IAG has entered into a long-term partnership with Berkshire Hathaway underpinned by a 10-year 20 percent quota share arrangement across the Australasian insurer's consolidated insurance business
US body the Financial Stability Oversight Council (FSOC) last week released further guidance on the designation of systemically important financial institutions (Sifis).
The development of more effective models will lead to an increase in the amount of reinsurance capacity in the cyber market, according to Kevin Kalinich, global practice leader for cyber and network risk at Aon Risk Services.
Fairfax Financial has called a shareholder vote to preserve the power of 41.8 percent of its multiple voting shares currently controlled by chairman and CEO Prem Watsa