Americas
See below for coverage of the US and other growing markets in the Americas
Moody’s tallies $42bn in US severe convective storm losses so far this year
Average insured loss per storm exceeds $1bn
Everest Group appoints Habayeb as CFO
Former Corebridge Financial chief financial officer succeeds Mark Kociancic
Swiss Re and Aviva lead fallers as insurance stocks tumble
Fairfax Financial was the only stock to rise this week, as global stock markets tumbled amid fears of an AI bubble
Aviation war overcapacity driven by ‘hope’ of market turn: Fidelis
Bermuda-based carrier’s chief executive, Daniel Burrows, says rates must rise significantly for ‘challenged’ class to be a growth area
US House committee passes tort reform measure
Insurance trade body welcomes bill to force disclosure of foreign entities funding litigation
Everest appoints Haase as legacy CEO
Former Catalina and CNA executive to oversee Bermuda-based group's legacy operations following $2bn renewal rights sale
Neal no longer joining AIG
Former Lloyd’s chief executive was set to join AIG next month to lead its global insurance business
US property reinsurance quotes coming in 5% to 10% down: Acrisure Re's Piccione
US market is seeing large influx of capital, but underwriting discipline expected to remain firm, senior broking executive says
NFIP back in operation, for now
Funding resolution for US flood insurance programme expires at the end of January
Brazil SCS losses ‘will be in tens of millions’
Natural disaster losses in the country have swollen in this decade due to droughts and floods
Lloyd's stocks struggle as Bermudians climb 3%
Lancashire falls as shares go ex-dividend and Hiscox downgraded by analysts
Fidelis Q3 underwriting profit climbs 57% as COR trimmed to 79%
Bermuda-based group books third quarter operating profit of $126.8m, as lower catastrophe losses boost underwriting result
Insurers must intervene in the climate debate
Sector leaders call for insurers to ‘speak louder and stronger’ in UN climate talks
Jamaica cat bond will pay out in full, World Bank says
Major modelling firms put insured losses between $1bn and $5bn
Climate change demands a whole-of-society approach: Bacani
United Nations Environment Programme’s head of insurance describes how the House of Insurance at the climate talks in Belém will stand as a symbol of inclusiveness, resilience, sustainability, and hope
Reinsurance a ‘bright spot’ for IGI: Jabsheh
IGI's Waleed Jabsheh says the reinsurance segment continues to be the best-performing part of its business, with political violence, cyber and aviation performing particularly well
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