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Berkshire reports $18.5bn in Q3 profit
Investment gains and lower catastrophe losses push earnings at Warren Buffett's group up almost five-fold.
Gavin Davis
,
05 November 2018
InsurTech patents filings jump globally
Submissions included ideas for speeding up disaster claims processing and identifying whether a person or a robot is in control of a self-driving car.
Bernard Goyder
,
05 November 2018
Tokio Millennium Re downgraded to A+ by AM Best
The change aligns its ratings with those of purchaser RenaissanceRe
Christie Smythe
,
03 November 2018
Lexington takes Aspen's Hope to head property
AIG continues to fill out top team after wave of senior hires.
Adam McNestrie
,
03 November 2018
Miami MGA Solis Re hires Giralt
Giralt will launch a fac offering for the Latin American and Caribbean markets
Christopher Munro
,
02 November 2018
UPC shares fall more than 7% after earnings miss
The results missed a consensus estimate of $0.07 earnings per share.
Laura Sanicola
,
02 November 2018
Fairfax buys 11.2% stake in Brit from Omers
Fairfax paid $251.8mn for the 11.2 percent ownership of Brit, implying a value of $2.2bn for the insurer.
Sofia Geraghty
,
02 November 2018
Assignment of benefits has made Irma one of the biggest cat loss events of 2018
Throughout the year underwriters have complained that losses from Hurricane Irma have been creeping meaningfully.
Adam McNestrie
,
02 November 2018
Correction: Barbican US specialty MGA to continue post Mayo exit
While Barbican Syndicate 1955 is withdrawing its paper, the MGA will continue using other carriers’ capacity.
Adam McNestrie
,
02 November 2018
WTW reinsurance arm reports 9% organic growth in Q3
Revenue at the investment, risk and reinsurance operation has ticked up to $337mn.
John Hewitt Jones
,
02 November 2018
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