Insurance Day is part of Maritime Intelligence

This site is operated by a business or businesses owned by Maritime Insights & Intelligence Limited, registered in England and Wales with company number 13831625 and address c/o Hackwood Secretaries Limited, One Silk Street, London EC2Y 8HQ, United Kingdom. Lloyd’s List Intelligence is a trading name of Maritime Insights & Intelligence Limited. Lloyd’s is the registered trademark of the Society Incorporated by the Lloyd’s Act 1871 by the name of Lloyd’s.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support +44 (0)20 3377 3996 / APAC support at +65 6508 2430

Printed By

UsernamePublicRestriction

Americas

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

 

Slide launches IPO targeting valuation of up to $2.1bn

Florida carrier could raise up to $340m from the share offering

United States Property

Los Angeles wildfires send US insurers to $1.1bn Q1 underwriting loss

Sector books 34% decline in pre-tax operating income to $19.6bn, analysis of results by AM Best finds

North America Casualty

US P&C sector still expected to post sub-100% COR in 2025: Fitch

Sector books 98.8% combined ratio in first quarter of the year, following $50bn of wildfire-driven insured losses

United States Property

Howden acquires Peruvian reinsurance broker

Innova Re specialises in commercial lines including property, aviation and civil liability

Peru Howden

Ryan Specialty launches unified global renewables division

Managing general underwriter to combine renewable energy MGUs, PERse Americas and PERse International, with recently acquired Albus

North America Energy

US severe convective storms pose risk to solar

Severe convective storms are driving record insured losses in the US and posing growing risks to solar farms – innovative mitigation strategies and advanced risk assessments are vital for resilience

United States Climate change

Canadian cyber incidents triple in two years

Disruptive cyber attacks expected to hit 32 by year-end, new report by QBE Canada finds

Canada Specialty

Reinsurers’ catastrophe PMLs continue to grow: Moody’s

Despite moderating prices reinsurers are ‘generally still eager’ to deploy capacity, particularly for US wind risk

Europe United States

Ryan Specialty strikes deal for surplus lines broker JM Wilson

Michigan-based firm offers a variety of products, including personal lines, surety and transportation

United States Specialty

NAIC opposes ban on state AI laws

Regulatory body says definition of AI is too broad and ban would hamper oversight of insurer models

United States Technology

Rates, capital and legal reform: key takeaways from June 1 renewals

Reinsurance prices continue retreat from 2023 peak despite strong demand

United States Hurricane Season

Major US earthquake could lead to $20bn-plus civil unrest losses

Modelling from Lloyd’s Lab alumnus Synthetik reveals ‘significant aggregation risk’ from civil unrest following a catastrophic event

North America Lloyds

Ategrity Specialty launches IPO

Excess and surplus lines carrier expects to raise around $100m from share offering

North America Specialty

APCIA hails success in Texas legislative session

Insurance association marks victories despite failure of major tort reforms bill

United States Property

Peak Re’s Bermuda chief eyes casualty ILS opportunity

Gene Zhang sees ‘tremendous potential’ in casualty ILS strategy to diversify capital base

North America Bermuda

Axis restructures global cyber team

Carrier names Smith head of cyber North America and cuts three senior underwriting roles 

North America People moves
See All
UsernamePublicRestriction

Register