Company: Gallagher Re Page 1 / 1
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- April 18 2024
Asia accounts for 40% of nat cat economic losses in Q1: Gallagher Re
Driven by the Noto Peninsula earthquake, Asia had US$17bn in losses for the first three months of the year, making it the only region with above-average Q1 losses.
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- April 3 2024
APAC markets see stable renewals on ample capacity, reinsurer appetite: brokers
The supply-demand dynamics have shifted in favour of reinsurance buyers in the April renewals, leading to better pricing and easing of market conditions across Japan, India, Korea, the Philippines and China.
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- March 15 2024
Gallagher Re promotes Sie Liang Lau to head APAC cyber team
In the newly created role Sie will oversee reinsurance broking covering APAC.
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- January 18 2024
Non-peak perils source of insurers’ primary portfolio risk: Gallagher Re
Flooding from remnants of typhoon Doksuri in China makes it the costliest weather event of last year, with US$18.5bn in economic losses.
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- January 3 2024
APAC 1.1 renewals see ‘flat to 5%’ hikes on loss-free programs: Gallagher Re
Excess of loss pricing adjustments in Asia reverted to levels reminiscent of the period preceding the market hardening in 2023.
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- January 2 2024
Healthier property market drives stable, predictable 1.1: Gallagher Re
While confidence in third-party liability lines has diminished, capacity for specialty lines remained buoyant, according to the reinsurance broker's renewal report.
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- December 1 2023
Gallagher launches Taiwan brokerage with Brian Wang in charge
The 15-member Taipei-based team will offer property & casualty, marine, construction, cyber, trade credit, financial lines, energy and employee benefits services.
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- November 14 2023
Risk pools may not be the panacea for APAC’s cyber challenges: Gallagher Re’s Braney
As cyber-attacks continue to be huge issue for the region, governments should look at raising awareness, educating and knowledge-sharing, says the broker's head of international cyber.
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- November 3 2023
Roshan Perera to lead Gallagher Re APAC strategic solutions
Prior to joining Gallagher Re last year, Perera had spent over 12 years with consultancy firm consultant NMG Consulting.
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- November 1 2023
SIRC: ‘There are more purchases towards the capital piece than the earnings piece’ — Gallagher Re’s Mark Morley
The broker's head of Asia Pacific is looking for a 'more nuanced approach' to the upcoming 1.1 renewals as it targets ‘ambitious’ growth around the region.
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- November 1 2023
SIRC: Renewables, underinsurance, nat cats and cyber risks are reinsurance’s APAC focal point — CEOs
The panel, chaired by James Vickers, international chairman at Gallagher Re, was Renaud Guidée, CEO - reinsurance, Axa XL, Achim Kassow, member of the board of management, Munich Re and Swiss Re's Urs Baertschi, CEO, P&C Reinsurance.
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- October 30 2023
SIRC: Reinsurance capacity squeeze higher this year for APAC insurers — Gallagher Re
The region's insurers are optimising their balance sheets and considering new operating models, according to the global broker.
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- October 20 2023
Record heat in 2023 spurs myriad APAC nat cat losses
15% of insured nat cat losses so far this year have been in Asia, with yet another US$100bn-plus loss year in the making, says Gallagher Re.
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- October 20 2023
Gallagher Re hires Priyanka Bhalla as associate director for India
Mumbai-based Bhalla joins from domestic broking company Hero Insurance Broking, where she was vice-president, reinsurance.
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- September 28 2023
Gallagher Re takes Guy Carpenter’s Linda Purnama to lead Indonesia
Singapore-based Purnama joins the broker from her previous role as GC's managing director covering Vietnam and the Philippines.
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- September 6 2023
Global reinsurers improve underwriting results marginally, revenue dips in H1 2023: Gallagher Re
While the overall underlying COR improved to 87.6% in H1 2023, the strongest performance in the last decade, revenue growth declined to 8.7% compared with 13.5% in H2 2022.
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- July 3 2023
New capital, moderated demand lead to orderly 1.7 renewals: Gallagher Re
There were significant year-on-year rate increases and reinsurers sought to bring terms and conditions in line 1.1 and 1.4 renewals.
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- May 31 2023
Gallagher Re recruits from Guy Carpenter for China, Hong Kong CEO
Jia Lou (pictured) joins in June from the rival broker in Hong Kong, while Alex Xia joins from Munich Re to lead Gallagher Re's Beijing branch.
