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Americas

See below for coverage of the US and other growing markets in the Americas

 

Fidelis takes $51m loss on Baltimore bridge collapse

Bermuda-based carrier’s combined ratio slips 6.7 points to 85.8% as catastrophe losses surpass $100m in the quarter

North America Reinsurance

Mercury to assume Tokio Marine's dropped California business

Company deal will absorb 13,000 personal lines customers dropped by Tokio Marine America units

United States Property

Ark books $15m bridge loss

Lloyd's carrier's combined ratio improves to 93.5% in first quarter of the year 

North America Lloyds

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%

United States Casualty

Co-operators General income doubles on investment gains

Canadian carrier’s first-quarter net earnings more than double to C$47.2m

North America Canada

Axis Capital leads North American stock gains

Bermuda-based Axis shares up 11.6% as insurance and reinsurance stocks rise but Aon falls 8.1% following NFP deal closure

North America Europe

Aon adds cyber to pricing platform

Additions are part of an update to the platform that will also add enhanced automation capabilities, broker says

North America International

Social inflation a major drain on US P&C market: AM Best

Aggressive lawyers and anti-corporate sentiment may generate more ‘nuclear verdicts’, rating agency warns

United States Casualty

IGI 'excited' by reinsurance opportunities: Jabsheh

Waleed Jabsheh says International General Insurance hopes to get ‘sliver’ of Lloyd’s business as new box opens for business

Bermuda Lloyds

Legislative reforms improve Florida property insurance market

Reforms have created a 'pathway to a stable market', Insurance Information Institute says

United States Property

James River posts 83% jump in Q1 income

Bermuda-based carrier's net earnings rise to $12.8m in first quarter of the year

Bermuda Specialty

Hamilton COR rises 3.6 points on Baltimore bridge loss

Bermudian carrier’s underwriting income falls to $32.5m after absorbing $37.9m in losses from the bridge collapse

Bermuda Hamilton

Greenlight Re underwriting income rises despite bridge loss

Hedge fund reinsurer's net earnings more than quadruple to $27m in the first quarter of the year

North America Reinsurance

Louisiana governor signs law abolishing 'three-year rule'

Insurance commissioner has pressed deregulation as a response to market failures

United States Property

United Fire posts best COR in eight quarters

Insurer's combined ratio improved to 98.9%, representing its lowest mark in eight quarters

United States Casualty

Intact income surges on underwriting and investments

Canadian carrier’s Q1 net earnings jump 79% as underwriting income rises 12%

North America Canada
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