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

Stockwatch: Lancashire and Hiscox climb as Swiss Re and Bermudians falter
Swiss Re shares fall 3.9% following capital markets day but analysts describe reaction as 'overdone'

Verisk names Newbold president of Extreme Event Solutions
Executive succeeds Churney at helm of catastrophe modelling business

RGA launches life sidecar Ruby Re
Sidecar designed to enhance the group's access to capital for its growing US asset-sensitive business

Florida's Citizens eyes potential $5.5bn reinsurance buy in 2024
Last resort insurer plans unified reinsurance tower for its three accounts, rather than individual towers seen in recent years

AM Best maintains stable outlook for US commercial lines
Rating agency cites ‘persistently strong’ underwriting results amid substantial economic and capital markets volatility

Hamilton to focus new capital on property reinsurance
Bermuda carrier’s executives plan to deploy the proceeds of the recent IPO ‘as quickly as possible’

Hamilton swings to Q3 profit as catastrophe losses plunge
Bermuda-based group’s combined ratio improves 29.9 points to 92.6% in the third quarter as it swings to underwriting profit of $24.9m

James River names Bowman chief of specialty admitted business
Bermuda-based re/insurer promotes senior vice-president of programme management

Atlantic storm season had fourth-highest number of named storms
The number of named storms exceeded the annual average of 14, according to the National Oceanic and Atmospheric Administration’s tally

HDI acquires Indiana Lumbermens
Talanx Group subsidiary expands presence in US with strategic acquisition to broaden specialty lines portfolio

AM Best maintains negative outlook on US personal lines
Persistently high loss costs means a return to underwriting profitability for the segment over the near term appears highly unlikely, rating agency warns

AIG adds Dunne to board
Global insurance giant elects investment banker James Dunne as independent director

Alliant launches consumer platform
US broker’s consumer business now places more than $6bn in premiums annually

Axis adds Galanski to board
Former Navigators Group chief executive Galanski to join the Bermuda-based carrier’s board of directors and risk committee

AIG to sell another $700m piece of Corebridge Financial
Insurance giant to sell a further 35 million shares of its life and retirement subsidiary in a secondary offering

California court upholds expanded cover from last resort insurer
Requirement to offer wide cover not contrary to the ‘express goals’ underlying the Fair Plan Act
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