International, domestic insurers push into catastrophe-hit US property markets

International, domestic insurers push into catastrophe-hit US property markets

International insurers are capitalizing on the U.S. market for high-risk homes, as domestic providers retreat amid rising premiums from natural disasters, leading to increased demand for E&S policies.

U.K. stocks higher at close of trade; Investing.com United Kingdom 100 up 0.13%

U.K. stocks rose post-Thursday close, led by gains in Beverage and Insurance sectors, while Frasers Group fell significantly to 52-week lows.

Hurricane Milton could cost insurers $60 billion, raise reinsurance rates, RBC says

Hurricane Milton may cause $60 billion losses for the insurance industry, affecting reinsurance prices and increasing some companies' shares as many evacuate coastal areas.