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Higher buyback ceiling to hold up Berkshire Hathaway share price
Berkshire Hathaway's move to raise the maximum price it will pay to repurchase its shares to 120 percent of book value should serve to boost the investment conglomerate's share price, according to analysts.
14 December 2012
RSA overhauls cat programme with £1.5bn tower
RSA has surprised the market with a late move to recast its cat programme by creating a main multi-territory £1.5bn ($2.4bn) tower, The Insurance Insider can reveal
14 December 2012
Eiopa sees ‘significantly negative’ sector outlook
The European (re)insurance sector has a "significantly negative" medium-term outlook due to persistently low interest rates and weak macroeconomic conditions, according to Eiopa
14 December 2012
Beazley faces $90mn Sandy loss
Beazley Group has become the first Lloyd's (re)insurer to estimate its likely loss from Superstorm Sandy, predicting a $90mn net loss
14 December 2012
WR Berkley estimates $40mn-$50mn of Sandy losses
WR Berkley has disclosed net pre-tax losses of $40mn-$50mn from Superstorm Sandy
14 December 2012
IAG agrees Equity Redstar sale to Aquiline
IAG has agreed to sell its troubled Lloyd's motor business Equity Redstar to private equity firm Aquiline for £87mn
14 December 2012
Sandy could cost (re)insurers $30bn: Holborn
Superstorm Sandy could cost (re)insurers up to $30bn, according to reinsurance broker Holborn.
14 December 2012
US commercial P&C price rises may have peaked: Barclays
Price rises on large national accounts in the US commercial P&C insurance market may have peaked, according to early indications from Barclays Capital's latest buyers survey on the sector.
14 December 2012
Hardy unveils multiple senior recruits
Hardy has announced its first senior hires since it was bought by US insurer CNA last year, with the Lloyd's (re)insurer bolstering its senior management team with four new hires.
13 December 2012
Gallagher International in strategic LatAm investment
Arthur J Gallagher International has entered into a strategic alliance with Evercore Mexico's private equity division and the Mexican insurance broker and risk management firm Grupo Casanueva Pérez (Grupo CP)
13 December 2012
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