Reinsurance
2018 Insurance M&A Drivers: Tax Reform, InsurTech and Run-Offs
Tax reform, InsurTech and run-off transactions will be among the big drivers of insurance industry mergers and acquisitions in 2018, according to a new Deloitte report. Deloitte said that the Trump ...
Hurricanes, Wildfires End Berkshire Hathaway’s 14 Consecutive Years of Underwriting Profit
Buffett, 87, Also Offered Few New Hints About His Succession Plans Warren Buffett's Berkshire Hathaway's combination of insurance entities have recorded 14 consecutive years of underwriting profit ...
Buffett’s Berkshire Hathaway Gained From Trump Tax Cuts; Insurance Division Took Cat Cost Hit
Warren Buffett's Berkshire Hathaway Inc. was a big winner from the recent tax overhaul. Book value, a metric he's called a "crude, but useful" way to track the conglomerate's worth, climbed 13 ...
Berkshire Hathaway’s AIG Claims Costs Rose $1.8B Higher
Warren Buffett's Berkshire Hathaway Inc. boosted its estimate of the ultimate cost of a deal it made last year to backstop some risks for American International Group Inc. The company increased its ...
Chubb Among Chorus of Companies Cutting Promotional Ties With NRA
Some of the biggest names in corporate America are coming under mounting pressure to cut ties with the National Rifle Association as gun safety activists on Friday intensified calls for a boycott in ...
Britain Contributes $35M to Climate Risk Insurance Hedge Fund
Britain is backing a hedge fund that aims to raise $200 million to give developing countries access to climate risk insurance. Britain's Department for International Development (DFID) is investing ...
Swiss Re CEO Mumenthaler Sees Value in Adding Anchor Shareholder
Swiss Re AG's chief said the reinsurer would welcome an anchor investor after being approached by billionaire Masayoshi Son's SoftBank Group Corp. In a business where results can change radically ...
General Liability Erupts as New Casualty Insurance Problem, Plus 9 Other Marsh Market Predictions
Automobile liability has been the problem child for casualty insurers for years, but general liability is becoming the next trouble spot, Marsh asserts in a new report looking at the top 10 U.S. ...