Zurich
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The figure will cover claims against the liability policy of vehicle rental company Enterprise. -
Berkshire Hathaway is understood to have shown early interest in the UK employers' liability book.
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The Swiss carrier has also signed a multi-year partnership deal with the InsurTech firm.
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Regulator has put the capitalisation of Enstar and RiverStone UK EL deals in focus.
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The deal builds on a European commercial partnership Zurich announced in February.
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The incoming EMEA CEO of Zurich will be the first woman to chair the trade body.
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Buyer Allianz would probably offer shares for its Swiss peer, the analysts say.
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George Quinn's comments appear to lengthen the odds of tie-up between the Swiss carrier and Germany's Allianz.
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The repurchase formed part of a $1bn package of "anti-dilution" measures announced in February.
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Benjamin will become the head of management solutions at Zurich North America.
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The energy veteran will run a new venture on Fidelis's Pine Walk Capital platform.
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Lobbying by the ABI, Biba and MIB bears fruit as the UK government opts to remain in the motor "free circulation zone".
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