Running investment income makes up most of reinsurers’ 13.8% underlying return, Gallagher Re finds
By IAN Editorial Desk
News date: 7 September 2026Published 8 September 2026·2 min read
Primary source: ajg.com
The broker’s half-year report shows underwriting contributing 3.2 percentage points of the composite’s 13.8% underlying return on equity, with running...
Gallagher Re’s Reinsurance Market Report for the first half of 2026 puts the underlying return on equity of its composite of large Bermudian and Big Four European reinsurers at 13.8%. Of that, running investment income contributed 11.4 percentage points and the underwriting margin 3.2, with other income and expenses taking off 0.8.
The reported figure was higher. The composite earned…
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