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
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
Convex approved for second Lloyd’s syndicate
Syndicate 1987 will focus on long-tails lines, including casualty re/insurance, political risk and trade credit
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
Florida cat pricing falls 15% at June 1
Reinsurers expand their appetite amid improved underwriting results and legal reforms
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
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
Trump sanctions on Cuba take full swing against non-US shipowners
Marine insurers face Catch-22 blocking statute, Lloyd’s Market Association warns
Acrisure to lay off 2,250 staff in digitalisation push
Company plans to dismiss 11% of staff, mainly in US, by 2027
Storms cause another nine-figure loss week in US
Hurricane-force winds recorded in several locations
NOAA says ‘below-normal’ Atlantic hurricane season likely
El Niño may intensify Pacific season while breaking up Atlantic storms
Howden launches US aviation practice
Julio Jimenez to lead new practice targeting airlines, aerospace companies and aviation operators
Hiscox leads risers in strong week for insurance stocks
Shares in London-listed Hiscox climb 13.5% amid bid speculation
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
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
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
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