News
Insurance
Berkshire Hathaway’s insurance entities posted an underwriting profit of $441 million in the third quarter of 2018, a big turnaround on the same period a year earlier when they made a loss of $1.44 billion thanks to several large cat events. 5 November 2018
Insurance
The outcome of the case will provide clarity regarding business interruption claims for small business and insurers. 30 July 2020
Insurance
Mumenthaler says the company is reaping the benefits of strategic actions and disciplined underwriting. 29 October 2021
Alternative Risk Transfer
Nephila Capital, the insurance-linked securities (ILS) specialist now owned by Markel, has received regulatory approval to establish its own Lloyd’s managing agency. Nephila Syndicate Management will launch on October 11, 2019. 9 September 2019
Insurance
Shareholders voted “overwhelmingly in favour” of directors put forward by re/insurance firm Argo at its AGM, crushing a bid to change direction at the top of the company by activist investor Voce Capital Management. 28 May 2019
Insurance
US-based Ryan Specialty Group (RSG) is establishing RT Specialty Buffalo, New York office, a new wholesale brokerage unit, at the current location of acquired managing general agent (MGA) LoVullo Associates. 10 April 2017
Insurance
Rising costs from ransomware and systemic threats have changed attitudes to cyber threats over the last year, according to the ratings agency. 16 September 2021
Insurance
Specialty lines insurer HDI Global Specialty SE has expanded its UK executive team with the hires of Clare Constable as director of claims and Will Morris as director of underwriting for delegated authority. 4 September 2019
Insurance
The total pay out for insured losses following the Kumamoto earthquake has now reached JPY317 billion ($3 billion), according to data from the General Insurance Association of Japan. 24 June 2016
News
Managing general agent Emerald Life was created to meet a very specific gap in the insurance market, caused by discrimination. Intelligent Insurer investigates. 25 February 2019
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