Gallagher Re News

Intrepid Reinsurance Execs Take on Extreme Challenge in ‘World’s Toughest Row’

Four intrepid reinsurance executives from Convex and Swiss Re are rowing from Monterey, Calif. to Hawaii – as part of the “World’s Toughest Row – Pacific.” It’s all for charity – and, of course, for a challenging, life-changing adventure. In …

Report: Wildfire Fears at ‘All-Time High’ and Driving Insurer Decisions in Property Market

Despite a relatively average 2022 wildfire season, fears of wildfires remain at an “all-time high,” and those fears appear to be one driver of decision-making on property insurance. A new report from Gallagher Re shows the threat of damaging wildfires …

People Moves: Gallagher Re Appoints Brace of Exec Appointments for N. America, Brazil and China

Global reinsurance broker Gallagher Re announced the appointment of Linda Johnson as vice chairperson for its North American team, Daniel Veiga as CEO of Gallagher Re Brazil, Treaty Operation, Jia Lou as CEO of Mainland China & Hong Kong, with …

People Moves: Gallagher Re Names Kerton as CEO for UK Region, Succeeding Wakefield; Swiss Re Corporate Solutions Promotes Hall for UK, Ireland, S. Africa, EMEA Wholesale

This edition of International People Moves details appointments at Gallagher Re and Swiss Re Corporate Solutions. A summary of these two promotions follows here. Gallagher Re announced the appointment of Ian Kerton to the role of CEO of the reinsurance …

Insurtech Funding Up 38% Over Q4 2022: Gallagher Re

Insurtech funding increased nearly 38% from Q4 2022 to Q1 2023, from about $1 billion to about $1.4 billion, according to a new analysis released by Gallagher Re. The U.S. leads France and the UK as the nation funding the …

Gallagher Re: US Leads Insurtech Investments, Funding Continues Healthy Climb

Insurtech funding increased nearly 38% from Q4 2022 to Q1 2023, from about $1 billion to about $1.4 billion, according to a new analysis released by Gallagher Re. The U.S. leads France and the UK as the nation funding the …

Gallagher Launches Brokerage in Japan, Led by 2 Former Marsh Execs

Gallagher has launched an insurance brokerage in Japan, which specializes in insurance solutions to both commercial clients and wholesale facultative insurance to other brokers. The Japanese unit is led by two former Marsh executives: Takuya Aibe and Tetsuro Nakazawa. Previously …

Markets/Coverages: Resolute Global Partners Launches New Type of Reinsurance Contract

Resolute Global Partners, an investment adviser specializing in insurance and reinsurance, announced the launch of “Footprint,” a new type of reinsurance contract, which the firm created in collaboration with global reinsurance broker Gallagher Re and catastrophe modeling firm Karen Clark …

People Moves: AIG Asia Pacific Appoints BHSI’s Colahan as Regional President; Gallagher Re Hires McMillan From Siemens as Renewable Energy Practice Leader

This edition of International People Moves details appointments at AIG Asia Pacific and Gallagher Re. A summary of these new hires follows here. AIG Appoints BHSI’s Colahan as Regional President, AIG Asia Pacific American International Group Inc. announced that Chris …

People Moves: Generali GC&C France Promotes 2 Execs; Gallagher Securities Hires Zanelli as EVP, N. America; Mosaic Names Bakhshi CFO, Haque for Capital Solutions

This edition of International People Moves details appointments at Generali Global Corporate & Commercial (GC&C), Gallagher Re and Mosaic Insurance. A summary of these new hires follows here. Generali Global Corporate & Commercial France Promotes 2 Execs Generali Global Corporate …