Property
TWIA approves $500m credit line for 2024 storm season
Credit will act as a source of funds to pay claims in the event of a storm hitting the Texas coast
AmCoastal income from continuing operations falls 22%
Florida-based carrier agrees to sell its New York-based Interboro Insurance business to Forza Insurance
Definity underwriting income jumps 39% in Q1
Canadian group benefits from lower core accident-year claims and expenses and higher favourable prior-period reserve development
Mercury to assume Tokio Marine's dropped California business
Company deal will absorb 13,000 personal lines customers dropped by Tokio Marine America units
Liberty Mutual COR improves 8.4 points
US giant posts operating profit of $1.27bn in the first quarter of the year with a combined ratio of 95.5%
Co-operators General income doubles on investment gains
Canadian carrier’s first-quarter net earnings more than double to C$47.2m
Legislative reforms improve Florida property insurance market
Reforms have created a 'pathway to a stable market', Insurance Information Institute says
Louisiana governor signs law abolishing 'three-year rule'
Insurance commissioner has pressed deregulation as a response to market failures
United Fire posts best COR in eight quarters
Insurer's combined ratio improved to 98.9%, representing its lowest mark in eight quarters
Intact income surges on underwriting and investments
Canadian carrier’s Q1 net earnings jump 79% as underwriting income rises 12%
CNA posts record Q1 core income
Net earnings surge to $338m in the first quarter
Climate should be in every conversation about risk: Aon's Henderson
Just as they faced ‘silent cyber’, re/insurers must be alert to ‘silent climate’, Aon’s global head of climate risk advisory warns
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