Articles
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
Greg Case, the chief executive of Aon, has defended the broker’s controversial sidecar deal with Berkshire Hathaway last year and said the facility has been a resounding success with clients despite a mixed reaction to it in the wider markets. 11 April 2014
Insurance
Berkshire Hathaway Specialty Insurance has appointed Stephen Dunn of CNA as vice president, Healthcare Professional Liability. He will be based in New York. 2 April 2014
Insurance
Warren Buffett, chairman and chief executive of Berkshire Hathaway has cut most of the company’s catastrophe insurance business in the US, stating a decrease in interest rates as the reason. 17 March 2014
Insurance
Berkshire Hathaway Specialty Insurance (BHSI) has introduced a healthcare umbrella policy designed to address the exposures of large medical providers in today’s ever-changing healthcare environment. 5 March 2014
News
In his much-anticipated and widely read annual letter to shareholders, Berkshire Hathaway chairman Warren Buffett has sparked much debate about the future of the reinsurance industry and its competing models after criticising the business model of some of its oldest and most established players. 3 March 2014
News
The fate of SAC Re isn’t frightening investors away from the hedge fund-backed reinsurance model, says Randall Swan, chairman of the board at Swan Re. 21 February 2014
News
A new reinsurer has been formed on Bermuda led by Greg Morrison, the former chief executive of Platinum Underwriters. It will operate through MultiStrat Re, a platform formed by Taussig Capital to help hedge funds and other investors tap into the reinsurance space. 5 February 2014
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