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A former Gen Re executive will join Arch Capital Group Ltd. as its new chief risk officer. Janice Englesbe will also have the title of senior vice president and was to begin in her new role on Feb. ...
The Hartford has given one of its major executives some additional responsibilities. Mo Tooker, hired as chief underwriting officer for P/C operations less than two years ago, is now also head of the ...
Berkshire Hathaway reported a 10.5 percent drop in operating profit for its insurance and reinsurance operations during the third quarter, with underwriting income falling 34 percent. While General ...
Among the insurance-related highlights of Berkshire Hathaway's annual meeting in Omaha, Neb. was Warren Buffett's answer to a question about succession planning for subsidiaries. "There are no tea ...
Insurance operations contributed $4.9 billion to total operating income of $17.4 billion for Berkshire Hathaway in 2015, with underwriting profit levels dropping and investment income rising compared ...
Q: Opportunities. Where do you see the best opportunities for growth: new lines, new territories, specialty insurance or reinsurance, managing capital of third-party investors or partnering with ...
Q: Challenges. Which of the following factors do you believe has had the biggest impact on the reinsurance market in 2015? Which is likely to be the most significant factor in 2016? Changing buyer ...
Q: Consolidation. In your view, is M&A activity done in the reinsurance sector or is there more to come? What has been the impact of consolidation of insurers, reinsurers and brokers on the ...
Q: The Pricing Environment.Recent rating agency reports contained the following observations about the reinsurance pricing environment: S&P: "Price competition for global property/casualty ...
"Twisted financial theories" and rating agency support are keeping the reinsurance space attractive to third-party investors, a reinsurance executive asserted at an industry conference this week. ...
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