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Berkshire Hathaway launches P&C fac unit

Berkshire Hathaway Reinsurance Group has set up a new P&C facultative unit led by a former Swiss Re executive, sister publication Inside FAC has reported

Bernard Goyder, 16 January 2017
US M&A expensive: Bäte

Allianz CEO Oliver Bäte has said only a large M&A deal in the US would be worthwhile for his firm, but that American businesses had become expensive

Laura Board, 16 January 2017
Turkish cargo plane crashes in Kyrgyzstan

An estimated 37 people lost their lives after a Turkish cargo jet crashed in a village in Kyrgyzstan earlier this morning, according to reports

Catrin Shi, 16 January 2017
Scor appoints regional managing directors

Scor has named two new managing directors for its Americas and Asia Pacific hubs, amid a number of senior leadership changes

Catrin Shi, 16 January 2017
Herbert leaves Suncorp after 17 years

Suncorp chief transformation officer Clayton Herbert is to leave the firm later this month, the Australian insurance giant announced today

Charlie Thomas, 16 January 2017
Desjardins plans Western Financial sale: Reuters

Desjardins Group, a financial cooperative whose operations include Canada's third-largest property and casualty insurer, plans to sell its Western Financial unit, Reuters has reported, citing sources it didn't name.

Ted Bunker, 14 January 2017
Marsh buys $130mn J Smith Lanier

Marsh has agreed to buy J Smith Lanier & Co (JSL) in a deal that will expand the broker's middle-market agency operations in the US southeast.

Dan Ascher, 13 January 2017
Bahamas First cuts Matthew loss estimate by 20%

Bahamas First has reduced its Hurricane Matthew loss estimate by a fifth to $80mn, before reinsurance recoveries.

Ted Bunker, 13 January 2017
US-EU talks yield covered agreement for insurers

US and European negotiators have reached a covered agreement to harmonise regulation of insurers and reinsurers and remove barriers to transatlantic business.

Ted Bunker, 13 January 2017
Trundle swaps AIG aviation for Starr

AIG's top airline underwriter Andy Trundle has left the company to take up a senior aviation underwriting role at Starr, The Insurance Insider understands

Adam McNestrie, 13 January 2017

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