Specialty
Aon and Praedicat Will Jointly Focus on Product Liability Risks
Aon said it would collaborate with analytics company Praedicat on developing a range of specialist liability reinsurance products and services that address product liability risks including ...
Lloyd’s Will Re-Open London Underwriting Room, Offices on May 17
Lloyd's said it plans to re-open its London underwriting room and corporation offices on May 17. The specialist insurance and reinsurance market explained in its Feb. 26 announcement that the opening ...
Berkshire Hathaway’s Commercial Lines, Re Top Lines Helped Offset Q4 Coronavirus Impact
Warren Buffett's Berkshire Hathaway Inc on Saturday said stock market gains fueled a record quarterly profit, while the billionaire signaled investors are undervaluing his company by repurchasing ...
Executives On The Move at CNA, Ascot and Grange Insurance
CNA appointed a new head of its Small Business arm. Ascot picked an executive to lead its operations in Bermuda. Grange Insurance appointed a new board member.
A Post-Merger SiriusPoint Makes Its Debut
SiriusPoint Ltd., a Bermuda-based international specialty insurance and reinsurance company, has formally launched, the creation of a merger between two specialty companies. Specialty reinsurer Third ...
Irish Insurer FBD More Than Doubles Money Set Aside for COVID Lockdown Claims
Irish insurer FBD more than doubled the money set aside to cover lockdown-linked claims to 65 million euros ($79 million) after it lost a test case brought by four publicans over a policy that ...
Executives On The Move at Zurich North America, BHSI and AXIS Capital Holdings
Zurich North America hired a former Aviva executive to take on a leadership role in Canada for its Group Risk Management team. Berkshire Hathaway Specialty Insurance named a new senior vice president ...
Enstar Group Providing $2B+ Adverse Development Cover To AXA XL
Enstar Group Ltd. announced that one of its wholly owned subsidiaries has signed an agreement to provide adverse development cover to AXA XL, a division of AXA. In the transaction, Enstar's ...