AJ Gallagher
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Paul spent five years at Gallagher Re in addition to 10 years at Guy Carpenter. -
The Plane Talking report said the longevity of the ‘buyers’ market’ is in question.
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In all, primary insurance renewal premiums have risen 6% so far in Q3.
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Former Artex managing director Jasmine DeSilva will run the segment.
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Francine is expected to make landfall in Louisiana tomorrow.
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The executive was previously Guy Carpenter’s head of sales in New York.
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Sources said that Guy Carpenter has promoted Jennifer Paretchan to succeed Mowery.
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Debby should be a “very manageable” storm for the (re)insurance market, it said.
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Annual InsurTech funding volume for H1 was $2.2bn, just below $2.3bn for H1 2023.
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The broker said that rising reinsurance costs after the Baltimore Bridge collapse could put a brake on softening in 2025.
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CFO Doug Howell said the company has invested around $700mn in M&A this year.
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