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

Lockton Re appoints Lewis to head North American cyber practice

Lewis joins from Zurich North America, where he was cyber product leader

North America Reinsurance

Aon names Romeo Bermuda reinsurance head

Global broker promotes executive managing director of wholesale treaty to succeed Tony Fox

Bermuda Aon

Florida approves transfer of more than 54,000 Citizens policies

Last-resort insurer's policy count has fallen to just over 1.16 million policies at the end of February following depopulation programme

United States Property

AM Best puts US D&O sector on negative outlook

Rating agency warns of tighter regulations, higher litigation costs and low premiums

United States Casualty

Palomar names Bradley as a director

US specialty catastrophe insurer appoints former Argo chief executive Thomas Bradley to its board

United States Property

Heritage seeks $100m in storm cover with Citrus Re catastrophe bond

Bond will provide multi-year coverage against storm losses in Alabama, Georgia, Mississippi, the Carolinas and Florida

United States Reinsurance

Losses from Texas wildfire to reach hundreds of millions: Aon

Smokehouse Creek fire has consumed more than 1,700 square miles and spread into Oklahoma, ranking it as the largest wildfire in the state's history

United States Property

Liberty Mutual closes sale of Latin America business

US insurance giant completes $1.5bn sale of its Liberty Seguros business in Chile, Colombia and Ecuador to Talanx

South America Liberty

Connecticut insurance regulator issues AI rules

Department warns against discrimination, errors and lack of data protection

United States Regulation

IGI expects full-year profits to soar 42%

Bermuda-based re/insurer’s preliminary earnings show operating profit of $133m with gross written premiums up 18% to nearly $690m

Bermuda Reinsurance
See All
UsernamePublicRestriction

Register