Cyber Market Primed to Grow and Eclipse Property by 2040: Gallagher Re February 23, 2022 By Chad Hemenway Following a pause to stabilize the vessel, the cyber market is poised for a wave of growth that could make...
Natural Disasters Cost Insurers $116B in 2021, or 63% Higher Than Average: Gallagher Re February 4, 2022 Insured losses from major natural catastrophes in 2021 – excluding COVID-related losses – have so far reached an estimated US$116...
People Moves: Peak Re Appoints Echo Re’s Nowakowski to Lead P/C Underwriting; Gallagher Re Hires EMEA Dir. for Public-Private Initiatives; Pool Re’s Enoizi to Work With Cambridge Centre for Risk Studies January 25, 2022 This edition of International People Moves details appointments at Peak Re, Gallagher Re and the Cambridge Centre for Risk Studies....
People Moves: Muñiz Named GC&C’s Head of Construction & Green Energy; Gallagher Re Hires Hiscox’s Kim for Cyber; Chubb Promotes Kropp to Global Head of Operations/Tech January 21, 2022 This edition of International People Moves details appointments at Generali Global Corporate & Commercial (GC&C), Gallagher Re and Chubb. A...
Many Re/Insurance Buyers Are ‘Frustrated’ With Multiple Years of Price Rises January 5, 2022 By L.S. Howard Frustration is setting in for commercial insurance buyers subjected to multiple years of price rises, especially those that have improved...
COVID-19 Claims of $44B Are 3rd Largest Catastrophe Loss: Howden January 4, 2022 Insured losses of $44 billion from COVID-19 so far represent the third largest cost to insurers of any catastrophe, behind...
Canopius Completes Loss Portfolio Transfer Agreement With Legacy Acquirer Riverstone December 27, 2021 Canopius Group, the London-based global specialty re/insurer, announced it has completed a loss portfolio transfer (LPT) agreement with RiverStone International....
Gallagher Completes $3.25B Purchase of Willis’ Treaty Reinsurance Brokerage Business December 1, 2021 By L.S. Howard Arthur J. Gallagher & Co. announced it has completed the $3.25 billion acquisition of nearly all of the treaty reinsurance...
People Moves: WTW Names Aon’s Wegbrans as Head of Broking; EmergIn Risk Hires Occam’s Paraskeva; Aon’s Norris to Gallagher Re as Cyber ILS Broker November 16, 2021 This edition of International People Moves details appointments at Willis Towers Watson; Ryan Specialty’s MGU, EmergIn Risk; and Gallagher Re....
Gallagher Re Touts Advanced Integrated Reinsurance Analytics Platform September 14, 2021 Global reinsurance broker Gallagher Re has unveiled an automated analytics platform it says benefits reinsurance clients and markets by bringing...