AJ Gallagher

The broker said Ukraine will fall into a deep recession this year following Russia’s invasion.

AnotherDay advises on complex threats and crisis management.

Deal flow for InsurTech funding dropped by 7.7% in the quarter, while the average deal size rose by 18% to $22mn.

Turner will report to executive partner Gavin Tidman and work closely with head of renewables Duncan Gordon.

The broker said clients could achieve broader terms and higher limits in D&O, although there was frustration over pricing fluctuation.

Gupta moves from Axis Capital where he served for four years in the New York team.

Gallagher is continuing its hiring splurge within its construction practice, as Marsh’s Stuart Freeman looks set to become the latest addition to the team, Insurance Insider can reveal.

John Forder will focus on major international contractors, while Daniel Busuttil will be tasked with supporting global infrastructure clients.

Its total risk transfer programme is sized at just over $9bn, down $400mn from year-end 2021.

Christian Kreutzer joins from Swiss Re, where he was most recently head of the Nordic, Baltic, Russian and Dutch region.

Plus, an in-depth look a pressure on the FCA and PRA and all the top news from the week.

Rate increases are now universal in the property cat markets, the Gallagher Re executive said.