Archive

US government doubles Strait of Hormuz reinsurance programme and adds participants

AIG, CNA, Starr, Liberty, Berkshire Hathaway and Travelers join Chubb

Travelers sells Canadian business for $2.4bn, propelling Definity to top five P&C insurer

The deal is expected to close in the first quarter of 2026

Chubb takes $1.5bn hit from California wildfires

Natural catastrophes hurt US insurer results in Q4

KCC pegs LA wildfire insured losses at $28bn

Fitch Ratings expects losses to remain within rating sensitivities

Florida still not attractive enough to cover, says Travelers

Reforms are only a start in the nat cat prone state, insurer says

Travelers acquires cyber MGA Corvus for $435m

Everest Insurance names Melissa McDermott as global chief actuary

Travelers investing heavily in AI

Economic impact of AI will be profound, says CEO

Major US insurers under scrutiny over climate and fossil fuel policies

US senators have written to AIG, Berkshire Hathaway, Chubb, Liberty Mutual, Starr, State Farm and Travelers

Macroeconomic threat to future performance of "stellar" US surety sector

US surety underwriters facing tough macroeconomic conditions, says AM Best