Gallagher Re

We are thrilled to launch our new series: Cyber Focus. Each quarter we will share our insights and perspectives on the latest cyber topics in the market. In our inaugural report, titled "Multi-factor authentication: Moving from ‘do you use it’ to ‘how is it applied?," our experts Ed P. and Dayan Patel delve into the world of MFA and explore how insurers can better assess policyholders' vulnerability to new attack types. We invite you to read our report and gain a deeper understanding of MFA and its implications. Stay tuned for more thought-provoking reports in our Cyber Focus series. We look forward to continuing to share valuable insights and contributing to the ongoing dialogue in the cyber space. Read the report: https://lnkd.in/gRdeJNw2

Japan is one of the most researched countries in the world when it comes to tsunami risk, but could there be more to learn from its tsunami monitoring and mitigation?   In their latest whitepaper with Dr Anawat Suppasri from Tohoku University, the Gallagher Research Centre explores changes made following the 2011 Tohoku Earthquake, as well as the alternative sources of tsunami that insurers should consider. Read the paper today: https://lnkd.in/ePNAqw97

We are pleased to announce Marie-Emilie Teissier has been promoted to Head of UK Global Stategic Advisory. In her new role, Marie will be instrumental in implementing our strategic priorities over the coming months. Congratulations, Marie!

Our team is pleased to be attending the World Conferences in Earthquake Engineering this week in Milan. Alexandra Tsioulou will be presenting at the session titled "Seismic Risk Models for Decision Support: Advancements and Applications." Umberto Tomassetti is convening the session titled "Recent Advances and Challenges in (Re)insurance Portfolio Risk Management." Pratim Kalita will be presenting at the session titled "Managing Earthquake Risk Through Multi-Lateral Partnerships (SHR3)." Luis Sousa will be speaking on a panel at the event titled "From Academia to the Insurance Industry: What's in it for Earthquake Engineers?" We hope to see you there! #WCEE2024

We are pleased to present our 1st View Report for July 2024.   Reinsurance buyers experienced a more welcoming market at 7.1.24 compared to recent years. There were near record returns for reinsurers in 2023, and the first quarter of 2024 has followed a similar trend with up to a 12% improvement in combined loss ratios, helping to build reinsurers' capital base and confidence to deploy their capital. Insurance-linked securities (ILS) capital has also grown to a record level driven by increased investor interest.   This has created a more favorable market for buyers, with sufficient capital and capacity to meet demand.   Click here to review the full report: https://lnkd.in/edgbkRRG

We are pleased to announce that Richard Rudden has joined Gallagher Re as Head of Green Solutions. Please join us in congratulating Richard on his new role. Welcome to Gallagher Re!

We were delighted to welcome the InsurTech community to our inaugural London InsurTech Breakfast Briefing, hosted in collaboration with the Gallagher Research Centre.   With guest speakers from Concirrus, Apollo ibott 1971, Ki Insurance, QBE Ventures, Milliman, and Send, the session focused on applications of AI within (re)insurance, followed by a panel on the Future of AI.   Market insights explored the risks and opportunities of AI for (re)insurers, how to leverage these technologies across the value chain, and what we might expect to see from AI in InsurTech over the coming years.   Many of these insights built on concepts previously examined in the Q1 InsurTech Report: https://lnkd.in/g7t98uh3   Thank you to everyone who joined us, we look forward to seeing you at one of our future events again.

Many know that past phases of a tightening reinsurance market are often defined by start-up reinsurers coming onto the scene, yet the 2023-2024 hard market has notably not fit this pattern. In their latest article, Brian Shea, Chairman of Global Strategic Advisory, and William Dubinsky, CEO of Gallagher Securities, Inc., explore how the 2023-2024 hard market differs from past years in its seeming lack of new entrants, and why there might be good reasons for it. Read the article today: https://lnkd.in/gJyphzUf

Florida’s reinsurance renewals market was not blown off course by forecasts for a challenging US hurricane season. Following three consecutive years of double-digit risk adjusted rate increases, Florida’s reinsurance market was overdue for a pause in 2024. Read More: https://lnkd.in/gvra3yYW

Couldn't make it to our EMEA Life & Health team's latest webinar on longevity and long-term care? The recording is now available to view. Featuring insights from Russell Monro and Swiss Re's Martin Langkjaer, this webinar provides an overview of aging populations around the world and their social and financial implications, including insurance solutions. Watch the webinar today: https://lnkd.in/ecCH2W7n #Reinsurance #LifeAccidentandHealth #LongTermCare