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Total global reinsurance capital shrinks 12% to $638bn in 2022:Gallagher Re report

Total global reinsurance capital shrinks 12% to $638bn in 2022:Gallagher Re report

by AIP Online Bureau | Apr 6, 2023 | International News, Non-Life, Reinsurance

The drop in capital was driven by a decline in the value of investments. There was also a conspicuous absence of new capacity, despite the potential attraction of much tightened pricing and terms and conditions Perhaps most notably, for the first time in the past ten...
Gallagher Re acquires treaty reinsurance broking business of WTW India Insurance Brokers

Gallagher Re acquires treaty reinsurance broking business of WTW India Insurance Brokers

by AIP Online Bureau | Mar 9, 2023 | Indian News, Intermediaries, Non-Life, Regulation, Reinsurance

Vinod Krishnan has been appointed to lead the Gallagher Re business in India with immediate effect It comes as an agreement to acquire the treaty reinsurance broking operations of Willis Towers Watson India Insurance Brokers Private Limited (“WTW India”) was signed,...
Jan1 renewals: Rapid changes in market conditions prompt tense and late but largely completed renewals: Gallagher Re

Jan1 renewals: Rapid changes in market conditions prompt tense and late but largely completed renewals: Gallagher Re

by AIP Online Bureau | Jan 3, 2023 | International News, Non-Life, Reinsurance

James Kent, Global CEO, Gallagher Re, said, “The renewal process has been grueling for participants, many of whom have not faced such a rapid change in market conditions across a single renewal season. Political violence renewals have been especially demanding in...

Gallagher Re makes strategic appointments to further enhance service capability in Asia Pacific

by AIP Online Bureau | Sep 29, 2022 | Intermediaries, International News, Non-Life, Reinsurance

Mark Morley, Managing Director, Head of Asia Pacific, commented: “As we continue to invest in the depth and capability of our offering across Asia Pacific, appointments such as these ensure that Gallagher Re is positioned to serve the evolving requirements of our...

Gallagher Re launches new academic research centre

by AIP Online Bureau | Sep 12, 2022 | Intermediaries, International News, Non-Life, Reinsurance

London:Gallagher Re, the global reinsurance broker, today has announced the launch of the Gallagher Research Centre (“GRC”). Housed within Gallagher Re’s Global Analytics & Advisory centre of excellence and led by Dr Tina Thomson as Global Head of Research, the...
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