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  • The current scramble for consolidation in the global (re)insurance space is not something Hiscox needs to take part in due to the organic process of diversification away from high-margin property cat and big-ticket business it started 15-20 years ago, according to its CEO, Bronek Masojada.
  • 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.
  • Liberty Mutual has posted a 44 percent rise in fourth quarter operating earnings to $900mn as improved underwriting performance strengthened the company's profitability.
  • Platinum Specialty Underwriters has made almost half of its staff in Bermuda redundant following its acquisition by fellow Bermudian RenaissanceRe, according to The Royal Gazette.