Re/insurers
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The specialty carrier is braving volatile macroeconomic conditions in a second effort to list.
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Gallagher Re said rates had softened in 2025 versus the prior two years.
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The appointment is part of the company’s expansion in the marine market.
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Space pricing experienced double-digit increases after the 2023 capacity retreat.
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We assess the Bermudian’s standing amid waning investor sentiment and economic uncertainty.
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The remediation process is on track for completion in the fourth quarter.
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The days of 30%+ growth are probably behind the firm, he said.
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Overall, the company’s underwriting income fell 43% to $417mn in the first quarter.
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The carrier is targeting an IPO valuation between $2.6bn and $2.9bn.
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Here’s the five-pillar playbook for insurers ready to move from pilots to profit.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The Insurance Insider US news team runs you through the earnings results for the day.