AJ Gallagher
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The availability of capacity remains the market’s key driver, the broker said. -
Gallagher, Marsh and Aon also faced sizeable outstanding premium payments as at Q4 2024.
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The broker’s fac reinsurance division will encompass around 70 staff, it is understood.
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The soft market continued through H1 2025, especially on shared programs.
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Gallagher Re’s Lara Mowery said mid-year renewals marked the “beginnings of capacity” emerging.
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Cedants were able to “challenge the status quo” with aggregates back on the table, the broker said.
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The broker built out Lockton Re’s US casualty and professional lines treaty book.
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This publication revealed his exit from MS Re last month.
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Henk Bijl joins from Aon, where he has worked for the last 25 years.
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Working out ROI on sponsorship deals is difficult, but the sport is beloved by insurance brands.
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The merger is on track to close in H2 2025, CEO Pat Gallagher said.
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SCS can no longer be considered a "secondary" peril for the US insurance market, Steve Bowen said.
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