News

Insurance

Berkshire Hathaway auto unit Geico slips to ever-deeper Q3 loss

Inflation & frequency drive claims; departing clients suppress top line.   7 November 2022

Insurance

Tropical storm Nicole eyeing Florida coast for mid-week

Nicole "could be at or near hurricane strength" by landfall.   7 November 2022

Insurance

US insurance hiring swings again in Oct, agents & brokers in focus

Job counts in brokerages and agencies turn volatile after long-running gains.   7 November 2022

Insurance

Berkshire Hathaway suffers $3.4b hit on Hurricane Ian for insurance loss

P&C reinsurance escapes the noose: rate & reserve adjustments deliver slim Q3 gain.   7 November 2022

Technology

Know the facts about cyber threats

Knowledge of what’s true—and what isn’t—about cyber insurance can help you protect your clients’ security, says Chris McMurray, cyber lead at Travelers Europe.   7 November 2022

Insurance

Swiss Re, AIG, Chubb, Lloyd’s and 7 other insurers named in DAE lawsuit

DAE lost 19 aircraft to Russian appropriations and wrote $576.5m charge.   4 November 2022

Insurance

Ardonagh unit buys UK firm to meet clients’ needs in hardening market

The acquisition will further broaden Ardonagh Advisory’s range of services in the UK.   4 November 2022

Insurance

Egypt mulls creating new nat cat pool to counter climate risk

It is working with large reinsurers/brokers to develop a more climate-resilient economy.   4 November 2022

Insurance

Tysers swoops on Ed Broking to expand treaty portfolio in Middle East

The new hire has nearly 20 years of insurance broking and underwriting experience.   4 November 2022

Insurance

Leasing giant Avolon opens case against Lloyd’s & 12 insurers over Russian aircraft

Chubb, HDI Global, Swiss Re, Axis, Generali, SCOR & AIG join the ring of defendants.   4 November 2022

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