Gallagher Re

We are proud to be shortlisted for the 2024 Insurance Insider US Honors in the following categories: Reinsurance Broker of the Year Broking Rising Star of the Year: Alicia (Gerte) Robinson These nominations are a reflection of our hard work, dedication, and innovation in the industry. We look forward to attending the Honors in September! #InsiderHonors

We are pleased to share our H1 2024 Natural Catastrophe and Climate Report. The report summarizes global loss totals and select major catastrophe events that occurred during the first half of the year, explains the impact of the transition from El Niño to La Niña on extreme weather, and provides an in-depth analysis of the upcoming Atlantic hurricane season. Read the full report: https://lnkd.in/eetCuTrn

Join Steve Bowen on Tuesday, August 6th, for a webinar on the 2024 Atlantic hurricane season and US catastrophe risk. The 2024 Atlantic hurricane season has already set a number of early season records, and the insurance industry needs to prepare for a potentially challenging few months ahead. Featuring Phil Klotzbach of Colorado State University (a Gallagher Research Centre partner) and Sean Kevelighan, CEO of the Insurance Information Institute, and moderated by Adam Schwebach, this discussion will include recent scientific developments, a year-to-date summary of natural catastrophe impacts, and the current state of the US property insurance market. Register today: https://lnkd.in/eExb8wHn 

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.