Articles

Insurance

Berkshire Hathaway 2018 results show P&C growth as Buffett criticises GAAP

Berkshire Hathaway stayed in the black in 2018 helped by its P&C and life and health insurance divisions, but its profits were hit by new accountancy rules that Warren Buffett, its chairman, criticised.   25 February 2019

Insurance

Ardonagh Group names new CFO, CRO

UK insurance intermediary Ardonagh Group has appointed Diane Cougill as chief financial officer (CFO) and Sarah Dalgarno as chief risk officer (CRO).   20 June 2018

Insurance

Rate hikes propel Aspen through $1bn premium mark in Q1

Profits fell at Bermuda-based Aspen Insurance Holdings in the first quarter because of net realized investment losses but the company also enjoyed solid growth in its gross written premiums, writing more than $1 billion worth of premium in the quarter for the first time.   3 May 2018

Insurance

Brown & Brown makes acquisition in Hawaii, Pacific Northwest

US-based broker Brown & Brown has entered into an agreement to acquire the Servco Pacific Insurance (SPI) operations in Hawaii and the Pacific Northwest.   3 May 2018

Insurance

Former insurance agents sentenced to combined 10yrs in prison in California

Two former insurance agents were sentenced to a combined 10 years in prison in California after being found guilty of a life insurance scheme.   2 August 2018

Insurance

The Hartford Q3 results boosted by tax changes and improved performance

Changes in US corporation tax as well as an improved performance in number of lines of business including commercial lines and personal lines boosted third quarter results at The Hartford in 2018.   26 October 2018

News

RGA sees Q3 2018 income boost

Reinsurance Group of America (RGA) has reported third-quarter net income of $301.2 million, up on the $227.6 million it made in the prior-year quarter.   26 October 2018

Insurance

Willis Re appoints new global CEO as Cavanagh steps down

Willis Re, the reinsurance business of broker Willis Towers Watson, has revealed that James Kent will succeed John Cavanagh as its global CEO.   6 July 2017

Insurance

Sirius strengthens global team with senior hires

Sirius International Insurance Group (Sirius Group) has made a series of appointments as part of an expansion of its global team.   5 October 2016

Insurance

Talanx acquires Liberty Mutual's Turkish unit

The Germany-based group Talanx is acquiring 99.4 percent of the shares in Liberty Sigorta, the Turkish non-life subsidiary of US-based Liberty Mutual Group.   23 January 2018

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