News

Insurance

S&P upgrades Berkshire insurance units outlook

S&P Global Ratings has changed the outlook to stable from negative for Berkshire Hathaway's (BRK's) operating insurance subsidiaries, National Indemnity, Government Employees Insurance, General Reinsurance, and other related insurance subsidiaries due to a more robust capital base.   27 September 2018

Insurance

IAT Insurance Group enters management liability market

IAT Insurance Group, a provider of specialty property and casualty products, is expanding its product offerings with the formation of a new management liability business unit. It will be led by John Passaro who brings more than 28 years of experience in the insurance industry, including extensive experience with management and professional lines.   16 October 2019

Insurance

Canopius appoints new property treaty underwriter from SCOR

Specialty re/insurer Canopius has appointed Marco Silva as senior underwriter, property treaty reinsurance in London.   8 November 2018

Insurance

Monument Re acquires €140m Irish annuities portfolio from Rothesay Life

Bermuda-based Monument Re is to acquire a €140 million portfolio of Irish annuities from insurer Rothesay Life.   2 April 2019

News

Aspen elevates CUO to lead reinsurance as CEO Lillelund resigns

Bermuda-based Aspen has appointed Emil Issavi, president and chief underwriting officer of Aspen Re, to lead its reinsurance business, succeeding CEO Thomas Lillelund.   8 August 2018

Insurance

China Pacific invests in B3i; insurance blockchain seeks expansion in new and growing markets

Blockchain insurance industry initiative B3i has added Chinese insurer China Pacific Insurance Company (CPIC) as its latest shareholder, with Li Hao joining as a member of the board.   22 August 2019

Insurance

Monument Re acquires run-off portfolio from Enstar subsidiary

Bermuda-based Monument Re has acquired a run-off portfolio of traditional life and credit life business from Alpha Insurance, a Belgian composite insurance company and a wholly-owned subsidiary of Enstar Group.   8 November 2018

Insurance

Canopius signs underwriting deal with MGA Anvil

Specialty re/insurer Canopius has signed an underwriting partnership with credit and political risk managing general agent (MGA) Anvil Underwriting.   3 September 2018

Insurance

Zurich’s top line for the nine months shows good growth

Company is on track to exceed all targets for 2017-2019   7 November 2019

Insurance

AXA XL suffers high charges in reinsurance

‘AXA XL incurred an above average level of natural catastrophe claims in the third quarter and early into the fourth quarter, mostly from reinsurance’.   7 November 2019

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