Industry News
Net-Zero Business Opportunities Could Double Size of London Insurance Market: LIIBA
The business opportunities provided by the global transition to net zero is potentially large enough to double the size of the London insurance market, according to the London and International ...
Ida Is 12th I Hurricane Name Retired
There's something about hurricanes starting with the letter I that is particularly nasty. Last year's Ida now joins the list of storms so deadly their names don't get used again. The World ...
State Farm Still Wins: Buffett Talks Auto Insurance at Annual Event
There wasn't a lot of talk about auto insurance at this year's annual meeting of Berkshire Hathaway, but when the subject came up, Warren Buffett acknowledged the continued dominance of one ...
Buffett Talks About Big Investments, Ukraine Conflict at Berkshire Meeting
Warren Buffett on Saturday used the annual meeting of Berkshire Hathaway Inc. to reveal major new investments including a bigger stake in Activision Blizzard Inc., while also railing against Wall ...
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 ...