specialty insurance News
Berkshire Hathaway Specialty Insurance Branches Out Into Germany
Berkshire Hathaway Specialty Insurance is branching out into Germany as part of a broader European expansion. Veteran executives from Aon, Allianz and elsewhere will help lead it. BHSI's new ...
Baldwin & Lyons Leaders Resign in Protest After Power Struggle With Chairman
The CEO, CFO and deputy chairman of Baldwin & Lyons have all abruptly retired, and the property/casualty specialty insurer has retained an independent legal counsel to review issues the company ...
The U.S. Mortgage Insurance Market Has a New Player: JLT Re
Reinsurance broker JLT Re has launched a new operation in North America – JLT Re Global Mortgage Solutions — to offer insurance and reinsurance to government-sponsored entities, mortgage ...
The Latest Launches From Chubb, Beazley and Willis Towers Watson
Beazley is rolling out new specialist medical professional liability coverage for small healthcare providers. Willis Towers Watson debuted a new plan option for companies that operate in and service ...
CNA’s Q1: Net Income Plunges but Underwriting Improves
CNA Financial Corp.'s first three months of 2016 produced a mixed bag of results. Fallout from a 2010 agreement to cede Asbestos and Environmental Pollution liabilities to National Indemnity Company ...
National General Founder Michael Karfunkel Dies; He Also Launched AmTrust
National General Holdings Corp. said that founder, chairman and CEO Michael Karfunkel – who previously launched AmTrust Financial Services with his brother - has passed away. The New York-based ...
AXIS Net Income Plunges, but Reinsurance Results Improve
Net income plunged due to the declining value of its alternative investments, but AXIS Capital Holdings touted solid gains in its reinsurance and insurance segments alike during the 2016 first ...
AmTrust Seeks to Boost Lloyd’s Presence With Latest Acquisition
AmTrust Financial Services said it has agreed to buy specialty insurance company ANV Holdings B.V. and its Lloyd's affiliates for $218.7 million in cash. The seller is the Ontario Teachers' Pension ...