21 January 2017

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Berkshire Hathaway steps in to cover AIGís historic US casualty book

In a move which demonstrates the continuing capacity of Berkshire Hathaway to execute some of the largest reinsurance deals in the market, subsidiary National Indemnity Company (NICO) has agreed to cover a large portion of American International Group (AIG)'s casualty bookRead more


Lloydís receives Indian green light

In what Lloyd's chairman John Nelson has described as a "watershed moment", the market has been granted regulatory approval to open a branch office in MumbaiRead more


BHSI continues Asian expansion into Malaysia

Berkshire Hathaway Specialty Insurance (BHSI) has continued to grow its Asian operations, having secured a licence to sell non-life reinsurance in MalaysiaRead more


Skuld 1897 hires new head of marine property

Expansive Lloyd's Syndicate 1897, led by property direct & facultative (D&F) veteran Mike Pritchard, has hired Paul Knighton from transport specialist TT Club as global head of marine cargo and marine propertyRead more


2016 insured cat losses hit $54bn: Aon Benfield

Natural catastrophe insured losses reached $54bn in 2016, higher than the 16-year average, according to Aon BenfieldRead more


Beazley joins Markel livestock consortium

Beazley has become the fifth member of Markel International's Lloyd's livestock consortiumRead more


Property D&F writers brace for challenging 2017

Property direct and facultative underwriters appear to be bracing themselves for a testing 2017 after several years of battling against challenging conditions on the open market side, according to a survey of the market conducted by Inside FACRead more


Jain hires Gorman for Berkshire fac push

Ajit Jain has hired property facultative stalwart John Gorman to head a new P&C fac unit under the Berkshire Hathaway Reinsurance Group umbrella, Inside FAC has learnedRead more


Aegis Londonís Sawyer sees US private flood opportunities

Aegis London's new head of property Toby Sawyer has said it is important to focus on the fact that despite challenging conditions in the current property direct and facultative (D&F) space there are still areas worth writingRead more

News analysis

See more news analysis

Back to the drawing board

With office and residential building risks hopelessly oversubscribed and energy projects hit by falling oil prices, the market is seeking out new opportunities in the global construction sectorRead more

Vanessa Macdonald-Smith

Pump up the fac!

Vanessa Macdonald-Smith - CEO, JLT FacRead more

On the march

The flow of Colombian business might be changing, but demand for facultative capacity to support major projects continues apace, as Inside FAC discoversRead more

I, Robot?

Rising income inequality and societal polarisation triggered political change in 2016 and could exacerbate global risks in the coming year if urgent action is not taken, according to the Global Risks Report 2017Read more

Marcus - sketch

Quality will out

It's always good to start the new year with a bang, and the news that Ajit Jain is launching a new fac unit headed by the well-regarded John Gorman is certainly a fine way to kick off 2017 Read more

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