Berkshire Hathaway
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Report shows insurers are increasing scrutiny of sexual harassment risk. -
Berkshire is currently obtaining state regulatory approvals for the product.
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The transaction liability entry follows the carrier’s construction market expansion.
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Simeon Seamer joins from Scor Business Solutions to lead the division.
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The hotel chain has $350mn of cover in place and looks set to inflict the market’s largest-ever cyber claim.
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The carrier will provide its own cover instead of using the government-backed scheme.
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Investment gains and lower catastrophe losses push earnings at Warren Buffett's group up almost five-fold.
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The carrier first wrote the full limit of the aggregate deal in 2015.
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SF: The change to stable reflects the continuing capital strength of the insurance units.
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Berkshire’s commercial insurance unit established its Dubai operation in February.
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Warren Buffett's commercial specialty carrier adds a second German outpost after setting up shop in Duesseldorf.
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