United States of America (USA)
Hurricane Hermine insured losses estimated at over $500m
Hurricane Hermine, which has killed two people and left over 250,000 people without power in Florida and Georgia, is expected to produce in excess of $500m (£375m) worth of insured losses.
Insurance Revolution joins Integro Insurance Brokers
International broker and risk management firm Integro Insurance Brokers have announced the acquisition of Insurance Revolution.
Hurricane Hermine to make landfall in Florida today
Hurricane Hermine is expected to make landfall on Florida’s coast today.
State of the Nation: Lloyd's and the London Market: The march of Globalisation
For Post’s third research project of 2016, Michèle Bacchus asks Lloyd’s and London Market players for their views on globalisation, diversity and the future of the market.
Global insurtech attracts £1bn of venture investment in the first half of 2016
Over £1bn in venture capital has been invested in global insurtech in the first half of the year, according to a report.
Esure travel insurance to cover Zika cancellations
Esure travel insurance will be covering holiday cancellations for pregnant women who no longer want to travel to countries where the Zika virus has been detected.
Brit CEO Cloutier hails "sound performance" despite "challenging" market
Lloyd's insurer Brit has reported an operating profit before FX and corporate activity costs of US$198.5m (£150.5m) for the first half of the year (H1 2015: US$70.9m). Profit after tax was US$197.6m (H1 2015: US$6.4m).
Beazley looks to target EU business from Dublin as it seeks to extend reinsurance license
Lloyd's of London insurer Beazley is working to ensure its Irish reinsurance business gains access to the European market, even if Lloyd's loses its pass-porting rights.
Former Marsh UK and Asia-Pacific CEO appointed to North American business
Former Marsh UK CEO Martin South has been appointed president of the company’s US and Canada division.
Blog: Flood Re is a sticking plaster
Flood Re, the scheme launched in early April to provide affordable home insurance for flood-prone regions, has real limitations.
Google teams up with Uber and Ford to challenge autonomous car laws
Technology giant Google is partnering with taxi-hailing app maker Uber and US carmaker Ford to lobby the US government over driverless car regulations.
Gallagher swoops for two US retail brokers
Arthur J Gallagher has acquired two US retail insurance brokers in deals that closely follow it agreeing an $800m unsecured credit facility earmarked for acquisitions.
Gallagher earmarks $800m facility for acquisitions
US-headquartered Arthur J Gallagher has entered into a five-year $800m (£561m) unsecured credit facility with a group of banks pegged for acquisitions.
BB&T completes $500m purchase of CGSC's US arm
US broker BB&T has completed the purchase of Cooper Gay Swett & Crawford’s US unit for $500m (£352m) in cash.
Amwins Group member Unicorn Underwriting gets backing to write motor fleet
US-based insurance distributor Amwins Group will partner with Berkshire International Insurance to enter the motor fleet business, via Amwins’ London-based managing general agent Unicorn Underwriting.
Kane to sell ILS administration and captive management business Artex
Global insurance management firm Kane will sell its captive management and insurance linked securities administration business, Artex Risk Solutions.
Google to shut aggregator site in UK and US
Google's price comparison website Google Compare is to close on 23 March, according to reports.
US sanctions strong disincentive for Iranian cover despite lifting of EU restrictions
Banks' reluctance to process payments is a major barrier for insurers wanting to conduct Iran-related business following European Union sanctions relief last month, while legal research has found remaining US primary sanctions are quelling the appetite…
Blog: It's Superbowl 50 - the insurance market as NFL teams
With the climax of the NFL season this weekend to commemorate Superbowl 50 I wondered: If these insurance names were American football teams, which franchises would they be?
Gallagher sees 2015 broking profits rise by 1% despite Q4 dip
Arthur J Gallagher’s broking division recorded a marginal increase in profits to $266.4m (£186.3m) last year, representing a 1.3% uptick on the $262.9m it generated in 2014.
International Group of P&I Clubs in talks with US over Iranian oil coverage
The London-based International Group of Protection & Indemnity Clubs is in talks with the US government to find a way to insure Iranian petroleum shipments, now that sanctions over Iran's nuclear program have ended.
RSG completes purchase of MGA George & Partners
Ryan Specialty Group has acquired specialist managing general agent Hunter George & Partners.
Marsh unveils global excess cyber risk facility
Global broker Marsh has launched a new global excess cyber risk facility that is designed to provide more reliable insurance coverage for organisations around the world.
AIG pares back to achieve planned $25bn shareholder return
AIG plans to return $25bn (£17.5bn) to shareholders through measures including a part-IPO of its mortgage insurance subsidiary and a series of reinsurance transactions, a strategic announcement revealed today (26 January).