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Insurance
Gen Re, a Berkshire Hathaway Company, has appointed William Casill to join its North American life and health business as senior vice president and chief actuary. 23 May 2017
Insurance
Global insurance mergers and acquisitions (M&A) transaction activity dropped in 2016 across all sectors, according to a study by Conning. 17 May 2017
Insurance
Berkshire Hathaway Specialty Insurance (BHSI) has appointed Martin Leeks as senior vice president, casualty, UK and Southern Europe. He will be based in BHSI’s London. 16 May 2017
News
Gen Re, a Berkshire Hathaway company, is the latest reinsurer to receive approval (R3 license) from the Insurance Regulation and Development Authority of India (IRDAI) to open a branch in Mumbai. 15 May 2017
Insurance
At the start of 2017 Premia Holdings, a company dedicated to the run-off market, was founded on Bermuda with $500 million of capital—a deal that represented one of the biggest capital raisings in the sector. In an interview first published in sister publication Bermuda:Re+ILS, CEO Bill O’Farrell explains why he expects fast growth in the run-off sector. 10 May 2017
Insurance
A $9.8 billion reinsurance deal with AIG and the UK’s Ogden discount rate change weighed on Berkshire Hathaway’s first quarter results. 8 May 2017
Insurance
Ratings agency AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating (FSR) of A+ (Superior) and Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” of the US life/health subsidiaries of Netherland-based insurance group Aegon. 8 May 2017
Insurance
France-based credit insurance company reported lower net income for the first quarter of 2017 but the combined ratio improved as the company implements actions to protect profitability. 8 May 2017
Insurance
China's insurance regulator has barred Anbang Life Insurance from applying to issue new products for three months, the latest move in an industry-wide crackdown, Reuters reported May 5. 8 May 2017
Insurance
Bermuda-based mortgage insurance provider Essent Group has expanded its business in the first quarter of 2017, helping to lift profits. 8 May 2017
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