The launch in Italy follows the Bermuda-based group’s recent expansion into other key international markets

Move follows stabilisation of the sector’s underwriting results in the first half of the year

Preliminary estimates of total economic losses from the two storms exceed $170bn

The new operation will be led by Sergio Lottimore who joins from Validus Re

Canadian province unveils reforms to address rising cost of collision-related lawsuits

Fast-growing US broker expands footprint in Chile with deal for retail intermediary 

New unit part of Florida carrier's plans to triple in size 

It is excessively difficult to answer basic questions about California's home insurance market, the commission says

The takeouts have reinforced the company's projections that its policy count will drop to around 907,000 at the end of the year

This includes $102m from Hurricane Milton and $144m of unfavourable reserve development tied to September's Hurricane Helene

European groups outperform on solid fundamentals

Virginia and Rhode Island commissioners get vice-president positions

Number of ‘nuclear verdicts’ of more than $10m has nearly tripled since 2020

New placing interface will act as a ‘universal hub’ for exchanging placing data for insurers and brokers, company says

The cyber market is failing to provide adequate coverage for system outage incidents, with many businesses unknowingly underinsured, Parametrix chief executive says

Industry loss reserves have decreased for more than a decade as incurred losses have been outpaced by loss payments