new specialty lines wholesale broker in US
The acquisition will expand its high-net-worth offerings in the Midwest region.
Gallagher snaps up UK-based Claims Settlement Agencies
The firm specialises in claims arising from corporate and personal travel.
Reinsurance renewals settle down for April deadline; capacity left untested
Inflation fears drive rates; pricing-savvy carriers rewarded for inflation-resiliency.
