Gallagher Re
Gallagher Re is one of the world's largest reinsurance brokers and advisory firms, operating across the risk and capital spectrum and is part of the Gallagher group. Originally founded in 2013 as the co-venture ‘Capsicum Re’ with Gallagher, the business grew rapidly and became wholly owned by Gallagher in 2020. In December 2021, the transformational acquisition of Willis Re was completed, making Gallagher Re the world’s 3rd largest reinsurance broker with a team of over 2,400 colleagues trading from more than 70 offices across 31 countries including all the key global reinsurance hubs of North America, Europe, and Asia.
See below for the Latest Gallagher Re News, Analysis, Profit Results, Share Price Information, and Commentary.
2024 insured losses exceed decade average at $108b
Total economic losses for the first three quarters reached ~$280b.
2024 insured losses exceed decade average at $108b
Total economic losses for the first three quarters reached ~$280b.
Australia leads APAC in cyber insurance uptake
Demand for cyber insurance in the region is growing at nearly 50% annually.
Cyber insurance demand rises in APAC's emerging markets
APAC cyber insurance market is growing at nearly 50% annually.
Can renewable energy growth continue amidst rising insurance risks?
Alternative energy assets often lack the quality needed for long-term sustainability.
Reinsurance capital hits $766b, up 5.4%
Return on equity remained strong at 19.6%.
Global NatCat drive $61b in insured losses in H1 2024
The region accounted for 6% of the total.
Reinsurers gain confidence with improved loss ratios
Some exceeded a 20% return on equity (ROE) in the first quarter.
Insurers hold 9% to 12% in commercial real estate investments globally
China, whilst strong in absolute terms, is weak relatively.
SEADRIF selects Gallagher Re as broker
Gallagher Re will provide SEADRIF products and business advise.
Gallagher Re calls for nuanced view of PE-backed reinsurers
Critics warn of short-term profit strategies risking stability and trust.
Reinsurers adopt risk-on strategy, boost capacity – Gallagher Re
Japanese catastrophe excess of loss programs showed consistent quoting.
Gallagher Re reels new head of cyber for APAC
Sie Liang Lau holds more than two decades of experience in the industry.
Increased competition expected in Asia's property insurance market: Gallagher Specialty
Singapore dominates the offshore insurance coverage market.
Insurtech funding landslides in 2023 to $4.5b
P&C and L&H both saw double-digit contractions.
Excess of loss pricing in APAC reverts to pre-2023 levels amid market stabilisation
The renewal season reflects significant changes in market conditions compared to the previous year.
Gallagher Re promotes Mark Hansen to COO role
He was previously COO of the North America segment.
Global insurtech investments impress Q3 expectations: Gallagher Re
P&C insurtech investment mainly pushed the quarter’s growth.
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Insurers need cultural overhaul in digital push
![Insurers need cultural overhaul in digital push]()
Digitalisation seeks to simplify processes, not complicate things.
Digitalisation seeks to simplify processes, not complicate things.
