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Bolding will focus on aligning Gallagher Securities with Gallagher Re. -
Coverage restrictions in renewables are increasing risk for investors.
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The company did not take questions on its recently announced business review.
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Brokers and insurers must obtain informed consent from clients for the commissions.
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A new UK CEO for the trade credit insurer will be announced at a later date.
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The carrier disclosed it will book $1.1bn in net losses from the California fires.
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The insurer acknowledged additional claims in 2025 would be “reasonably possible”.
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Reinsurers on portfolios with longer-tail liabilities may withdraw.
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The CMC will categorise cyber events that have a potential financial impact of £100mn+.
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Probitas is set to grow by around 40% this year.
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A roundup of all the news you need, including Hannover Re’s results on P&C treaty renewals.
