Berkshire Hathaway
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The specialty insurer pulls in executives from Axa Corporate Solutions and Zurich.
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The Irish regulator has cleared the new entity, which will begin underwriting by the end of March.
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Unnamed insurance firms and a reinsurer are reportedly interested in buying the firm for about book value.
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Insurance conglomerate reports 15th underwriting profit in 16 years -
Carriers are reluctant to expand their appetite in areas like cryptocurrency before D&O prices rise.
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Report shows insurers are increasing scrutiny of sexual harassment risk.
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UK rates are up by 100 percent in many cases.
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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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