Property
US homeowners' segment posts worst underwriting result since 2000
Sector books underwriting loss of $15.2bn in 2023, more than double the previous year’s loss, AM Best analysis finds
Hartford Q2 earnings up 35% as underwriting income surges
US group reports higher profits in commercial lines and lower losses in personal lines
Florida official calls on Trump to calm insurance crisis
Jimmy Patronis calls on Trump to rein in inflation, pressure European reinsurers to abandon ESG mandates, and abolish the Federal Insurance Office
Commercial insurance rates flat in Q2: Marsh
Stabilisation driven by increasing competition among insurers in the global property market, but casualty rates continue to rise amid concerns about US social inflation
Optio to acquire specialty Dutch MGA
Acquisition marks a 'significant milestone' in managing general agent's European expansion strategy
Do more US states need insurers of last resort?
Premiums are rising even in states far from the US coasts, but while Colorado is launching a Fair Plan there appears to be little appetite from other states to follow suit
WR Berkley's income lifted by investments
US commercial lines writer books net earnings of $371m in second quarter
Insurers brace for surge in claims in wake of global IT outage
Cyber insurers face business interruption losses, while D&O and property/casualty writers could also see exposures, brokers warn
Beryl's insured US wind losses to range up to $3bn: Verisk
Modelling firm expects significant claims arising from food spoilage, mould and losses for additional living expenses and business interruption
Travelers swings to Q2 profit despite higher cat losses
US giant's underwriting loss narrows in second quarter amid $230m favourable reserve development
Insurance risk and reward in the summer of sport
The insurance industry will play a critical role in protecting this summer’s array of sporting events
'Build Back Better' needs to be the norm for flood insurers
Just 30% of claims to come through Flood Re have included Build Back Better resilience provisions – that proportion needs to rise
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