AJ Gallagher
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Rising investment yields may not keep pace with increasing claims costs, the broker said. -
Inside P&C’s news team canters through the week’s key developments.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Gallagher Re’s Global InsurTech report showed that more capital is being channelled into earlier-stage funding rounds.
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The broker completed five tuck-in brokerage mergers in Q1, the same number as the previous year, but totaling $32.2mn, down from $89.7mn in Q1 2021.
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The firm suspended relationships with Russia-based clients and estimated those actions will affect its 2022 brokerage unit revenues by up to $10mn.
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Alternative capital increased by 4.4% after two years of stagnation.
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Inside P&C’s news team runs you through the key developments from the week.
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The firm ranks among the three largest retailers in Peru, and talks come amidst a pick-up in M&A in Latin America.
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Inside P&C’s news team runs you through the key developments from the week.
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The firm adjusted 2022 projected revenues for the acquired Willis Re book down by $10mn from its 2020 figures due to forex and Ukraine changes.
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The broker has distributed top jobs among former Willis Re and legacy Gallagher Re staff.
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