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Insurance
Fluctuations in the profitably of its reinsurance businesses contributed to a drop in earnings at Berkshire Hathaway’s first quarter results. Its unit Berkshire Hathaway Reinsurance Group in particular saw a severe fall in its pre-tax profits due to fluctuations in currency exchange rates and one off deals in the first quarter last year. 6 May 2014
Insurance
American International Group (AIG) has announced its plan to locate an insurance company in Luxembourg to write business across the European Economic Area (EEA) and Switzerland once the UK leaves the European Union. 8 March 2017
Insurance
As the current low yield environment is expected to persist, insurers have been seeking ways to generate higher yields, and sub-investment grade bonds may fit the bill, says Simon Richards. 8 September 2013
Insurance
TransRe enjoyed strong growth in 2016 but this was largely driven by a one-off whole account quota share transaction and Alleghany Corporation, its parent company, stressed that it remains highly selective in the reinsurance treaties that it writes. 23 February 2017
Insurance
JLT Specialty USA, a US subsidiary of insurance and reinsurance broker Jardine Lloyd Thompson Group (JLT), has appointed Perry Robinson as senior vice president (SVP). 28 January 2016
Insurance
Barbican Managing Agency (Barbican) is continuing to consolidate its position in what it states is a rather challenging time for the market. 13 September 2017
Alternative Risk Transfer
2017 was a record breaking year for cat bond issuance. Gary Harris and Brad Adderley from legal firm Appleby take a look back at what was a year to remember. 25 April 2018
Insurance
Credit risk insurance policies are likely to become more expensive and less readily available if regulatory changes proposed by the UK’s Prudential Regulation Authority (PRA) are pursued, according to the International Underwriting Association (IUA). 16 May 2018
Insurance
Hurricane Irma could possibly be a market-changing event, depending on its path and the level of damage it causes, according to Fitch Ratings. 11 September 2017
Insurance
Hannover-based insurance group Talanx exceeded profit expectations in the third quarter in 2016 and raised its targets for 2017. 15 November 2016
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