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

Berkshire Hathaway vice-chairman Charlie Munger dies
Warren Buffett's right-hand man dies at the age of 99

US non-standard motor market narrows H1 underwriting loss
Underwriting loss more than halves to $333m but rate inadequacy and claims inflation continue to plague segment

Northern Re raises $50m additional capital
Collateralised reinsurers boosts committed capital to $75m with second fundraise

Axis closes landmark $75m cyber catastrophe bond
Bermudian carrier completes market's first 144A cyber bond with ‘broad investor support’ as the ILS market continues to open up to cyber risk

MMC shares removed from London Stock Exchange
Listing of shares on the London Stock Exchange were cancelled with effect from 8:00am on November 27

Falvey names Ascot's Nasso as chief underwriter
US marine insurer hires Ascot senior executive Tom Nasso to oversee underwriting

Lightyear Capital invests in broker Inszone
Private equity firm injects capital into US broking group alongside existing investor BHMS

Aviva to buy Canadian vehicle replacement business Optiom
Transaction strengthens Aviva Canada’s specialty lines business and distribution capabilities

Insurtech CatX raises $2.7m in seed funding
HackLegacy and other venture capital firms participate in ‘milestone’ funding round

Talanx completes Liberty Brazil acquisition
Deal propels Talanx's HDI International unit into top two property and casualty insurers in Brazil

Stockwatch: RenRe climbs 7% as insurance stocks gain 2.1%
Reinsurers dominate the week's biggest movers as Argo stock ceases trading following buyout

Fidelis reaps rewards from managing climate risk: Burrows
Bermudian re/insurer’s chief executive outlines how its year-to-date financial results are a reflection of a successful strategy that slashed catastrophe and large losses

Artex to rebrand cell facilities
Decision to rebrand Gallagher’s alternative risk and capital unit’s cell facilities to Artex Axcell seeks to ‘drive a consistent global approach’

Fortitude Re closes $28bn reinsurance deal with Lincoln National
Bermuda-based carrier reinsures a significant portion of Lincoln’s universal life insurance and fixed annuity business

Aspen swings to profit in Q3
Bermuda-based carrier posts third-quarter operating profit of $79m, driven by improved performance in reinsurance and insurance divisions

Tysers and HW Wood reach settlements with US over Ecuador bribes
Broker Tysers to pay $46m to resolve investigation by the Department of Justice
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