CAPSICUM RE RENAMED GALLAGHER RE

Capsicum Re will rebrand to Gallagher Re, aligning itself with Gallagher’s retail and wholesale operations around the world. Launched in December 2013 through a strategic partnership with Gallagher, Capsicum Re has grown to become the world’s 5th largest reinsurance broker. It now places $5.4bn of gross written premium annually into the market through its 160-strong team based across its global reinsurance hubs in the UK, US, Bermuda, Brazil and Chile. “What this team has achieved in only six years of trading is remarkable, and that is thanks to an amazing group of talented individuals that came together and believed in what Capsicum Re would deliver for clients,” said Simon Matson, chief executive of Gallagher’s broking and underwriting operations in the UK