21 January 2017

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Berkshire Hathaway steps in to cover AIG’s historic US casualty book

20 January 2017

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

Lloyd’s receives Indian green light

19 January 2017

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

19 January 2017

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

19 January 2017

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

17 January 2017

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

Beazley joins Markel livestock consortium

17 January 2017

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

The FAC Door

13 January 2017

Matthew Hooker, head of natural resources, and Duncan Urquhart, head of construction industry and broking, have both left Willis Towers Watson's Asian operation. Both men are believed to have departed the broker in November. Urquhart worked for the Asian operation for six years prior to leaving, while Hooker took up the natural resources role in September 2015Read more

News digest

13 January 2017

Managing general agency (MGA) Pardus has recruited Wayne Paternoster to head its new contingency facilityRead more

Rate reductions slow at initial 1.1 energy renewals

13 January 2017

Signs of a slowdown in the pace of rate reductions for energy (re)insurance business were in evidence at the 1 January renewals, although market uncertainty is likely to continue, according to JLT SpecialtyRead more

Reinsurers’ ‘hopes dashed’ at 1.1, says Willis Re

13 January 2017

Reinsurance pricing declined further across most lines and geographies at the 1 January renewals as carriers looking for rating stabilisation "had their hopes dashed", according to Willis Re's 1st View reportRead more

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