Industry News
Berkshire Shareholders Vote to Keep Buffett as Chairman, Reject Climate Disclosures
Berkshire Hathaway Inc. shareholders on Saturday rejected proposals to have an independent chair replace Warren Buffett and require his company to disclose more about its climate-related risks and ...
QBE North America Launches Specialty Casualty Business
QBE North America has launched a new Specialty Casualty business that will offer admitted and non-admitted primary, lead umbrella and excess liability products, targeting a wide range of business ...
Is AXIS Selling Its Reinsurance Business? Some Say: Where There’s Smoke, There’s Fire
AXIS Capital Holding's chief executive officer would not comment on reports that the company is looking to sell its reinsurance unit. But a market commentary from Wells Fargo Securities said: "Where ...
Executives on the Move at BHSI, FM Global, Liberty Mutual GRS
Berkshire Hathaway Specialty Insurance (BHSI) has promoted Kathy Reid to head of Casualty, North America. Reid has more than 25 years of insurance industry experience and has been senior vice ...
Argo Group Exploring ‘Strategic Alternatives,’ Including Potential Sale
Argo Group International Holdings Ltd., the Bermuda-based re/insurer, announced that its board of directors has initiated an exploration of strategic alternatives. As part of this process, the board ...
The Latest Launches From Skyward Specialty, Everest Insurance, ALE Solutions
Skyward Specialty Insurance Group Inc., a provider of specialty property/casualty insurance, has selected a new provider of transactional commercial surety and added cannabis to its transactional ...
Global Insurance Rates Continue to Moderate in Q1 – Except Cyber
Global commercial insurance prices rose 11% in the first quarter of 2022, marking the fifth consecutive reduction in rate increases since pricing peaked at 22% in the fourth quarter of 2020, ...
Former Sompo CEO Chang to Join WTW
Michael Chang, former CEO of Sompo International's Global Risk Solutions, will be joining WTW as head of Corporate Risk and Broking (CRB) North America, later in 2022. He will become a member of the ...