Americas
See below for coverage of the US and other growing markets in the Americas
Aon accelerates corporate broking growth in Q2
Acquisition of broker NFP supports 6% organic growth in broking giant’s Corporate Risk Solutions business
US homeowners' segment posts worst underwriting result since 2000
Sector books underwriting loss of $15.2bn in 2023, more than double the previous year’s loss, AM Best analysis finds
Gallagher posts 7.7% organic growth in Q2
Broker reports net earnings up 21% to $283m in second quarter of the year
Hartford Q2 earnings up 35% as underwriting income surges
US group reports higher profits in commercial lines and lower losses in personal lines
Insurance stocks take battering in tough week
Sector stocks hit by fears relating to CrowdStrike outage and plunging US equities markets
Florida official calls on Trump to calm insurance crisis
Jimmy Patronis calls on Trump to rein in inflation, pressure European reinsurers to abandon ESG mandates, and abolish the Federal Insurance Office
WTW risk and broking growth accelerates in Q2
Global broker’s insurance broking and consulting division reports 10% organic growth in the second quarter of the year, driven by its corporate broking arm
Aon promotes Moore to Bermuda CEO
Executive succeeds Joe Rego, who becomes chairman of the business
Mosaic names Smith as CEO for Americas
Liberty Mutual executive joins Bermuda-based specialty insurer to drive growth across the US, Canada and the wider Americas region
RenRe profits surge as carrier reaps Validus benefits
Bermuda-based carrier’s operating profit climbs 58% to $650m in the second quarter driven by its property segment and investments
Commercial insurance rates flat in Q2: Marsh
Stabilisation driven by increasing competition among insurers in the global property market, but casualty rates continue to rise amid concerns about US social inflation
Markel names Devereaux as head casualty underwriter
Executive will oversee specialty carrier's entire casualty product offering, including primary casualty, excess and umbrella business
Chubb profits rise despite catastrophe losses
US insurance giant's operating profits up 7.5% to $2.2bn in second quarter with record ex-cat current-year underwriting income
SiriusPoint taps Axis for head of ceded reinsurance
Bermuda-based carrier hires Gonzalez to lead global ceded reinsurance strategy
Carbon approved for new Lloyd's syndicate
Asta-managed syndicate 5757 will solely focus on US programme business
Arch gets regulatory OK for Allianz US mid-market acquisition
Arch is paying $450m in cash for the business, which generated gross written premiums of $1.7bn in 2023
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