Gallagher Re publishes reinsurance market report
"Exceptionally strong" year has made up for weaker period
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"Exceptionally strong" year has made up for weaker period
Underwriting conditions among the best in past 20 years, broker says
Potential decrease in rates could signal the return of larger projects
Funding for the insurtech sector dropped to $4.5 billion in 2023, down 44% from 2022 and 72% from its 2021 peak. Poor performance by Lemonade and frothy valuations have curtailed the appeal of the sector. However, reinsurers made investments in a record 148 deals, focusing on more advanced insurtech players.
Arthur J. Gallagher & Co. (NYSE:AJG) Q4 2023 Earnings Call Transcript January 26, 2024 Arthur J. Gallagher & Co. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good afternoon, and welcome to Arthur J. Gallagher & Co.’s Fourth Quarter 2023 […]