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Catastrophe losses stemming mainly from the three the hurricanes and wildfires that hit the US last year cost Berkshire Hathaway some $3 billion and led to heavy underwriting losses in its re/insurance units. But Warren Buffett, the company’s chairman, was quick to stress that such years are rare and prior to 2017 the company had recorded 14 consecutive years of underwriting profits. 26 February 2018
Insurance
US retail insurance broker William Gallagher Associates (WGA) has launched an open source cyber risk centre. 24 February 2015
Insurance
The way in which insurance companies operate is the polar opposite of Generation Y (millennials), a generation synonymous with technology and social media. 22 September 2017
Insurance
Dual, the underwriting arm of the Hyperion Insurance Group, has appointed Amanda Hayes as managing director of Latin America and Caribbean business development. 23 July 2015
Insurance
AM Best has upgraded the financial strength rating of Arab Insurance Group (Arig) to A- (Excellent) from B++ (Good). The outlook of the rating has been revised to stable from positive. 22 December 2016
Insurance
Bermuda-based Endurance posted a solid set of results in the first quarter of 2015, driven by strong growth in both its insurance and reinsurance segments. 5 May 2015
Insurance
The move of the the European operations to Brussels after Brexit is a logical move as mainland Europe insurance operations grow faster than in the UK and the prospects look good, said Richard Pryce, CEO QBE European Operations. 27 February 2018
Insurance
Large reinsurance buyers claim they are not focusing on price in the upcoming renewals season. 18 October 2016
News
Citing Charles Darwin, SCOR CEO Denis Kessler believes that only the companies most responsive to change will survive in an increasingly complex and dynamic operating environment for reinsurers. 14 November 2018
Insurance
US broker Lockton has named Justin VanOpdorp as its first chief analytics officer. 18 October 2015
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