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US premiums accelerate in Q2

08 July 2024

US commercial and personal lines rates increased at a faster pace in the second quarter, according to MarketScout’s price tracker...

American lightning strike losses rise

24 June 2024

US insurers paid more than $US1.2 billion ($1.8 billion) for lightning-related damage to homes last year, according to the Insurance Information Institute...

Personal lines drive US insurers’ earnings recovery

17 June 2024

The US property and casualty industry made a net underwriting gain of $US9.3 billion ($13.9 billion) in the March quarter, rebounding from a year-earlier loss of $US8.5 billion ($12.7 billion), according to AM Best...

Economic risk dominates C-suite concerns

17 June 2024

Top executives fear economic risk most, with 82% highlighting threats posed by inflation, interest rates and currency volatility in a survey by global law firm Clyde & Co...

Insurance program to underpin Ukraine investment 

17 June 2024

A $US350 million ($527 million) insurance program involving the US International Development Finance Corporation and Aon has been established to support investment directed at Ukraine’s urgent economic needs and long-term recovery...

AM Best upgrades reinsurance outlook 

17 June 2024

AM Best has raised its global reinsurance sector outlook to positive from stable as robust profit margins follow a period of drastic repricing and changed terms and conditions...