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Americas

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

 

Insurance stocks tumble as market volatility continues

Insurance Day’s basket of stocks falls by 2.4% this week with only four stocks gaining in value

Stockwatch Hiscox

1-in-100 year uninsured US residential property exposure surpasses $375bn

Moody’s analysis highlights widening gap between growing flood risk and insurance coverage, with risk most concentrated in Southeastern coastal areas

Property Climate change

Convex approved for second Lloyd’s syndicate

Syndicate 1987 will focus on long-tails lines, including casualty re/insurance, political risk and trade credit

Bermuda Lloyds

Global P&C premium growth slows in 2025

Property and casualty insurance premiums grew by 3.8% to €2.32bn last year, Allianz report finds, as pricing normalises after boom years

International Property

Florida cat pricing falls 15% at June 1

Reinsurers expand their appetite amid improved underwriting results and legal reforms

Reinsurance Guy Carpenter / Marsh

Nat cats imperil 56% of planned US data centres

Nearly $800bn of US data centre investment exposed to storms, hurricane and quake risk, MS Amlin analysis reveals

Property Specialty

Understanding aviation risk in Brazil’s agricultural sector

The seasonal concentration of losses, the variability of pilot quality, the constraints of the local repair environment and the expected emergence of autonomous platforms present challenges for the insurance market

Specialty Aviation

Trump sanctions on Cuba take full swing against non-US shipowners

Marine insurers face Catch-22 blocking statute, Lloyd’s Market Association warns

Cuba Specialty

Acrisure to lay off 2,250 staff in digitalisation push

Company plans to dismiss 11% of staff, mainly in US, by 2027

United States Brokers

Storms cause another nine-figure loss week in US

Hurricane-force winds recorded in several locations

North America United States

NOAA says ‘below-normal’ Atlantic hurricane season likely

El Niño may intensify Pacific season while breaking up Atlantic storms

Property Reinsurance

Howden launches US aviation practice

Julio Jimenez to lead new practice targeting airlines, aerospace companies and aviation operators

Aviation Howden

Hiscox leads risers in strong week for insurance stocks

Shares in London-listed Hiscox climb 13.5% amid bid speculation

North America Europe

Investors plan to increase allocation to insurance-linked structures

Three-fifths of investors plan to increase exposure to insurance-related assets over the next two years, Gallagher Re survey finds

Reinsurance InsuranceLinked Securities

Moody’s uses AI tool to reveal hidden property storm risk

Half of US properties analysed saw modelled losses rise by more than 15% when AI-enhanced aerial data applied

United States Property

SIGCo slams US government ‘coercion’ over $40m OPA90 claim

Settlement reached in protracted litigation over Oil Pollution Act 1990 compensation claim for a casualty that did not involve spillage of any oil

Marine Specialty
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