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Americas

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

 

US insurance regulators increase focus on climate risk mitigation

The National Association of Insurance Commissioners has made property improvements central to its new climate resilience strategy, but some fear these efforts may not be enough

United States Property

Axis doubles cyber reinsurance book in Q1

Bermuda-based carrier continues to build its cyber reinsurance portfolio as it pivots cyber insurance book away from undesirable smaller risks 

Bermuda Axis Capital

Odyssey promotes Overy to group CEO

Carl Overy steps up from role as chief executive of OdysseyRe

North America Fairfax

HDI names Hensel as chief underwriter in US

US insurance unit of HDI Global promotes Hensel and appoints Zurich’s Treviño as chief strategy officer

North America Specialty

Palomar underwriting income rises 36% as premiums surge

US specialty insurer's net earnings climbs 52% to $26m in first quarter

North America Casualty

Chubb to make $350m payout on Baltimore bridge collapse

WTW confirms it brokered policy, which covers eight bridges owned by the state of Maryland

North America Chubb

Ascot promotes Watkins to head of Bermuda insurance

Watkins was most recently senior vice-president, having worked at Ascot since 2019

Bermuda Ascot

Hiscox Re & ILS premiums up 19% in Q1

London-listed group’s reinsurance and ILS division takes advantage of attractive market conditions to deploy more capital

Bermuda Hiscox

Lancashire Q1 insurance revenue jumps 25%

Bermuda-headquartered specialty re/insurer reports record quarter on the back of a positive underwriting environment

Bermuda Lancashire

Allstate swings to Q1 profit as COR improves 15.6 points

US property/casualty giant books underwriting income of $898m in the quarter with a combined ratio of 93%

North America Allstate

AIG underwriting profit climbs 19% in Q1

Global insurance giant’s first-quarter results boosted by strong performance in commercial lines

North America AIG

Axis operating income rises 10% in Q1

Bermuda-based carrier books record insurance premiums in the quarter

Bermuda Axis Capital

RenRe eyes specialty growth opportunities after Baltimore bridge collapse

Bermuda-based carrier says collapse of Francis Scott Key Bridge will contribute to ‘further dislocation’ in specialty reinsurance market

RenaissanceRe Bermuda

Canopius makes senior hires to Bermuda reinsurance business

Group appoints CUO and CFO in Bermuda to drive reinsurance growth

Bermuda Canopius

SiriusPoint income falls 31% on lower underwriting gains

Bermuda-based carrier's combined ratio rises 11.1 points to 84.9% in first quarter

Bermuda Specialty

Aspen profits dip as COR rises 5.7 points

Bermuda-based re/insurer’s operating income falls 4.6% to $103m in first quarter

Bermuda Aspen
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