Americas
See below for coverage of the US and other growing markets in the Americas
WTW shares tumble on weak growth
Global broker’s stock falls 13%, while Everest and Axis rise on strong first-quarter earnings
Mid-year renewals trending to ‘mid-teen’ reductions: RenRe
Bermuda-based group has already bound half its second-quarter business with increased demand for private placements
WTW reports 2% risk and broking organic growth
Broking giant reports insurance broking and consulting revenues climb to $1.1bn in first quarter of the year
Lancashire grows insurance premiums in first quarter
Growth in marine, energy and US insurance premiums offset by lower reinsurance premiums
Everest returns to underwriting profit in Q1
Re/insurer’s combined ratio improves by 11.5 points to 91.2% in the first quarter as catastrophe losses tumble
Axis Capital underwriting profit climbs 15% in Q1
Bermuda-based carrier books $15m of losses from the Middle East
Markel underwriting profits rise 77%
Combined ratio improves to 93% despite Iran war losses
Arch Q1 profits bounce back to $933m
Bermuda re/insurer’s underwriting profit climbs 75% in first quarter of the year
RenRe Q1 profits surge on lower catastrophe losses
Bermuda-based reinsurer reports first quarter operating income of $590.5m with a combined ratio of 73%
WTW seeks to accelerate AI adoption with new leadership roles
Broking giant appoints former Newfront chief executive Spike Lipkin as chief AI officer
Conduit Re chief financial officer to retire
Elaine Whelan is the latest senior executive to depart the Bermuda-based reinsurer
AIG confirms Anderson to become CEO in June
Eric Anderson will become chief executive on June 1, succeeding Peter Zaffino who will become executive chair
Insurers await fallout from US social media litigation
Potential exposure could be huge, with thousands of lawsuits, but insurers may be off the hook if tech companies’ behaviour is deemed deliberate
Insurers expect AI revolution, but few currently use it in core areas
Almost two-thirds plan increased investment, while few expect job cuts
Chubb CEO outlines conditions for operation of US war risk facility
Evan Greenberg says military conditions not yet in place for $40bn facility to begin assuming risk
Brokers weigh mid-April US storm losses
Hail and tornadoes could cost insurers more than $1bn, Gallagher Re says
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