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Insurance
Berkshire Hathaway has increased the estimated claim liabilities under a major reinsurance contract with American International Group (AIG) by approximately $1.8 billion.   26 February 2018
Swiss Re hit by $1bn cat losses in Q4
News
Swiss Re has estimated its preliminary combined claims burden from recent natural catastrophes booked in the fourth quarter of 2018 at approximately $1.0 billion, net of retrocession and before tax, mainly affecting the reinsurance operations.   15 January 2019
SCOR reshuffles management in P&C reorganisation move
News
As part of a reorganisation of its Global P&C operations, SCOR has revealed a number of key appointments.   5 September 2018
News
XL Group has appointed Christian Daniele as senior property facultative underwriter – reinsurance. He will be based in Zurich and will report to Alexander Galea, senior vice president and manager, property facultative.   21 January 2014
Insurance
Broker Lockton has launched a new investment banking and capital markets operation in New York and has appointed Vishal Jhaveri as its CEO.   5 September 2018
Insurance
Fitch Ratings has downgraded the Insurer Financial Strength (IFS) ratings of US health insurer Cigna Corporation’s operating subsidiaries to 'A' (Strong) from 'A+'.   5 September 2018
Insurance
AM Best has downgraded Kenya Reinsurance Corporation due to concerns over the effectiveness of its enterprise risk management (ERM) in the face of expected business growth and increasingly sophisticated competition.   21 February 2018
Insurance
MassMutual International has completed its sale of 85.1 percent of MassMutual Japan - its wholly-owned life insurance and wealth management affiliate - to Osaka-based mutual life insurer Nippon Life.   1 June 2018
Insurance
The Hartford's run-off life and annuity businesses Talcott Resolution has been acquired by an investor group, and will now operate as an independent stand-alone insurance company headquartered in Windsor, Connecticut, with an office in Woodbury, Minnesota.   1 June 2018
Insurance
Australian insurer IAG's non-executive director Alison Deans is set to retire from the company’s board following the annual general meeting on 20 October 2017.   5 September 2017

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