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Americas

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

 

Miller facilitates parametric earthquake binder for British Columbia risks

Broker partners with Specialty Program Group Canada and NormanMax Syndicate 3939 on novel product

Canada Lloyds

Cyber reinsurers reconsider appetite as market softens

Concerns about market conditions weigh on sector as carriers look to develop more sophisticated non-proportional cyber reinsurance covers

International North America

AmTrust to spin off MGAs into standalone business

Blackstone to invest in new platform that will incorporate seven of AmTrust’s MGAs

United States Europe

Alternative capital ‘struggles to incorporate’ new technology

Insurance-linked securities companies do embrace new technology but have no way to co-ordinate efforts leading to a slower transaction cycle, Radix ILS chief, Hanni Ali, says

Bermuda Innovation

BP Marsh invests in XPT talent acquisition platform

New XPT vehicle looks to address 'structural challenge' around onboarding new revenue producers

North America Broker

Aviva shares jump 5.6% as UK group's strong run continues

Insurance and reinsurance shares fall overall as North American stocks see losses

Europe North America

Consilium to open Jamaica office

Wholesale broker expands presence in the Caribbean

Jamaica Broker

Westfield Specialty will grow where it can find talent: Kuhn

Specialty insurer recently entered accident and health and fine art and specie lines

United States Monte Carlo

US cyber rates almost below adequacy: CFC

The cyber underwriter is among many in the market that are looking elsewhere for growth as rates continue to fall in the US and UK

International North America

Reinsurers push back on lower attachment points and aggregate covers

Insurers are eager to reduce the levels of risk they keep on their own books, but reinsurers remain wary of surrendering the strategic gains secured since 2023

North America International

No nat cat peril is ‘uninsurable’: Karen Clark

Improved models are creating new opportunities to cover severe convective storms and wildfire, modelling expert says

International North America

Axis to slow cyber reinsurance growth

Bermuda-based group will now be ‘highly selective and modest’ in its growth ambitions for the book as market conditions deteriorate, reinsurance chief executive says

Reinsurance Axis Capital

ID Podcast: Record reinsurance capacity drives market dynamics: Howden’s David Flandro

Howden’s head of industry analysis and strategic advisory discusses the key themes at this year's Monte Carlo Rendez-Vous

Insurance Day podcast Reinsurance

IQUW expands Bermuda reinsurance portfolio

Carrier adds mortgage, credit and cyber reinsurance lines to Bermuda platform 

Bermuda Cyber

US casualty reserve issues may be easing, brokers say

International casualty picture more mixed but lots of capital available

International United States

Reinsurers are in good health but as the market transitions, companies must focus on relevance and value

As reinsurers and insurers look for profitable growth, the challenge for the sector is to continue to provide products that meet clients' needs

Reinsurance ID Comment
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