
Property

US commercial lines pricing slows in Q1: CIAB
Softening trend continues as price rises slow to 4.2% in first quarter of the year, down from 5.4% in the last three months of 2024, survey finds

Allstate tallies $594m of catastrophe losses in April
Two widespread wind and hail events in the eastern half of the US cost the insurance giant more than $350m

US P&C industry posts best combined ratio since 2013
Improving personal lines sector drives US property/casualty market to full-year combined ratio of 96.6%

Markel faces activist shareholder demands carbon emissions disclosures
Green Century is seeking support for resolution to require the insurer to disclose greenhouse gas emissions from its underwriting, insuring and investment activities

Tiernan warns of ‘egregious trading’ as rates soften faster than expected
Lloyd’s downgrades its gross written premium expectations for the year as ‘negative sentiment’ builds over pricing

California regulator grants State Farm emergency rate hike
17% emergency homeowners' price hike approved followed court ruling

Ageing infrastructure and mounting losses pose growing risk for US food processing
As the scale and complexity of food production increase, so too do the risks and claims, leaving insurers and brokers facing a new class of food processing mega-losses

Broking group Hub strikes $1.6bn minority investment
North American middle-market broker valued at $29bn in latest capital raise

European re/insurance leaders gloomier about growth
Economic and political turmoil a big worry for re/insurance finance chiefs, Moody’s survey finds

American Integrity completes IPO
Florida-based residential property insurer raises $100m from share offering

Louisiana house passes tort reform bills
Measure would cap general damages awards at $5m

Results round-up: Liberty Mutual, Co-operators, HCI and American Coastal
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