Property - North America

News, insights and thought leadership for re/insurance professionals with an interest in North American property.

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Annual report and accounts 2020

Through the turmoil of 2020, our core elements of resilience, consistency, and responsibility have enabled us to keep our promises to our...

Report / 1 year ago

Trading Update

We announced in April our estimate of the cost of Covid-19 claims for our first party business (contingency, accident and health, marine, property and reinsurance) to be around US$170m net of reinsurance...

PR / 2 years ago

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Insider in Full: July renewals: Inflation and losses build up cat rate mome...

Historic losses in Australia combined with growing fears around inflation are building up pressure for pr...

Insurer in Full: How the $1bn Surfside settlement breaks down

The approval of the $1bn+ settlement for the victims of the Champlain Towers South collapse in Surfside, ...

Florida insurance regulator sets 2022 rates for Citizens Property Insurance...

Effective date for new and renewal rates is September 01, 2022...

Florida’s Citizens Insurance Could Spend $100M on Defense Legal Fees This Y...

Citizens Property Insurance Corp. could spend $100 million this year on attorneys who defend claims litig...

Florida judge finalizes settlement for victims of Surfside condo collapse -...

A Florida judge approved a $1.2 billion settlement for the victims of a condominium collapse that killed ...

Extreme Fraud and Litigation Causing Florida’s Homeowners Insurance Market’...

With its overabundance of unneeded new roofs on homes, and flashy lawyer billboards at every turn claimin...

Reflections on the Impacts of Rising Claim Payouts in Recent Hurricanes

As another North Atlantic hurricane season begins, I can’t help but reminisce about some of the storms th...

Flooding and droughts forecast to cost cities $194bn annually

Climate-related flooding and droughts are likely to impact millions more people and cost the world’s majo...