Targeting an expansion of its insurance-linked securities (ILS) and alternative reinsurance capital activities, reinsurance broker Gallagher Re has announced the launch of a Paris based entity named Gallagher Securities Europe SAS, to grow activities in the region.
Gallagher Securities is the capital markets and insurance-linked securities (ILS) arm of Gallagher Re, providing structuring, arrangement and broker-dealer services such as bookrunning, for ILS and catastrophe bonds, among other instruments.
The company said that Gallagher Securities is “committed to strengthening its international presence, in line with the sustained and steady growth of alternative capital in the reinsurance market.”
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