People Moves: MS Amlin Names Liberty Mutual’s Baxter as Head of Reinsurance; DUAL Hires HDI’s Biemann for Cyber; Gallagher Re Taps Swiss Re’s Kreutzer for Nordic Region July 6, 2022 This edition of International People Moves details appointments at MS Amlin, DUAL Europe, and Gallagher Re. A summary of these...
Florida Property Reinsurance Premiums Rise by as Much as 50%: Gallagher Re July 1, 2022 Property reinsurance rates rose by as much as 50% in Florida at July 1 renewals and by up to 40%...
Midyear Prop-Catastrophe Reinsurance Capacity Down for 1st Time in Decades: Aon July 1, 2022 For the first time since the devastating U.S. hurricanes of 2004 and 2005, property-catastrophe capacity contracted during the June/July reinsurance...
Gallagher Re Launches Climate Risk Resilience Practice, Led by World Bank’s Bavandi June 27, 2022 Gallagher Re, the global reinsurance broker, announced it has launched a global practice focusing on public sector and climate resilience...
People Moves: Beazley Announces MacCabe Retirement, Wheeler and Pereira Promotions for Int’l Mgmt. Liability; Gallagher Re Names 6 Senior Execs for APAC Region June 6, 2022 This edition of International People Moves details appointments at Beazley and Gallagher Re. A summary of these new hires follows...
Global Re/insurers See Average Premium Increases of 11% in 1st Quarter: Gallagher Re May 31, 2022 Premium growth during the first quarter saw an average increase of 11%, which was supported by continued favorable pricing for...
Inflation a ‘Major and Growing Concern’ for Reinsurers April 4, 2022 With buyers’ needs for capacity stable and remaining within the collective appetites of reinsurers, April 1 reinsurance renewals were orderly,...
People Moves: Rosa Appointed CEO of Euler Hermes Agency; Gallagher Re Adds Aon’s LaPalme; Marsh Hires Lipinska, Cobb February 28, 2022 This edition of International People Moves details appointments at Euler Hermes, Gallagher Re and Marsh. A summary of these new...
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...