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US-based global insurance distributor AmWINS Group has announced it has secured backing from Berkshire Hathaway International Insurance for its London-based managing general agent (MGA), Unicorn Underwriting, to write motor fleet business. 29 March 2016
Insurance
Berkshire Hathaway International Insurance (BHIIL) has named Tom Bolt, Lloyd's performance director, as its new president for the UK and Southern Europe, affective from, June 1. 11 March 2016
Insurance
Gen Re, subsidiary of Berkshire Hathaway, has re-positioned its property and casualty (P&C) operations in order to serve its client better and to make it easier to access promising business opportunities in the future. 11 March 2016
Insurance
Warren Buffett, the chairman of Berkshire Hathaway, explained in the company’s annual report covering 2015 that it is including insurance underwriting income in business earnings for the first time because it de-eemphasised catastrophe coverages, meaning its results should be more stable. 29 February 2016
Insurance
LCL Acquisition, the subsidiary of Charles Taylor, has completed the sale of its holding in Bestpark International, an insurance company in run-off, to Ashbrooke Financial Group. 23 February 2016
Insurance
Insurance Australia Group (IAG) has announced an innovative reinsurance transaction with US holding company Berkshire Hathaway that mitigates the group’s exposure to the Canterbury earthquakes and asbestos related liabilities. 19 February 2016
Insurance
Insurance Australia Group (IAG) has reported a slight dip to its profits for the 1H 2016 at $610 million, compared to $693 million in 1H 2015. 18 February 2016
Insurance
Insurance Australia Group (IAG) has appointed Elizabeth Bryan as its chairman, effective 31 March 2016. 18 February 2016
Insurance
Some of the industry’s biggest players have agreed to back Lemonade, the world’s first peer-to-peer (P2P) insurance company, which has already attracted a number of well-known former re/insurance executives to its executive team. 9 February 2016
Insurance
Adsensa, a developer of document intelligence solutions, has appointed Laurie Davison as its new chief executive officer (CEO). 4 February 2016
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