AJ Gallagher
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The facility provides coverage for property, terrorism, energy, construction and utilities risks.
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Though wildfire losses are up, total losses are the lowest since 2015.
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Shared and layered accounts are seen as reaping the biggest benefits.
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Insurer results and 1.1 reinsurance renewals will shape the trajectory of 2026.
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As both carriers and reinsurers deal with softening markets, all eyes are on hurricane-prone areas.
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The executive will officially start in mid-November.
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Lockton Re has predicted major growth in the global cyber insurance market.
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The deal’s benefits headlined AJG’s investor day presentation.
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The practice group will enhance the company’s existing offerings in E&S.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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CEO Tom Wakefield said property cat supply is “materially outpacing demand”.
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The completion is also good news for Marsh, Aon, WTW and other potential buyers in US retail.