Gallagher Re provided an estimate of $400bn in potential damages from extreme weather in 2024, a figure noted in a broader discussion on the climate crisis and its implications for capitalism. The disclosure underscores the urgent need for climate action and reflects a commitment to transparency and effective risk management.

AnotherDay, a Gallagher Re subsidiary, has initiated an investigation into alleged exploitation within the hospitality supply chain. The inquiry aims to uncover modern-day slavery, labor abuses, and unethical practices in supplier recruitment and oversight, reinforcing the company’s commitment to human rights and ethical supply chain practices.

In September 2023, Gallagher Re released a report detailing the challenges and progress in regulating global supply chains. The report emphasizes the need for due diligence and better transparency to ensure fair living wages and working conditions, while also acknowledging ongoing concerns over the pace of improvements in human rights practices within supply chains.