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Insurance
Berkshire Hathaway Specialty Insurance (BHSI) plans to target the contract surety market and has hired an executive from Zurich to spearhead its push. 13 June 2014
News
Berkshire Hathaway has been granted a licence to operate within Brazil as an “eventual reinsurer” by the country’s insurance regulator Susep, according to reports. 28 May 2014
News
The re-emergence of an active reinsurance market for variable annuity (VA) risk is a potential positive development for US life insurers that sell VAs. 9 May 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
Greg Case, the chief executive of Aon, has defended the broker’s controversial sidecar deal with Berkshire Hathaway last year and said the facility has been a resounding success with clients despite a mixed reaction to it in the wider markets. 11 April 2014
Insurance
Berkshire Hathaway Specialty Insurance has appointed Stephen Dunn of CNA as vice president, Healthcare Professional Liability. He will be based in New York. 2 April 2014
Insurance
Warren Buffett, chairman and chief executive of Berkshire Hathaway has cut most of the company’s catastrophe insurance business in the US, stating a decrease in interest rates as the reason. 17 March 2014
Insurance
Berkshire Hathaway Specialty Insurance (BHSI) has introduced a healthcare umbrella policy designed to address the exposures of large medical providers in today’s ever-changing healthcare environment. 5 March 2014
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