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Insurance
A training company has launched a new programme aimed at keeping executives working in the financial services industry – including those working in re/insurance – out of trouble by educating them on everything from the risks of social media to substance misuse and gambling. 27 February 2018
Insurance
Willis Towers Watson has developed a new cyber insurance solution in cooperation with Berkley Cyber Risk Solutions, a Berkley Company, to help the aviation industry manage cyber risk. 27 February 2018
Insurance
Warren Buffett’s Berkshire Hathaway, which owns substantial insurance and reinsurance operations, posted record quarterly and annual results for 2017 – mainly fuelled by the big cuts to US corporate income tax, signed in by President Donald Trump last year. 26 February 2018
Insurance
The supervisory boards of Deutsche Rückversicherung and the Association of German Public Insurers (VöV) appointed Frank Schaar as CEO of both companies with immediate effect. 26 February 2018
Insurance
Marine insurance provider Skuld reported a 9.4 percent year on year net increase in mutual P&I (protection and indemnity) gross tonnage in renewals for 2018. 26 February 2018
Insurance
Mutual insurance company AEGIS is expanding the stamp capacity for Syndicate 1225 by 21 percent year on year to £400 million in 2018 to “take advantage of opportunities,” the company said. 26 February 2018
Insurance
Gallagher has appointed James Fletcher to lead its Manchester operation as part of the company's strategic expansion plans for the UK North-West region. 26 February 2018
Insurance
Germany-based legal expenses insurance provider ARAG has appointed David Haynes as director on the company’s board. 26 February 2018
Insurance
Argo Pro, a subsidiary of specialty re/insurer Argo Group, has partnered with digital insurance solutions provider eBaoTech Corporation to streamline its core insurance processes. 26 February 2018
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
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