Americas
See below for coverage of the US and other growing markets in the Americas
Howden Americas picks Miami for HQ
Parrish praises ‘one of the world’s most connected business communities’
Morningstar says insurers should weather wildfires
However, if fires worsen reinsurance market and disaster budgets could see strain
Two US states adopt new litigation financing restrictions
North Carolina banned third-party litigation financing in June
Mapfre to buy Massachusetts insurer for $1.54bn
All-cash deal will create second largest writer of private passenger auto in New England as well as the largest homeowners and commercial auto insurer in the region
EU and US insurers diverge on sustainable investing
American underwriters are react to anti-ESG movement, but European firms are also reassessing what defines a sustainable investment portfolio
Shares in Travelers surge as Q2 earnings smash expectations
Insurance Day’s Bermuda subgroup outperforming despite geopolitical concerns, however the Lloyd’s subgroup lagged behind both the FTSE 100 and FTSE 250
Bermuda proposes allowing stablecoin use by insurers
The BMA says it is consulting on the use of high-quality fiat stablecoins for several insurance functions
US to have below average SCS loss year
High-pressure system in May deflected storm activity from the southeastern US, modelling firm KCC says
Chubb Q2 profits climb 15% as CEO warns soft rates ‘spreading’
Global insurance giant reports second-quarter operating income climbs to $2.8bn, as combined ratio trimmed to 83.8%
Guy Carpenter revenues slump amid rating headwinds
Reinsurance broker’s revenues fall 2% on an underlying basis in the second quarter of the year despite ‘record new business’
Tariffs and the Middle East conflict add to insurers’ cost pressures
Insurers should look at ways to ringfence or apply limits to volatile cost categories
SiriusPoint names Yoo COO
Yoo previously led global operations, technology and transformation within Zurich’s travel insurance businesses
Global re/insurers eye Colombia and Peru opportunities amid political shift
The election of market-friendly presidents in Peru and Colombia has raised hopes that infrastructure projects will be unlocked and inward investment increased, creating new opportunities for the global re/insurance market
Ditch the Katrina playbook
Two decades after Hurricane Katrina, are insurers ready for a completely different kind of $100-plus billion disaster?
Cyber market at an inflection point: S&P
Rates decreases are showing signs of slowing as pricing discipline returns amid increasing claims pressure
You must sign in to use this functionality
Authentication.SignIn.HeadSignInHeader
Email Article
All set! This article has been sent to my@email.address.
All fields are required. For multiple recipients, separate email addresses with a semicolon.
Please Note: Only individuals with an active subscription will be able to access the full article. All other readers will be directed to the abstract and would need to subscribe.