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Insurance
Berkshire Hathaway Specialty Insurance (BHSI), a wholly owned subsidiary of Warren Buffett’s Berkshire Hathaway, has added automatic reinstatement provision to its executive first directors & officers (D&O) liability insurance offering in Asia. 14 August 2019
Insurance
The reinsurance arm of Transatlantic Holdings and a wholly owned subsidiary of Alleghany Corporation has unveiled several changes to its regional leadership teams and its global business development function. TransRe said the changes are designed to better position the company to take advantage of current and future market opportunities. 12 August 2019
Insurance
Argo Group, the specialty re/insurer, has confirmed it will introduce proposals to cut the number of board directors from 13 to 11 and change the way they are elected, as well as confirming changes to executive pay. 9 August 2019
Alternative Risk Transfer
The insurance-linked securities (ILS) market declined year-on-year in the second quarter of 2019, making it the second-lowest Q2 for issuance by volume in the past eight years, except for 2016. 7 August 2019
Insurance
Reinsurer Greenlight Re CEO Simon Burton, said “conditions are improving in multiple lines of business” as the firm reported gross written premiums (GWP) and net income increases in its 2019 second quarter results. 6 August 2019
Insurance
Property and Casualty (P&C) insurance industry firm Guidewire has appointed Mike Rosenbaum, former EVP Product at Salesforce, as chief executive. 6 August 2019
Insurance
Allianz Global Corporate & Specialty SE (AGCS) has created the post of regional head of multinational Americas and hired Ben Mitchell for the role, starting immediately. 6 August 2019
Insurance
US-based enterprise risk management agency Cobbs Allen has hired former JLT US chief revenue officer (CRO) David Payne as part of plans to expand its insurance brokerage business. 6 August 2019
Insurance
Argo Group’s 2019 second quarter and half year results deliver “strong shareholder value creation” despite some claims volatility in the second quarter of 2018, said CEO Mark E Watson III. 6 August 2019
Insurance
There has been a reshuffle at Marsh’s aviation practice with the exit of key team members and the impending arrival of an experienced insurance executive from Boeing. 2 August 2019
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