Reinsurance broker Gallagher Re recently launched its Cyber Risk Adjusted Rating (RAR) Index, revealing that its value was 100% higher on January 1st, 2025, compared to January 1st 2020, indicating higher rates-on-line, as the cyber market continues to grow amid an evolving risk landscape.For those unaware, the Gallagher Re Cyber Risk Adjusted Rating (RAR) Index … Read more
Speaking in a recent video interview with our sister publication Reinsurance News, James Vickers, Chairman of Gallagher Re’s International division, suggested that the excess capacity coming into the insurance-linked securities (ILS) space will help to drive innovation and support the development of new lines of business.Commenting on the record year for cat bond issuance in … Read more
The Insurance Development Forum (IDF) has named Ivo Menzinger of Swiss Re as the new Chair of its Operating Committee (OpCo), succeeding Rowan Douglas CBE, CEO of Climate Risk & Resilience at Howden who had been instrumental in the creation of the IDF and chaired the OpCo since its launch.Ivo Menzinger is the Managing Director … Read more
