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US industry associations deny relevance of UK BI case verdict
17 September 2020The UK case found in favour of policyholders and had been expected to provide template for other jurisdictions
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US wildfires to cost insurers up to $8bn, Moody's estimates
17 September 2020Western state blazes have claimed 34 lives and destroyed almost 10,000 homes
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Tropical storm Sally pours down on US Gulf Coast
17 September 2020Sally weakened from a hurricane to a tropical depression shortly after making landfall
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Sally set to hit US Gulf Coast as cat 2 hurricane
14 September 2020Hurricane warnings are in place from parts of Louisiana to the Mississippi/Alabama border
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US federal report warns of serious climate threat to financial system
09 September 2020First ever federal analysis of climate change impact on finance counters Trump government policies
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Moody's Analytics launches LDTI accounting software
09 September 2020Software will integrate with company's Axis actuarial modelling system
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Arch Capital eyes $500m Watford takeover bid
09 September 2020Arch leading a consortium of private equity firms, according to Reuters
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US insurers winning early Covid-19 BI litigation battles
02 September 2020Group action move collapses and retroactive legislation stalls
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US life-annuity industry's H1 net income dives by 66%
02 September 2020Jackson National's ceded coinsurance agreement with Athene Life Re drove the decline
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Hurricane Laura weakens after battering Louisiana
28 August 2020Winds of up to 150mph struck coastal state killing six people