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Americas

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

 

Georgia signs insurance reform bills into law

APCIA applauds bills that limit third-party litigation funding and attempt to restrain damage awards

United States Casualty

Aspen earnings fall as carrier gears up for IPO

Bermuda-based re/insurer reports profits halved in the first quarter of the year as combined ratio climbs 9.5 points to 96.1%

Bermuda Aspen

Arch profits fall 28% in Q1 amid wildfire losses

Bermuda-based carrier books quarterly combined ratio of 90.1% as wildfire losses surpass $540m

Bermuda Arch Capital

Aspen targets $2.85bn valuation in IPO

Bermuda-based carrier launches initial public offering on New York Stock Exchange

Bermuda Aspen

Progressive to increase workforce by 18% in 2025

US insurer will add 12,000 roles to support continued growth

United States Property

Colorado weighs creation of state fire reinsurance programme

State House of Representatives has passed bill creating wildfire reinsurer and home grant scheme

United States Climate change

AM Best revises SiriusPoint outlook to positive

Rating agency cites 'improved' balance sheet strength

SiriusPoint Reinsurance

Aon corporate risk growth accelerates in Q1

Commercial Risks Solutions division books organic growth of 5% in first quarter as Reinsurance Solutions division reports 4% growth

North America Broker

RenRe ‘well placed’ for mid-year renewals: O’Donnell

Chief executive Kevin O’Donnell says reinsurance pricing ‘remains attractive’ with ‘ample latent demand’

Bermuda Reinsurance

Axis completes $3.1bn Enstar legacy deal

Bermuda-based carrier completes loss portfolio transfer primarily tied to pre-2022 casualty business

Bermuda Axis Capital

Results round-up: Hartford, Kinsale and Universal

Latest results from across the market

North America Property

Scor shares surge 7.5% as European stocks lead risers

This was a muted week overall for re/insurance stocks after strong gains last week

Europe United Kingdom

US P&C insurers face ‘solid but decelerating’ growth: Swiss Re

Direct premiums written growth expected to slow to 5% in 2025 and 4% in 2026, as reinsurance giant warns underwriting tailwinds are ‘mostly past’

United States Property

WTW books 7% risk and broking growth in Q1

Chief executive, Carl Hess, says global broking giant has had a ‘solid start to the year’ and is ‘making progress’ on strategic goals

United States Willis Towers Watson

Global commercial rates fall 3% in Q1: Marsh

Property and cyber lead rate declines while US casualty pricing continues to climb

North America International
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