Reinsurance
Global P/C Insurance M&A Activity Soared Even With Pandemic Obstacles: Conning
Global P/C insurance M&A activity was "surprisingly rigorous" in 2020 despite significant challenges created by the coronavirus pandemic, Conning said. Conning tracked $28.6 billion in ...
Buffett Points to Greg Abel as His Likely Successor at Berkshire Hathaway
Warren Buffett ended long-running speculation about his successor at Berkshire Hathaway Inc by saying Greg Abel, who oversees the conglomerate's non-insurance businesses, would be named chief ...
Berkshire Hathaway’s Q1 Insurance Underwriting Income Rebounds; Reinsurance Results Mixed
Berkshire Hathaway saw its insurance earnings improve dramatically overall, after taking a hit the previous year when COVID-struck the world. The Warren Buffet-led conglomerate produced $764 million ...
Buffett Said Berkshire Hathaway Benefited From U.S. Economy’s Unexpected Strengths
Warren Buffett said on Saturday that Berkshire Hathaway Inc is being lifted by a U.S. economy faring far better than he predicted early in the coronavirus pandemic, though investor euphoria is making ...
MarshMcLennan Fills Talent Pool in Wake of Marked Disruption Caused by Aon-Willis Merger
It has not happened yet but the proposed merger of large global insurance brokers Aon and Willis Towers Watson is already being felt at competitor MarshMcLennan. MarshMcLennan is capitalizing on the ...
Insurers Reluctantly Will Abide by New Credit Scoring Ban
The American Property Casualty Insurance Association said its insurers will following the law where it concerns Washington Insurance Commissioner Mike Kreidler's emergency regulation banning the use ...
Chubb CEO Greenberg: Company Looks at Lots of M&A Opportunities ‘Every Year’
Chubb's recent failed attempt to acquire The Hartford may have gotten a lot of play in the industry and business press, but Chairman and CEO Evan Greenberg said the company explores potential M&A ...
SEC Mulls New Guidance to Rein in Growth Projections for Reverse Merger Companies
U.S. securities regulator is considering new guidance to rein in growth projections made by listed blank-check companies, and clarify when they qualify for certain legal protections, according to ...