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Berkshire Hathaway has reported an underwriting profit for the 12th consecutive year. Its profit hit $2.7 billion in 2014. 2 March 2015
News
The quietest US Atlantic hurricane season in decades will lead to a low double-digit fall in related catastrophe reinsurance pricing in the key 2014 renewals, says Fitch Ratings. 3 December 2013
News
Rating agency AM Best has obtained the necessary approvals to establish within the Dubai International Financial Centre. 21 February 2012
Insurance
Insured catastrophe losses in 2015 were below average, according to a new report by Guy Carpenter, despite the year being one of the strongest El Niño periods on record. 22 March 2016
Insurance
The renewable energy sector is growing quickly, attracting new competitors. But only companies with the attributes of expertise and the ability to write big lines will win in the long term, says Michael Bernay of PER se 19 November 2013
Alternative Risk Transfer
Rapid growth in the ILS sector has led to concerns that when a major catastrophe occurs, investors will face unexpected losses leading to panic and a rush of funds out the market, says Jay Patel, insurance analyst at business information service Timetric. 18 February 2016
Insurance
The Self-Insurance Institute of America (SIIA) has ramped up its lobbying efforts in favour of reauthorisation of the Terrorism Risk Insurance Act (TRIA) as a congressional vote looms. 18 July 2013
Insurance
ACE posted healthy growth in its first quarter results driven largely by its property/casualty book, especially in North America where rate increases were also achieved. But its profits for the quarter dipped substantially. 30 April 2014
Insurance
Adam Podlaha, head of Aon Benfield’s catastrophe model development centre, Impact Forecasting, tells Intelligent Insurer how the increased use of open models is paving the way for new perils, while bringing transparency and regulatory benefits to clients. 16 September 2014
Insurance
Arthur J. Gallagher has closed its transaction to acquire the Giles group of companies in a deal that vastly expands its UK geographic footprint and diversifies its underwriting expertise. 14 November 2013
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