Berkshire Hathaway
-
The case is linked to losses associated with asbestos-related injuries and claims filed over two decades ago in Montana. -
The carrier is also planning to launch in Switzerland and Belgium in Q2 and Q3 respectively.
-
The chunky deal comes as many reinsurers are heavily cutting their Florida cat books.
-
The president of BHSI’s UK and European operations outlined to this publication expansion plans for the $1bn-premium division.
-
Cat losses were similar year on year, but reserve releases were higher.
-
The appointment comes after the carrier promoted Janine McGriskin to lead FI in the UK.
-
Berkshire’s board opposed the proposal and recommended that the shareholders vote against it.
-
Chubb has also received demands from shareholders for more information on its climate-related policies.
-
A proxy statement yesterday also revealed that Berkshire Hathaway’s merger agreement does not demand a break fee.
-
If you only read a handful of articles this week, make it the selection below.
-
Unlike deals like Axa-XL or Catlin-XL before it, this transaction is expected to be much more neutral in its impact on reinsurers.
-
The multiple of 1.26x is lower than a number of recent major reinsurance transactions.
Most Recent
-
AJ Gallagher acquires Ireland-based Innovu Insurance
24 June 2022 -
QBE’s Gordon set to replace Jakobek as PPL CEO
24 June 2022 -
Miller appoints Bramwell for media insurance push
24 June 2022
