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Berkshire reinsurance swings to profit in Q2
News
Berkshire Hathaway Reinsurance Group made a profit in the second quarter of 2018 as performance in both property/casualty (P&C) as well as life/health (L&H) underwriting improved.   6 August 2018
DSA Re deal paves way for AIG legacy divestment
Insurance
The deal with The Carlyle Group will make it easier for AIG to divest the rest of its DSA Re legacy portfolio, AIG CEO Brian Duperreault said during the group’s second quarter earnings call.   6 August 2018
MSIG partners with insurtech Plug and Play
Insurance
Asian general insurer MSIG Insurance has entered into a strategic partnership with Plug and Play, a startup accelerator and corporate innovation platform.   6 August 2018
Insurance
Compass Underwriting, a specialist underwriting agency in the accident and health (A&H) market, has partnered with specialist bike insurer Bikmo to provide an accident and injury insurance product for self-employed couriers working in the gig economy.   6 August 2018
Insurance
Switzerland-based insurance platform wefox has entered the Italian market and closed a partnership with brokerage Mansutti.   6 August 2018
Insurance
Australia-based QBE Insurance is selling its travel insurance business to health insurer nib holdings (nib).   3 August 2018
Insurance
American International Group (AIG) has appointed David McElroy as CEO of its surplus lines insurer Lexington Insurance Company.   2 August 2018
Insurance
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
American International Group (AIG) is selling 19.9 percent of its legacy portfolio DSA Re to private equity firm The Carlyle Group.   1 August 2018
Alternative Risk Transfer
The Federal Emergency Management Agency (FEMA) has secured $500 million in reinsurance for its National Flood Insurance Program (NFIP) through capital markets.   1 August 2018

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