Bowen has a scientific background in meteorology and business analytics. He started his career in television broadcasting before moving to insurance in 2007. After spending 15 years at Aon, he joined Gallagher Re, most recently as Managing Director and Head of Catastrophe Insights. He frequently collaborates with government agencies, academia, and industry groups, and is co-author of several peer-reviewed journals.

Brian Engle, President, Global Analytics & Advisory, Gallagher Ree, said: “His appointment is further proof of our determination to provide our clients with the very best in talent and expertise, wherever they are in the world.”

Ingle added that the appointment of Bowen and the addition of Gallagher to the team will ensure brokerage clients get “objective and fact-based assessments of the evolving risks arising from climate change.”

“We live in a solution-driven world. It is becoming clearer by the day that the impacts of climate change and natural disasters are growing and far-reaching, and we are innovating how risks are evolving. And there is a great need to communicate clearly,” said Bowen. “We are thrilled to join the Gallagher Reinsurance family, which has a strong commitment to working together to help clients better understand their view of risk. We work with a wide variety of private and public sector organizations. We will strive to advance the climate change debate by developing and providing relevant thought leadership by developing and providing relevant thought leadership.This is an exciting time for scientists in the insurance industry.”

According to a recent Gallagher Reinsurance report, global gross reinsurance capital fell 11% in the first half of 2022, primarily due to mark-to-market investment losses.