New segment will focus on programmes and managing general agent business in the US

Legacy specialist looks to boost presence in North America and Bermuda markets

RenaissanceRe and SiriusPoint post the greatest losses this week, with only four stocks – led by Munich Re – gaining in value

Budget committee analysis warns market strain could spread to new states

As litigation relating to weight loss drugs grows in the US, manufacturers are becoming increasingly subject to claims of personal injury and allegations that they knowingly failed to warn consumers of side effects

Hefty weightings for general excess-of-loss levy seen as disproportionate, some brokers argue

Liberty Mutual subsidiary says it is 'building a sustainable business' in California by 'simplifying its product offering'

Bermuda-based group promotes former Chubb executive Craig Hanrahan to oversee US retail regions

Depopulation programme for the state’s last resort property insurer continues

Excess line brokers may sell parametric cover under legislation signed last week

Canadian firm acquires remaining stake in Lloyd's carrier from Canadian pension fund

US-based broker says need for supplementary insurance solutions is growing amid increase in hurricanes, wildfires and other natural disasters

Loss portfolio transfer deal is primarily attributable to casualty business written during pre-2022 underwriting years

Rating agency expects personal lines price increases will be sufficient to offset rising claims costs, while commercial lines profitability to remain ‘strong’

New regulation part of insurance commissioner’s Sustainable Insurance Strategy to increase availability of coverage in wildfire-exposed areas of the state

While Donald Trump has pledged wide-ranging changes to US policy in areas such as trade and immigration, the insurance sector is not expected to see significant changes, including hoped-for tort reform, one researcher argues