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 ...
McKinsey Chief Says Firm Failed to Identify Opioid Epidemic
The head of McKinsey & Co. acknowledged that it failed to see the opioid epidemic unfolding while simultaneously doing work for drug regulators and makers of painkillers including OxyContin in ...
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 ...
SiriusPoint Announces $5M Investment, Partnership With Broker Buddha
SiriusPoint Ltd., a global insurer and reinsurer, announced a $5 million investment round and partnership with commercial insurance technology company Broker Buddha, a platform that aims to simplify ...
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 ...
Amazon Urged to Improve Severe Weather Procedures After Deadly Warehouse Collapse
Regulators are calling on Amazon to improve its procedures for dealing with severe weather like hurricanes and tornadoes that could threaten workers at its warehouses dotted across the country. The ...
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 ...