Specialty
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 ...
Executives On The Move at W.R. Berkley and Markel
W.R. Berkley Corp. appointed a new head of its Berkley Mid-Atlantic Group and its previous leader is taking on a new job within the company. Markel Corp. is getting a new leader for its Markel ...
D&O Liability Carriers May Have a Challenging Year: Fitch Ratings
Trouble is ahead in 2018 for carriers in the directors & officers liability insurance space, Fitch Ratings warns in a new market update. The cause: heavy competition and pricy claims trends. ...
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. ...
Hamilton Insurance Group Reorganizes Lloyd’s Underwriting Operations
Hamilton Insurance Group said it has reorganized a key underwriting team involving its Lloyd's operations after the departure of two executives. Hamilton Underwriting Ltd.—the managing agency of ...