Insurance Insider is part of the Delinian Group, Delinian Limited, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730
Copyright © Delinian Limited and its affiliated companies 2023

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Pricing stability expected after ‘rational’ July renewal aligns with 1.1: Gallagher Re

Gallagher Re logo fundraise.jpg

Reinsurers secured significant rate increases to bring July-renewing deals in line with higher 2023 benchmarks, but it was a more “orderly and rational” renewal as some reinsurers began “leaning into the hardening market”, Gallagher Re said.