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BHSI considers Dubai expansion

Berkshire Hathaway Specialty Insurance (BHSI) is preparing to enter the Dubai insurance market, The Insurance Insider understands.

Charlie Thomas, 31 October 2017
RMS raises California wine country loss estimate to $6bn-$8bn

Catastrophe modelling firm RMS has increased its estimate for insured losses from the wildfires that ravaged California's wine-producing regions from $3bn-$6bn to $6bn-$8bn.

30 October 2017
Greenberg criticises ‘protectionist’ US insurers

Chubb CEO Evan Greenberg has criticised "protectionist" lobbying by US insurers, saying they are acting to the detriment of consumers

Marcus Alcock, 30 October 2017
Aon to buy Henderson Insurance Broking

Aon has agreed to buy Henderson Insurance Broking for an undisclosed sum as it builds its UK retail business

Laura Board, 30 October 2017
Validus shares jump on BAML upgrade

Shares in Validus were up by as much as 4 percent in intra-day trading today after Bank of America Merrill Lynch (BAML) analysts advised investors to start buying the stock.

Dan Ascher, 30 October 2017
Cats send Everest to $668mn Q3 operating loss

Preannounced cat losses of $1.2bn for Harvey, Irma, Maria and the Mexico City quake contributed to a third quarter operating loss of $667.6mn at Everest Re.

David Bull, 30 October 2017
Novae buy timely as London drives property rate growth: Benchimol

The London market is driving a push for higher property rates, which is good timing for Axis after closing its purchase of Novae, according to the Bermudian's president and CEO Albert Benchimol

Laura Board, 30 October 2017
Investments help offset cat losses at Greenlight Re

Total return reinsurer Greenlight Re reported a $19.9mn net profit for the third quarter despite taking a $37.9mn hit from natural catastrophes that sent the carrier to an underwriting loss.

Dan Ascher, 30 October 2017
Opinion: Getting the message across

One is the brash one, prone to sailing close to the wind, with a bit of a gambling habit

Laura Board, 30 October 2017
US program growth outpaces wider market

The US program sector has more than doubled in size since 2010 to reach premium volume of $36bn in 2016, according to trade body the Target Markets Program Administrators Association

David Bull, 30 October 2017

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