AJ Gallagher
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Parker has worked at Ardonagh-owned Paragon since 2012. -
The broker added reinsurers remain cautious on US casualty risk.
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Secondary perils accounted for 65% of global insured losses in 2024.
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Bradley was construction team leader for US casualty at WTW.
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Mathieu Loisel joins the reinsurance broker from New Re.
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The anticipated portion ceded to reinsurance may reach the mid-to-high single-digit billions, it added.
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The broker said the market had entered a ‘new normal’ after $2bn+ losses
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The broker cautioned unresolved Russia-Ukraine claims remain a ‘Black Swan’
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The reinsurance market is now in a healthy, stable condition, according to Gallagher Re.
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Supply generally exceeded demand and trading relationships were ‘strong’, CEO Tom Wakefield said.
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Axa XL leads the aviation all-risks reinsurance coverage for the destroyed Jeju Air Boeing 737-800 craft.
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Axa XL is understood to be the lead carrier, with Gallagher the broker on the account.
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