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Americas

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

 

Fidelis returns to Q4 profit on lower cat losses and reserve releases

Bermuda-based carrier reports fourth quarter underwriting income of $106.8m and reveals rebrand to Pelagos Insurance Capital

Reinsurance Bermuda

Rokstone launches North American inland marine equipment programme

QBE supports programme with $10m underwriting facility

North America Distribution

Hiscox ‘does not need M&A’: Hussain

Chief executive ‘confident’ of 8% growth in 2026 without need for deal-making, despite softening rates

London Bermuda

Hiscox pre-tax profit rises to record $732m

London-listed carrier trims combined ratio to 87.8% as profits rise in all divisions 

Hiscox Bermuda

Sompo completes $3.5bn Aspen acquisition

Mark Cloutier steps into advisory role as Aspen’s Stanford named Sompo UK chief executive

Sompo International Mergers and Acquisitions

Price Forbes names Davies head of property

Former Lockton and JLT executive joins Ardonagh-owned specialty broker’s Bermuda operation

Property People moves

Tariff ruling could be ‘positive sign’ for insurers

Lower tariffs could mean more stable prices and economic growth, says AM Best

Property Casualty

Convex books record full-year profit of $711m

Bermuda-based carrier’s gross written premiums approach $6bn in sixth year of operation

Bermuda Specialty

Pinion appoints Selvig US CUO

Kyle Selvig will oversee Pinion’s MGA network build-out following the firm’s launch earlier this week

Distribution People moves

Broking stocks claw back losses amid AI fears

WTW climbs 7.8% and Aon gains 4.2% after shares tumbled last week

Stockwatch United Kingdom

Westfield Specialty premiums surpass $1.9bn in 2025

Specialty insurer reports full-year combined ratio of 93.1% as portfolio build-out continues

Lloyds Specialty

Florida insurance regulator pushes back on surplus lines bill

Commissioner Yaworsky seeking to limit who can run proposed clearinghouse

Property Regulation

Sompo secures approvals for Aspen acquisition

Completion of $3.5bn acquisition of Bermuda re/insurer expected within days

North America Sompo International

Conduit Re grows 2025 GWP to $1.2bn

Bermuda-based reinsurer’s combined ratio deteriorates to 101.5% driven by California wildfire losses

Reinsurance Bermuda

Venezuela sanctions breaches invalidate P&I cover, Skuld warns

Rules give insurer right to terminate policy where shipowners put club at risk of adverse state action

Regulation United States

Specialty insurer Pinion launches backed by Barings Capital

Pinion will offer insurance capacity for managing general agents in the US, UK and Europe

Distribution People
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