Gallagher Re

First six months of 2023 sees reinsurers’ capital base rise and underlying ROE comfortably exceed cost of capital

First six months of 2023 sees reinsurers’ capital base rise and underlying ROE comfortably exceed cost of capital 150 150 Haggie Partners

Capital dedicated to the global reinsurance sector totalled USD709 billion at half year 2023, an increase of 13% versus the restated full-year 2022 base. This is according to the latest…

Q2 sees investment of USD917 million into “extremely healthy, vibrant” InsurTech space

Q2 sees investment of USD917 million into “extremely healthy, vibrant” InsurTech space 150 150 Haggie Partners

As incumbent (re)insurers stepped-up their investment activity, new funding for the global InsurTech sector slipped to USD916.71 million during the second quarter of 2023, down 34.0% from USD1.39 billion in…

Gallagher Re’s latest Cyber IQ white paper: Can scanning technologies predict claims?

Gallagher Re’s latest Cyber IQ white paper: Can scanning technologies predict claims? 150 150 Haggie Partners

Gallagher Re, the global reinsurance broker, has released its latest Cyber IQ white paper: Can scanning technologies predict claims? In 2022, Gallagher Re built a machine-learning model and combined it…

Gallagher Re bolsters commitment to China with brace of leadership appointments

Gallagher Re bolsters commitment to China with brace of leadership appointments 150 150 Haggie Partners

Jia Lou joins as CEO of Mainland China & Hong Kong with effect from 1 June 2023 with Alex Xia appointed as Head of Gallagher Re in Beijing Gallagher Re,…

$1.39 billion of InsurTech investment in Q1 as the sector resets at “more normal levels” and a “new era” begins

$1.39 billion of InsurTech investment in Q1 as the sector resets at “more normal levels” and a “new era” begins 150 150 Haggie Partners

After its broad-based reset in 2022, new funding for the global InsurTech sector rose to $1.39 billion during the first quarter of 2023, up 37.6% from $1.01 billion in Q4,…

Global Natural Catastrophe Economic Losses Reach Estimated USD77 Billion in Q1 2023 – the Highest Q1 Total in 12 Years

Global Natural Catastrophe Economic Losses Reach Estimated USD77 Billion in Q1 2023 – the Highest Q1 Total in 12 Years 150 150 Haggie Partners

Insured losses of an estimated USD22 billion showcase significant protection gap Led by the powerful and devastating earthquakes in Turkey and Syria and severe convective storms (SCS) in the United…

Reinsurers’ discipline undiminished at 1/4 renewal: Gallagher Re 1st View

Reinsurers’ discipline undiminished at 1/4 renewal: Gallagher Re 1st View 150 150 Haggie Partners

Reinsurance buyers were unable to avoid the variable but universal price corrections driving rates up at the 1 April renewals, according to the latest 1st View renewals report from Gallagher…

Alesco Delegated Authority turbocharges Canadian binder business with triple talent hire

Alesco Delegated Authority turbocharges Canadian binder business with triple talent hire 150 150 Haggie Partners

London, Wednesday, 22 February 2023: Alesco Delegated Authority (Alesco DA), the specialist binding authority broker, has launched a dedicated Canadian delegated authorities unit with a triple hire of market specialists…

HBF launches dedicated Deposit Unlock website for home buyers

HBF launches dedicated Deposit Unlock website for home buyers 150 150 Haggie Partners

The Home Builders Federation (HBF) has launched a dedicated website for its affordable homeownership scheme, Deposit Unlock, to enable homebuyers to find new-build properties available with low-deposit mortgages. Deposit Unlock…

Gallagher Re: Macro-realism, micro-hardship for InsurTech as annual global funding plummets by half

Gallagher Re: Macro-realism, micro-hardship for InsurTech as annual global funding plummets by half 150 150 Haggie Partners

At USD $1.01 billion, global InsurTech investment fell in the fourth quarter of 2022 to its lowest quarterly level since Q1 2020, and declined 57.0% from the third quarter of…