AJ Gallagher
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On the property side, the costs for rebuilding a structure continue to climb and could prove to be prohibitive. -
Pressure to grow portfolios may ‘put the brakes’ on premium growth, despite pricing adequacy concerns.
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he broker’s analysis found rate increases and lower cat experience contributed to strong underwriting results.
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Rising investment yields may not keep pace with increasing claims costs, the broker said.
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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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