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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
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
Endurance has again launched a blistering attack on the performance of Aspen Insurance as it continues to try to convince Aspen shareholders to force a special general meeting that would pave the way for Endurance to buy the company. 10 July 2014
Insurance
Risk managers are giving greater consideration to how they will finance increasing risk exposures, such as terrorism, as socio-political events intensify, according to JLT. 1 July 2016
Insurance
A report by Zurich Insurance calls for improving the language around the ‘100 year flood’ event to one that illustrates the level of risk and the consequences for individuals and communities. 25 August 2016
Insurance
Though most London market insurers are performing well and have strong balance sheets, they must beware of the threat of opportunistic capital exploiting any turn in the market. They must adapt their soft market strategies with this in mind, AM Best has claimed in a report. 24 August 2016
Insurance
Telematics is improving risk assessment and fraud detection in motor insurance, but car manufacturers will be core to allow for further innovation in the segment. 24 November 2016
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
The number of completed mergers and acquisitions (M&A) in the global insurance industry fell to 387 in 2016, 13 percent down from the 444 transactions recorded in 2015, according to a new report. 16 March 2017
Insurance
Lloyd’s syndicate AEGIS London has appointed Dan Rouse as casualty underwriter. 18 May 2015
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