{"id":12305,"date":"2024-03-15T14:26:07","date_gmt":"2024-03-15T14:26:07","guid":{"rendered":"https:\/\/cfi.co\/awards\/?p=12305"},"modified":"2024-12-03T12:48:53","modified_gmt":"2024-12-03T12:48:53","slug":"gallagher-re-best-reinsurance-broker-global-2023","status":"publish","type":"post","link":"https:\/\/cfi.co\/awards\/europe\/2024\/gallagher-re-best-reinsurance-broker-global-2023\/","title":{"rendered":"Gallagher Re: Best Reinsurance Broker Global 2023"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-12306\" src=\"https:\/\/cfi.co\/awards\/wp-content\/uploads\/2024\/03\/Gallagher-Re-jpg.webp\" alt=\"Gallagher Re\" width=\"600\" height=\"79\" srcset=\"https:\/\/cfi.co\/awards\/wp-content\/uploads\/2024\/03\/Gallagher-Re-jpg.webp 600w, https:\/\/cfi.co\/awards\/wp-content\/uploads\/2024\/03\/Gallagher-Re-300x40.webp 300w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/p>\n<p style=\"text-align: justify;\">It\u2019s been about two years since Gallagher Re closed on the acquisition of Willis Towers Watson\u2019s treaty reinsurance business and since then, the business has gone from strength to strength. The deal resulted in one Gallagher Re with more than 70 offices across 31 countries, making it the third-largest reinsurance brokerage in the world. The past year has been spent in a comprehensive integration of systems, technologies and personnel \u2014 allowing the company to retain top talent, provide seamless client services and achieve double-digit growth. Gallagher Re has maintained a workforce with proven capabilities of closing strong transactions in turbulent times. The company takes pride in its people and the positive impacts generated from its activities. It brokered a parametric programme, covering the Moroccan non-insured population against the peril of earthquake, resulting in a loss estimate within 24 hours and a $275m payout within two weeks. Gallagher Re continues to be a trailblazer in the cyber sphere. It structured and launched the market\u2019s first cyber catastrophe bonds for specialist insurer Beazley; $81.5M across three bonds in 2023 on a private-agency basis (\u201cCairney\u201d), then $140M in 2024 in underwritten-Rule 144A (\u201cpublic\u201d) format (\u201cPoleStar Re\u201d), which closed at almost double Beazley\u2019s initial capital target (the largest increase of any cyber bond).\u201d Gallagher Re is prioritising strategic advisory services to increase engagements with the underwriting side of clients\u2019 business. The strategic reinvestment of free cash flow has set up the company for even more forward-looking and dynamic growth in the future. The CFI.co judging panel announces Gallagher Re as the 2023 global award winner for Best Reinsurance Broker.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It\u2019s been about two years since Gallagher Re closed on the acquisition of Willis Towers Watson\u2019s treaty reinsurance business and since then, the business has gone from strength to strength.<\/p>\n","protected":false},"author":1,"featured_media":12307,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[5,53,15],"tags":[204,56,202],"class_list":["post-12305","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-europe","category-front","category-professional-services","tag-23-24","tag-insurance","tag-reinsurance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.6 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Gallagher Re: Best Reinsurance Broker Global 2023 - CFI.co<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cfi.co\/awards\/europe\/2024\/gallagher-re-best-reinsurance-broker-global-2023\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gallagher Re: Best Reinsurance Broker Global 2023\" \/>\n<meta property=\"og:description\" content=\"It\u2019s been about two years since Gallagher Re closed on the acquisition of Willis Towers Watson\u2019s treaty reinsurance business and since then, the business has gone from strength to strength.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cfi.co\/awards\/europe\/2024\/gallagher-re-best-reinsurance-broker-global-2023\/\" \/>\n<meta property=\"og:site_name\" content=\"CFI.co\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CapitalFinanceInternational\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-03-15T14:26:07+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-12-03T12:48:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cfi.co\/awards\/wp-content\/uploads\/2024\/03\/Gallagher-Re-thumb-jpg.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"349\" \/>\n\t<meta property=\"og:image:height\" content=\"218\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"marten\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@CFIMagazine\" \/>\n<meta name=\"twitter:site\" content=\"@CFIMagazine\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"marten\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/cfi.co\/awards\/europe\/2024\/gallagher-re-best-reinsurance-broker-global-2023\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cfi.co\/awards\/europe\/2024\/gallagher-re-best-reinsurance-broker-global-2023\/\"},\"author\":{\"name\":\"marten\",\"@id\":\"https:\/\/cfi.co\/awards\/#\/schema\/person\/e3ad9b01223c3a8168d49fc9b884a909\"},\"headline\":\"Gallagher Re: Best Reinsurance Broker Global 2023\",\"datePublished\":\"2024-03-15T14:26:07+00:00\",\"dateModified\":\"2024-12-03T12:48:53+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cfi.co\/awards\/europe\/2024\/gallagher-re-best-reinsurance-broker-global-2023\/\"},\"wordCount\":269,\"image\":{\"@id\":\"https:\/\/cfi.co\/awards\/europe\/2024\/gallagher-re-best-reinsurance-broker-global-2023\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cfi.co\/awards\/wp-content\/uploads\/2024\/03\/Gallagher-Re-thumb-jpg.webp\",\"keywords\":[\"23-24\",\"insurance\",\"reinsurance\"],\"articleSection\":[\"Europe\",\"FRONT\",\"Professional Services\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cfi.co\/awards\/europe\/2024\/gallagher-re-best-reinsurance-broker-global-2023\/\",\"url\":\"https:\/\/cfi.co\/awards\/europe\/2024\/gallagher-re-best-reinsurance-broker-global-2023\/\",\"name\":\"Gallagher Re: Best Reinsurance Broker Global 2023 - 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