Impact of Ian could spill over to non-property lines: Gallagher CEO
AJ Gallagher CEO Pat Gallagher has said the impact of Hurricane Ian could spill over to non-property lines of business if there is a “broad shift in reinsurance appetite and capacity deployment strategies”.
During the broker’s Q3 conference call, the chief executive provided analysts with an update on the company’s December 2021 acquisition of Willis Re, stating that Gallagher Re grew organic revenue by 8% in the quarter.
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