Gallagher Re on 1.7: A new benchmark set for pricing stability
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Gallagher Re on 1.7: A new benchmark set for pricing stability

Fiona Robertson
03 July 2023
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The July renewals brought forth a “little flurry” of reinsurer capacity as they seized a final opportunity to deploy in 2023’s hard market at higher rates, Gallagher Re international chairman James Vickers said as the firm released its 1st View report on the renewal.

“It’s not a time for them to miss their budgets,” he added, in an interview with this publication, suggesting that some had decided to deploy more in the final major renewal of the calendar year after reviewing premium written...

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