March 2015/1

Berkshire Hathaway reported a 12th consecutive year of underwriting profits on 28 February, but its net underwriting gain fell sharply for 2014 from $3.09bn a year earlier to $2.67bn.

UK insurers should work with financial regulators as much as possible despite the potentially "unpalatable" advice they give, according to Daniel Godfrey, chief executive of UK trade body the Investment Association.

Capital management became a key focal point in 2014 as Bermudian and short-tail carriers faced the challenge of creating shareholder value in a harsher market environment

THB raids Howden; Marcia costs Suncorp A$120mn; Platinum-RenRe deal signed; BMS hires Howden big hitter; ProSight gets green light; Coles exits Howden; Amlin's special dividend; Hiscox GWP up 3.2%; R&Q's MGA sale; Berkshire's profits fall

We definitely get it. You are a global P&C insurer of high standing with a deserved reputation for outperformance, built over decades.

If the three most prominent London market figures to have realised close to £100mn from either creating or running insurance businesses in the last decade are John Charman, Richard Brindle and Grahame Chilton, then the £400mn+ sale of RK Harrison has created a fourth: its outgoing CEO Paul Bridgwater.

US wholesale giant Amwins is close to securing a long-term investment from Canadian pension company PSP in a transaction that will value the firm at more than $2.3bn, The Insurance Insider can reveal.