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Americas

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

 

Conduit Re increases GWP by 4.5% in Q1

Bermuda-based reinsurer’s growth was driven by casualty lines where premiums increased by 23%

Reinsurance Bermuda

SME cyber exposure creates opportunities for insurers

Many small businesses have missing or invalid email authentication controls, analysis finds

Cyber United Kingdom

Growth engine or gimmick? The sandbox debate

Regulators are embracing sandboxes to encourage innovation, but how many insurers want to play?

Innovation Special Report

US government urged to move NFIP policies to private market

Advisory panel calls for national flood insurance clearinghouse with mandatory depopulation

Property United States

Dry spring stokes wildfire fears across Western US

Lack of snowfall means plenty of fuel for wildfires, especially in California and interior Southwest, experts warn

Property United States

SiriusPoint reports core income up 67% in first quarter

Bermuda-based carrier cuts combined ratio to 88.9% on the back of insurance premium growth and light catastrophe load

SiriusPoint Reinsurance

AIG shares rocket after Q1 profit surge

Global giant’s stock climbs 5.3% as insurance shares enjoy largely positive week

Stockwatch AIG

Hiscox Q1 premiums rise 10.2% on strong retail demand

Bermuda-based re/insurer reports ‘limited’ loss notifications from Middle East conflict

Hiscox Bermuda

US D&O market still in the black, but uncertainty persists

Continued premium reductions and volatility in claim severity could challenge the sustainability of recent underwriting gains, Fitch warns

United States Casualty

Axis continues to downsize cyber portfolio

Chief executive Vince Tizzio warns on cyber rate adequacy amid worsening risk environment

Cyber Axis Capital

Oak sponsors New Energy’s green tax credit cover

Lloyd’s carrier expands climate and technology division with capacity partnership

Climate change United States

Latest US storm wave could see billions in losses

Severe storms at the end of April hit Midwest and south-central US

Canada United States

Aon books 7% corporate broking growth

Broking giant reports 4% organic growth in reinsurance division in first quarter

Broker North America

AIG underwriting profit triples in Q1

Gross written premiums rise 11% to $10bn supported by Everest renewal rights deal and Convex quota-share

Property Casualty

WTW shares tumble on weak growth

Global broker’s stock falls 13%, while Everest and Axis rise on strong first-quarter earnings

Stockwatch Willis Towers Watson

Mid-year renewals trending to ‘mid-teen’ reductions: RenRe

Bermuda-based group has already bound half its second-quarter business with increased demand for private placements

Reinsurance Property
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