Reinsurance
Samsung Fire & Marine Completes Strategic Investment in Canopius
Canopius Group Ltd. said Samsung Fire & Marine Insurance has completed a strategic investment in its business. The investment, first disclosed in May, will support Canopius's growth arising from ...
Executives On The Move at BHSI, AmWINS and Sompo International
A Zurich veteran is joining BHSI as head of Claims in Spain. AmWINS Group picked a former Swiss Re executive as its new vice president for Alternative Risk. An Allstate veteran signed onto Sompo ...
Argo Group Reorganizes Americas Executive Structure
Argo Group International Holdings Ltd is reorganizing its executive structure in the Americas, made possible by the appointment of three new executive vice presidents. Each will report to Kevin ...
Insurers, Others Face New EU Disclosure Rules on Responsible Investments
European Union finance ministers are set to adopt new rules this week that will require asset managers, insurers and pension funds to disclose environmental and social risks in their investments from ...
Buffett’s Berkshire Hathaway Tops Profit Forecasts, Despite Trade Drag and Record Cash
Berkshire Hathaway Inc on Saturday said its quarterly operating profit rose more than analysts expected, as growth in several business lines offset the drag from trade tensions and tariffs and ...
Berkshire Hathaway Reinsurance P/C Premiums Jump, and Other Q3 Earnings Takeaways
For Berkshire Hathaway Inc., profits from its stake in Kraft Heinz Co. were better late than never. Almost a third of the jump in Berkshire's third-quarter earnings came from finally recording its ...
Insured Losses From Japan’s Typhoon Hagibis Could Reach $11B: RMS Estimate
Insured losses stemming from Typhoon Hagibis in Japan will hit between $7 billion and $11 billion, catastrophe modeling firm RMS is estimating. While last month's Typhoon Faxai was a wind-driven ...
Q3 Catastrophes Push AIG’s P/C Underwriting Results Into the Red
Catastrophe losses prevented American International Group from having a third quarter in a row of property/casualty underwriting profit this year, following many years of losses. AIG said that its ...