North America
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Strong interest in ART despite market flattening, says Artex
Interest in alternative risk transfer solutions remains strong despite stabilising US property rates and a general flattening across European and…
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US employers not ready for pay transparency laws
Three-quarters of US employers are not ready for pay transparency laws, which are currently, or will be, in effect in…
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European stock markets at most risk from geopolitical shocks
Companies listed on European stock markets are at greater risk from geopolitical shocks than those in other regions of the…
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Rate increases accelerate in several US lines but slow in property, says Ivans
US premium renewal rate increases accelerated in several lines of coverage in November but slowed in commercial property, says a…
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Nat cat insured losses to hit $135bn this year: Swiss Re
Insured losses from natural catastrophes are forecast to exceed $135bn in 2024, according to a report from Swiss Re. It…
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Significant improvement in US P&C sectors’ underwriting result
The US P&C industry has seen a significant improvement in underwriting returns, recording a $4.1bn net underwriting gain in the…
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New CEO and CUO for Lancashire Insurance US
Lancashire Holdings has appointed James Flude as chief executive officer of Lancashire Insurance US and Huw Jones to the new…
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Economic risks still dominate WEF survey
Economic risks continue to dominate the concerns of G20 business leaders polled for the World Economic Forum’s (WEF’s) latest Executive…
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North American risk and broking head Chang leaves WTW
Michael Chang has left his position as head of corporate risk and broking for North America at WTW. Chang’s departure…
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CyberCube partners with HUB International in North America
Cyber risk analytics firm CyberCube has partnered with HUB International, giving the North American broker the opportunity to leverage CyberCube’s software…
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Oversupply of capacity driving down airline hull and liability rates
The airline insurance market remains competitive, with plenty of capacity for hull and liability risks, which is driving rates down,…
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WTW to re-enter treaty reinsurance broking
Willis Towers Watson has confirmed it will re-enter the treaty reinsurance broking sector via a joint venture with Bain Capital.…
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Brokerslink launches global trade credit practice
Brokerslink is set to expand the number of its specialty practices, designed to better support international companies, after launching into…
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Liberty Mutual names next president of GRS North America
Liberty Mutual Insurance has named Marc Orloff as the next president of Global Risk Solutions North America, effective 1 January…
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Zurich completes AIG travel deal
Swiss insurer Zurich has completed its purchase of AIG’s global personal travel insurance business. The deal, which was first announced…
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More premium rate stability for US commercial property insureds
US commercial property insureds should see improved premium rate stability as inflationary pressures on replacement costs have eased substantially throughout…
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Ryan Specialty makes leadership changes to international unit
US-based insurer Ryan Specialty has named Mark Birrell as executive chairman of its international business, Ryan Specialty Underwriting Managers International…
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Cyclones cause $51bn in insured losses: Munich Re
Tropical cyclones, or hurricanes in the North Atlantic and typhoons in the Northwest Pacific, caused an estimated $51bn in insured…
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Miller appoints business development leader in marine team
Guy Pierpoint has been appointed to Miller’s marine team in a leadership role focusing on business development. He will have…
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Many global firms lack plans to manage extreme weather, finds International SOS
A survey by International SOS Foundation has found that just a third of firms (36%) have comprehensive plans and policies…