Americas
See below for coverage of the US and other growing markets in the Americas
Spokane fire losses could hit $1bn mark
At least 850 structures in the area have suffered fire damage as a result of the blazes
Colombia boosts climate resilience with parametric insurance
Colombian parametric insurance product includes Guy Carpenter, Swiss Re, Axa Climate, Munich Re, Raincoat and La Previsora SA Compañía de Seguros
Greenlight and SiriusPoint shares drop on Q2 results misses
US-listed insurance stocks struggle but WTW rally continues after earnings beat
Canopius posts 10% rise in half-year premium
Specialty and P&C re/insurer produced insurance contract written premiums of $2.66bn
Antares restructures leadership team following Straaten’s death
New structure aims to separate several shared functions to provide more dedicated support to Antares’ commercial and retail operations
Hiscox reserves $60m for Middle East conflict
Reserve includes around $40m for London market specialty exposure, with the rest for reinsurance losses
Willis pioneers Caribbean coral parametric scheme
Caribbean island communities stand to benefit from payouts of up to $150,000 per event to finance emergency reef response after hurricanes strike
Rokstone launches US errors and omissions division
New offering begins with $5m of capacity for professional liability risks, backed by Builders Insurance
Republicans renew attempt to abolish FIO
Republicans and trade groups claim bill intrudes on state powers
Hiscox books H1 profits of $331m
The group saw insurance contract written premiums increase 10.1% to $3.2bn over the first half
Lockton Re announces combined property-cyber ILW
New product reflects the ‘convergence of property catastrophe and cyber risk transfer’, says head of international and cyber ILS Theo Norris
California Democrats endorse Allen for insurance commissioner
Kim is noted for single-payer natural catastrophe insurance plan
US commercial property lines continue to soften
Casualty and auto still experiencing inflationary pressures
Axis names first head of tech and AI strategy
Axis reported $251m in first-half profits this week
Greenlight Re gets Lloyd’s ‘in principle’ full syndicate approval
Greenlight Innovation Syndicate 3456 is set to become a full Lloyd’s syndicate from January 1, 2027
Everest sees Q2 net income fall to $559m
Bermuda-based group reported a 9% decrease in gross written premium and 3% increase in combined ratio
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