Headlines from our A.J. Gallagher Topic Page with the most time spent reading.
Oct 29 2024 // A new report from Gallagher Re has found that cyber insurers could reduce loss ratios up to 16% by removing most-at-risk entities.Using independent analysis of cybersecurity performance data provided by Bitsight in...
May 22 2024 // Gallagher’s Cyber practice remains laser focused on emerging technology and the potential for increased risks as organizations begin to use them. Throughout 2024, we’re concentrated on evolving compliance...
Jul 22 2024 // US severe convective storms (SCS) continued to drive global natural catastrophe losses during the first half of 2024. Of the estimated $61 billion in global H1 insured losses from natural disasters, US SCS accounted for a...
Jan 18 2024 // Non-peak (secondary) perils and record-setting weather and climate events drove global insured losses from natural catastrophes to an estimated $123 billion in 2023, the fourth consecutive year to exceed $100 billion,...
Apr 18 2024 // Global insured losses from natural catastrophes in the first quarter were estimated at $20 billion, with US claims accounting for more than $15 billion, or 75%, of the Q1 total, according to a Gallagher Re in a...
Aug 9 2024 // The number of workers’ compensation claims for student-on-school-employee assault dropped significantly during the 2023-24 school year, according to data from Gallagher Bassett.This change comes after two years of...
Mar 19 2024 // This edition of International People Moves details appointments at Gallagher Re and Hannover Re.A summary of these new hires follows here. Gallagher Re Names Flasinski as CEO of N. America, Succeeding BradshawGlobal...
Jul 8 2024 // Tom Gallagher, an éminence grise or elder statesman of the Florida property insurance world and current chief operating officer for People’s Trust Insurance Co., now has another job to put on his resumé: board...
Sep 17 2024 // Howden, the London-based insurance intermediary group, announced its launch into the Japanese retail insurance broking and captive consulting and management markets with the acquisition of Foresight Holdings Co. Ltd.Also...
Jan 8 2024 // Gallagher announced it has acquired Köberich Financial Lines. Terms of the transaction were not disclosed.Köberich specializes in D&O insurance, plus other financial lines products including cyber, warranties &...
Jan 11 2024 // Arthur J. Gallagher & Co. announced the acquisition of UK-based MCMM Services Ltd. (MCMM).Terms of the transaction were not disclosed. MCMM provides administrative and claims management services to members of Education...
Aug 12 2024 // Insurers and reinsurers’ losses from Hurricane Debby are expected to be in the low single-digit billions of dollars, a figure that would be “very manageable” for the industry, according to a report from...
Jan 18 2024 // Global insurance broker Arthur J. Gallagher & Co. announced it has acquired Concord, New Hampshire-based The Rowley Agency.The Rowley Agency is a retail insurance broker providing property/casualty, surety and employee...
Sep 16 2024 // This edition of International People Moves details appointments at Allianz Global Corporate & Specialty SE (AGCS), The Ardonagh Group, and Carbon Underwriting.A summary of these new hires follows here. Lillelund Named...
Dec 12 2023 // Arthur J. Gallagher & Co. announced the acquisition of Palos Heights, Illinois-based Hunt Insurance Agency, Inc., dba Hunt Insurance Group. Terms of the transaction were not disclosed. Hunt Insurance Group is a retail...
Jan 17 2024 // Swiss Re has purchased the cyber market’s first retrocession industry loss warranty (ILW), brokered by Gallagher Re and supported by a number of specialist reinsurers.Swiss Re secured $50 million of catastrophic US...
May 1 2024 // This edition of International People Moves details appointments at re/insurance brokers BMS and Gallagher.A summary of these new hires follows here. BMS Launches Global Healthcare Liability Unit, Led by Wendin From...
Jul 10 2024 // Gallagher Names Eaton Exec Director to Support US CargoGallagher appointed of Jonathan Eaton to executive director, responsible for overseeing wholesale to other non-specialist brokers and working with Gallagher offices in...
Jul 2 2024 // Arthur J. Gallagher & Co. acquired Rancho Cucamonga, California-based Cornerstone Commercial & Personal Insurance Services Inc. Phil Hakopian, Allison Hakopian and their team will remain in their current location...
Jan 29 2024 // Arthur J. Gallagher & Co. announced that its U.S. wholesale brokerage, binding authority and programs division, Risk Placement Services, Inc. (RPS), has acquired Metairie, Louisiana-based Forest Insurance Facilities....