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AIG’s NA property CUO Maritzen leaves for Berkshire Hathaway

It is understood that the executive will be joining the conglomerate’s reinsurance business, run by Ajit Jain.

Kyoung-son Song, 13 January 2023
Fidelis secures approval to represent itself in AerCap court case

The carrier argued that, because the sum it was being sued for was significant – $95mn in the all-risk case and $240mn in the war risk case – it should be allowed to represent itself.

Aisling Finn, 13 January 2023
Axa XL adds Mapfre’s Becerra to aviation team

Oscar Becerra has nearly two decades of experience in the aviation market, both as a broker and an underwriter.

Aisling Finn, 13 January 2023
Natural disasters in 2022 cost Australian economy A$5bn

The government will look to mitigate against future disasters rather than subsidise insurance.

Rachel Dalton, 13 January 2023
Spiegel sells off £1.9mn in R&Q shares to fund tax bill

The executive chairman has sold around half of his holding back to the company.

Rachel Dalton, 13 January 2023
The Week in 90 Seconds: Marine squeeze; The 1.1 aftermath; Beazley and Trium on the record

Plus the latest people moves and all the top news of the week.

Rachel Dalton, 13 January 2023
Everest pulls paper from Miami fac MGA Brickell Underwriting

It is understood that the Miami-based underwriter will continue operating with capacity from Bermudian carrier PartnerRe and Mexican reinsurer Patria Re.

Jairo Ibarra, 12 January 2023
Convex names Bissett CFO as Meuli moves to CIO

Bissett will oversee Convex’s finance function in addition to the data and actuarial teams.

Abbie Day, 12 January 2023
Aon and Marsh get PV facilities over the line despite Ukraine fallout

Under the terms of the renewal, the brokers made several concessions to underwriters, including making PV and SRCC risks prior submit, rather than automatic delegation.

Aisling Finn, 12 January 2023
Berkshire Hathaway drops IAG shareholding deal

The ending of an exclusivity arrangement also allows Berkshire Hathaway to offer reinsurance to Australian rivals.

Rachel Dalton, 12 January 2023

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