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While most of the leading European insurers have by now taken action on coal, none of the nine US insurers assessed have taken any steps, according to the Unfriend Coal campaign. 3 December 2018
Insurance
Re/insurer Hiscox enjoyed solid growth across all its lines of business, including its reinsurance book, in the first nine months of 2018 driven by a mixture of increased rates and new business. 5 November 2018
Insurance
Berkshire Hathaway’s insurance entities posted an underwriting profit of $441 million in the third quarter of 2018, a big turnaround on the same period a year earlier when they made a loss of $1.44 billion thanks to several large cat events. 5 November 2018
Insurance
Re/insurer QBE has unveiled plans to consolidate its Asian and European operations into a "large and better resourced" international division; it will also merger its Pacific business with its Australian & New Zealand operations. 5 November 2018
Insurance
Specialist insurer Markel International has created two new standalone divisions for marine and energy, and appointed Chris Fenn and Julian Samuel as managing directors of the businesses. 5 November 2018
Insurance
Cyber insurance and directors’ and officers’ (D&O) liability insurance go hand in hand now that company business models increasingly revolve around technology, according to a white paper published by Airmic with support from Marsh and AIG. 5 November 2018
Insurance
SOBC DARAG, a joint venture between US-based run-off specialist SOBC and European legacy acquirer DARAG, has acquired Florida-based Peachtree Casualty Insurance Company. 5 November 2018
article
Occam Underwriting, a specialty lines-focused managing general agent (MGA), has appointed a cyber security professional to its board, and an Ironshore executive as its new chief financial officer (CFO). 5 November 2018
Insurance
S&P Global’s capital model data on its global reinsurer cohort shows a very significant capital buffer to absorb cat losses. But ratings could still fall following a bad cat year, as Stuart Shipperlee, head of analysis at Litmus Analysis, explained to PCI Today. 29 October 2018
Insurance
Reinsurers are likely to bear the brunt of the losses caused by hurricane Michael, KBW's Meyer Shields suggested in a research note. 11 October 2018
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