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Insurance
Berkshire Hathaway has been fined $896,000 by the US Department of Justice for allegedly violating premerger reporting and waiting requirements. 22 August 2014
Insurance
Warren Buffett's Berkshire Hathaway has confirmed that it has poached two senior executives from the Asian operations of American International Group (AIG). 15 August 2014
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
There will always be those that resist change in the insurance industry but that should not be an excuse for shunning innovation, Greg Case, the chief executive of Aon, tells Intelligent Insurer. 4 August 2014
Insurance
Berkshire Hathaway has posted record profits for the second quarter tied to a jump in investment gains. 4 August 2014
Insurance
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
News
Liberty Mutual has bought adverse development cover with an aggregate limit of $6.5 billion from Berkshire Hathaway subsidiary National Indemnity Company. 18 July 2014
News
Arch Capital has made a number of promotions in its reinsurance group to support the recent expansion of the company’s mortgage insurance and reinsurance operations. 7 July 2014
Insurance
The Lloyd’s Market has made good progress in preparing for Solvency II. But despite some £400 million having been invested so far, more work is needed to ensure it secures model approval, believes Luke Savage, director of finance and operations. 4 July 2014
Insurance
Warren Buffett’s reinsurance firm Berkshire Hathaway has renewed and extended a health reinsurance agreement with Ireland’s state health insurer VHI for four years. 18 June 2014
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