News

News

Liberty Mutual profits hike by 26%

Liberty Mutual enjoyed a strong third quarter as its profits hiked 26.6 percent and it benefitted from its stop loss reinsurance agreement with Berkshire Hathaway.   11 November 2014

Insurance

General Reinsurance AG appoints Pasdika to executive board

The company's head of international life/health Winfried Heinen is set to retire.   7 May 2020

Insurance

AIG stumbles over its casualty business and finally reacts

American International Group’s US casualty business has performed significantly worse than expected by the firm in recent years, resulting in a $3 billion loss in the fourth quarter of 2016 as the company reacted by striking a reinsurance deal and significantly increasing claims loss reserves.   17 February 2017

Insurance

BHSI poaches former AIG exec

Berkshire Hathaway Specialty Insurance (BHSI) has appointed Chuck Hasselback to head its environmental group.   7 January 2015

Insurance

S&P upgrades Liberty following Berkshire deal

Standard & Poor’s (S&P) has upgraded Liberty Mutual ratings following the insurer’s $6.5 billion adverse cover deal with National Indemnity, a subsidiary of Berkshire Hathaway.   21 July 2014

Insurance

IRB Brasil Re on lookout for permanent CEO following departures

The company has appointed new chairman and interim CEO as per federal government's guidance.   17 March 2020

News

BHSI poaches RSA and Swiss Re execs

Berkshire Hathaway Specialty Insurance (BHSI) has strengthened its leadership and underwriting team in Asia with two appointments.   23 February 2015

Insurance

Everest bolsters excess casualty team with Aspen and Conifer hires

Everest Insurance, the specialty insurance division of Bermuda-based Everest Re Group, has made two key hires from Aspen and Conifer to help expand its excess casualty retail capabilities in the Central and West territories in the US.   11 June 2019

Insurance

BHSI expands US property line; hires AIG exec

Berkshire Hathaway Specialty Insurance (BHSI) has expanded its US property underwriting line and has appointed a former AIG exec to head it.   6 February 2015

Insurance

Aon-Berkshire launch side car

Aon Risk Solutions has signed a unique co-insurance agreement with Berkshire Hathaway International Insurance that provides clients fast and efficient access to AA+ rated capacity for all eligible business placed by Aon Risk Solutions where the Lloyd’s market participates.   20 March 2013

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