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Berkshire Hathaway has reported an underwriting profit for the 12th consecutive year. Its profit hit $2.7 billion in 2014. 2 March 2015
Insurance
Berkshire Hathaway enjoyed a strong performance in the third quarter, as Berkshire Hathaway Reinsurance Group’s premiums more than doubled. 10 November 2014
News
Reinsurer General Reinsurance has promoted Martin Hacala to the role of global claims manager. In addition, Ron Lepinskas has joined Gen Re Claims as global casualty lines manager, and Geoff Piggot has assumed responsibility for global property lines. 20 March 2014
Insurance
Managing general agency US Risk Insurance Group has appointed John Daum an executive vice president for its New York office. 7 April 2015
Reinsurance
Diversification should not be regarded as a panacea by reinsurers and the industry as a whole must be wary of the consequences of under-pricing catastrophe risks however they are packaged. 8 September 2013
Insurance
Gen Re, a Berkshire Hathaway company, has become a reinsurance partner to Gable Insurance AG, a wholly-owned subsidiary of Gable, a European non-life insurance company. 11 August 2014
Insurance
US insurer St. Johns Insurance has appointed Hugh Brewer to the board of directors. 14 March 2014
Insurance
Fluctuations in the profitably of its reinsurance businesses contributed to a drop in earnings at Berkshire Hathaway’s first quarter results. Its unit Berkshire Hathaway Reinsurance Group in particular saw a severe fall in its pre-tax profits due to fluctuations in currency exchange rates and one off deals in the first quarter last year. 6 May 2014
Insurance
The re/insurance industry needs to play its part in driving forward the implementation of regulation relating to cyber risks if effective products transferring the risk around this threat are to be developed. 29 October 2014
Insurance
The European reinsurance market remains extremely attractive both for its incumbent players and for newer entrants into the market—all of which should make for some interesting negotiations as each camp tries to cement or grow their footing in the market, as Intelligent Insurer discovers. 20 October 2014
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