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Reinsurance Association of America rejects ‘US Re’ proposal

19th March 2026

The Reinsurance Association of America (RAA) has rejected the Hamilton Project’s proposal for US Re, a federal reinsurance entity for homeowners insurance, arguing that it fails to address the underlying drivers of insurance costs. The proposal was outlined in a paper presented at a Brookings Institution event, authored by Benjamin ... Read the full article

NA P&C re/insurers maintain favourable operating returns in FY’25: Fitch

18th March 2026

Fitch Ratings’ review of 2025 GAAP financial results for 41 North American property and casualty re/insurers found that operating returns remained at favourable levels, supported by strong underwriting results and investment income growth. The group’s overall operating return on common equity was 10.9% in 2025, down from 11.1% in 2024, with ... Read the full article

US P&C rating upgrades outnumbered downgrades in 2025: AM Best

17th March 2026

In 2025, rating upgrades outnumbered downgrades for the US P&C industry for the first time in several years, driven by the commercial lines segment, according to AM Best’s recent report. AM Best noted that both upgrades and downgrades declined in 2025, while affirmations rose by nearly 10% year over year, reflecting ... Read the full article

AM Best reports decline in US P&C insurer impairments in 2024

11th March 2026

Only one US property and casualty (P&C) insurer was recorded as impaired in 2024, a notable reduction from the 13 impairments reported a year earlier, according to credit rating agency AM Best. AM Best outlines the findings in its report, 2024 US P&C Impairments Update. According to AM Best, the sole ... Read the full article

SPG expands speciality property insurance platform with Proper Insurance acquisition

10th March 2026

Specialty Program Group (SPG), an operator of specialty insurance distribution, underwriting, and consulting businesses, announced the acquisition of Proper Insurance, a provider of insurance coverage designed specifically for short-term rental properties. Proper Insurance, founded in 2014 and headquartered in Bozeman, Montana, offers a commercial insurance solution that serves as a replacement ... Read the full article

Citizens rates fall as policy count decline drives lower reinsurance demand

5th March 2026

Rates are continuing to fall at Citizens Property Insurance Corporation, reflecting a shrinking exposure base as policy counts decline and Florida’s property insurance market stabilises. Regulators approved an average 8.8% rate reduction for homeowners multiperil policyholders this week, with wind-only customers seeing an average 5.5% cut, as the Florida Office of ... Read the full article

Delos and ROAR partner to deliver comprehensive disaster risk exposure strategy

2nd March 2026

Delos Insurance Solutions, a property insurance managing general agent (MGA), and ROAR Partners, an investment advisory firm focused on pre-disaster risk exposure mitigation, have entered into a strategic collaboration designed to offer a complete disaster risk exposure strategy for wildfire-prone regions throughout California and the United States. The joint initiative will ... Read the full article

Exzeo Group announces flood insurance partnership with Tokio Marine Highland

27th February 2026

Exzeo Group, Inc., a technology-driven insurance distribution and services company, has announced a strategic partnership with Tokio Marine Highland, a wholly owned subsidiary of Tokio Marine Kiln, an international specialty insurer. Through this agreement, Exzeo will distribute TMH2O, Tokio Marine Highland’s primary residential flood insurance product. The addition of TMH2O expands ... Read the full article

US winter storms to hit Q1 profits with primary insurers expected to absorb losses: AM Best

26th February 2026

Losses from two major winter storms in the United States - Fern in January and Hernando in February - are expected to result in a significant decline in underwriting profits for the first quarter of 2026, but the impact will be less severe than the California wildfires of 2025, according ... Read the full article

Hippo sees $6m net income and improved CoR in Q4’25

25th February 2026

Home insurance group Hippo has announced its financial results for the fourth quarter of 2025, reporting $6 million in net income, 40% gross written premium growth, and an improved combined ratio of 99%. Net income in Q4 2025 compares to a $44 million net income in Q4 2024, which included a ... Read the full article

Delos Insurance Solutions strengthens leadership team amid expansion plans

25th February 2026

Delos Insurance Solutions, a property insurance managing general agent, has made a series of senior leadership changes as it prepares for its next phase of expansion. The company specialises in home insurance solutions, particularly in markets where many traditional carriers have reduced or withdrawn coverage. By combining proprietary wildfire science with ... Read the full article

US P&C industry sees decade-high performance in 2025, AM Best reports

24th February 2026

The United States property and casualty (P&C) insurance sector recorded its strongest performance in ten years in 2025, driven by disciplined underwriting, robust pricing and investment gains, despite ongoing pressures from claim costs and liability exposure, according to credit rating agency AM Best. In its annual Review & Preview Best’s Market ... Read the full article

Vistria to capitalise growth in specialty MGA market with Lumen acquisition

23rd February 2026

Lumen Holdings, LLC, a technology-enabled managing general agent (MGA) headquartered in Dallas, Texas, has been acquired by the Vistria Group, LP, a middle market private investment firm. The transaction positions Lumen as a new platform investment within Vistria's Financial Services strategy. This move, Vistria noted, reflects the culmination of several years of ... Read the full article

Allstate estimates $175m January 2026 winter storm losses

19th February 2026

The Allstate Corporation, a US-based insurance and financial services provider, has announced preliminary catastrophe losses of approximately $175 million for January 2026, equivalent to $138 million after tax, primarily attributed to Winter Storm Fern. This compares with substantially higher catastrophe losses in January 2025, when the company reported $1.08 billion, or ... Read the full article

Flood risk intensifies as insurance protection lags across the US: Triple-I

18th February 2026

The Insurance Information Institute (Triple-I), a US-based trade association representing the insurance industry and providing research and data on risk trends, reports that 2025 saw a rapid succession of deadly floods across the country, underscoring the increasing threat of inland and flash flooding and the continuing importance of adequate flood ... Read the full article