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Berkshire Hathaway adds to US med mal insurer collection

Berkshire Hathaway's dedicated healthcare liability unit MedPro Group has announced a deal to buy Oklahoma-based Plico from the Oklahoma State Medical Association in an all-cash transaction.

Winifred Okocha, 10 July 2015
Ergo considers axing Greek acquisition

Munich Re's insurance subsidiary Ergo has said it is considering terminating its previously announced EUR90mn acquisition of Greek bancassurer ATE Insurance from Piraeus Bank.

Dan Ascher, 10 July 2015
Java ash cloud leads to 100 flight cancellations

Five airports in Indonesia have been closed and more than 100 flights cancelled after Mount Raung began erupting in East Java last week.

Charlie Thomas, 10 July 2015
Dual enters agricultural market

Hyperion's managing general agent (MGA) Dual is to enter the UK agricultural market with the formation of a new division to service the sector, it announced today (10 July).

Dan Ascher, 10 July 2015
Willis Re’s South Africa CEO resigns

Iain Macindoe, CEO of Willis Re's South African business, is the latest of a slew of senior departures at the global reinsurance broker, The Insurance Insider can reveal

Dan Ascher, 09 July 2015
Exor momentum leaves Axis open to bid: Macquarie

Axis could attract a takeover bid after Exor's recent investor meeting with PartnerRe shareholders made a "no" vote on the Axis deal more likely, according to Macquarie analyst Amit Kumar

Himal Patel, 09 July 2015
Ace to double terrorism capacity

US insurance giant Ace has announced plans to double its capacity for European terrorism, political violence and war risks to $100mn in response to increasing demand from multinationals.

Dan Ascher, 09 July 2015
New York Roundtable 2015

I could swear the world is spinning faster than it was this time last year

09 July 2015
UK court gives broker green light for EUR1.2bn AmTrust suit

A UK court has cleared the way for Trust Risk Group, the former Italian medical malpractice broker for AmTrust, to pursue the international specialty insurer for EUR1.2bn in arbitration proceedings.

Dan Ascher, 09 July 2015
Aspen launches Chicago branch with XL/Catlin hires

Bermudian (re)insurer Aspen has opened a property branch in its Chicago office after bringing in new hires from XL/Catlin.

Charlie Thomas, 09 July 2015

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