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Insurance
Berkshire insurance subsidiaries have reached an agreement with California’s Department of Insurance by committing to lower rates, improved disclosures, and limiting sale of their worker’ compensation insurance. 9 June 2017
Insurance
Insurance broker Lockton has named Jeff Henningsen as president of its Houston property and casualty insurance operation. 9 June 2017
Insurance
Texas-based specialty lines underwriting manager and wholesale broker US Risk has hired Matthew McCampbell as executive vice president of corporate strategy and development. 9 June 2017
Insurance
US-based Topa Insurance has named Olive Chang assistant vice president of reinsurance and programmes, based in the company's Calabasas, California office. 9 June 2017
Insurance
Gen Re, a Berkshire Hathaway Company, has appointed William Casill to join its North American life and health business as senior vice president and chief actuary. 23 May 2017
Insurance
Global insurance mergers and acquisitions (M&A) transaction activity dropped in 2016 across all sectors, according to a study by Conning. 17 May 2017
Insurance
Berkshire Hathaway Specialty Insurance (BHSI) has appointed Martin Leeks as senior vice president, casualty, UK and Southern Europe. He will be based in BHSI’s London. 16 May 2017
News
Gen Re, a Berkshire Hathaway company, is the latest reinsurer to receive approval (R3 license) from the Insurance Regulation and Development Authority of India (IRDAI) to open a branch in Mumbai. 15 May 2017
Insurance
At the start of 2017 Premia Holdings, a company dedicated to the run-off market, was founded on Bermuda with $500 million of capital—a deal that represented one of the biggest capital raisings in the sector. In an interview first published in sister publication Bermuda:Re+ILS, CEO Bill O’Farrell explains why he expects fast growth in the run-off sector. 10 May 2017
Insurance
A $9.8 billion reinsurance deal with AIG and the UK’s Ogden discount rate change weighed on Berkshire Hathaway’s first quarter results. 8 May 2017
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