Americas
See below for coverage of the US and other growing markets in the Americas
Florida Cat 5 could produce $300bn blow, Swiss Re warns
Hurricane landfall in Miami or Tampa Bay would generate largest single insured loss event ever
Hull war underwriters reassess pricing after latest attacks on shipping in Middle East Gulf
Rates now converging again at elevated levels, say market sources
CelsiusPro eyes Europe and US expansion
Parametric underwriter expects increased demand for climate products in Europe and the US following this year’s heatwaves
Madrid’s reinsurers must address ‘insurability’ in Latin America push
Growing complexity of risk and challenging claims environment are key issues for Spain’s reinsurers to tackle
US D&O market ‘approaching the trough’ of rate softening
Gallagher sees ‘early signs of stabilisation’ in US D&O market as economic conditions and increased litigation drive demand for cover
California fire resilience efforts struggle to gain insurer recognition
The Golden State has large network of non-profits supporting resilience work, but insurers cannot always see these efforts
Carbon names Wooldridge head of US casualty
Lloyd's delegated authority specialist hires Gallagher Re executive as it continues US push
Negative rate sentiment weighs on reinsurance stocks
As the industry headed to Monaco, re/insurance stocks tumbled and underperformed the benchmark indices
Markel appoints Handen to lead Americas trade credit
Handen will lead the carrier’s growth initiatives across the US, Canada and Latin America
CatIQ increases Canada severe storm loss estimate to C$923m
Commercial property drives increase in loss estimate for severe summer weather
Neil Eckert to join Willis Re as chief executive
Industry veteran to lead newly relaunched reinsurance broking business
Munich Re flags US casualty sidecar risks
Executives express concerns over automatic commutations and high-risk investment strategies
Aon launches data centre exposure tool
Digital Infrastructure Risk Aggregator can identify risk patterns across portfolios
Conduit Re taps Partner Re for property team
Aaron Coates joins Bermuda-based reinsurer as head of property, alongside two other hires
Aon shares tumble on USI deal
Broking giant’s shares fell more than 6% this week amid concerns over high price being paid for business
Verisk launches database of US data centres
Database maps the geolocation, footprint and capacity of US data centres to help re/insurers map exposures
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