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Berkshire Hathaway to Invest $1.8 Billion in Tokio Marine Berksh...
Posted: Mar 23, 2026
Insurance Business Magazine - US
Posted: Mar 23, 2026
Hippo, Progressive Embark on Strategic Distribution Relationship InsurTech Hippo a...
Posted: Mar 23, 2026
Iran Threatens to Strike Gulf Power Plants After Trump Ultimat...
Posted: Mar 23, 2026
A new report from Autonomous has suggested that direct insurance losses should remain relatively contained due to standard war and terror exclusions in many contracts, though the longer the conflict persists, and potentially expands, the greater t...
Posted: Mar 23, 2026
Reinsurance Group of America, Incorporated (RGA), a global life and health reinsurer, has appointed Peter Babej to its Board of Directors, effective April 1st, 2026. Most recently, Babej served as Chairman and Interim Head of Banking at Citigroup...
Posted: Mar 23, 2026
An Air Canada Express jet collided with a fire truck while landing at New York’s LaGuardia airport late on Sunday, killing both pilots, injuring dozens and closing the facility, authorities said. The Air Canada Express CRJ-900 plane, operated b...
Posted: Mar 23, 2026
NormanMax Insurance Holdings, a US domiciled parametric insurer and reinsurer, has hired Alvaro Espinel Pardo as a Vice President to lead its strategy and development in both Latin and South America. Espinel Pardo joins the company on March 23rd,...
Posted: Mar 23, 2026
A U.S. federal jury found Elon Musk liable on Friday for claims he defrauded Twitter shareholders by trying to drive down the social media company’s stock price so he could renegotiate or back out of a $44 billion takeover in …
Posted: Mar 23, 2026
Global reinsurance broker Gallagher Re has announced the appointment of Fabienne Marsoner as Broker, APAC Casualty FAC. Marsoner is joining Gallagher Re from Marsh, where she most recently served as Assistant Vice President – International C...
Posted: Mar 23, 2026
Acrisure London Wholesale (ALW), the London-based wholesale division of Acrisure, has moved into the aviation insurance sector with the launch of a dedicated specialist team. The development comes shortly after the firm introduced its construction...
Posted: Mar 23, 2026
International specialty reinsurance group Compre has entered into a new in-the-money adverse development cover (ADC) transaction with a European reinsurer. The agreement covers a diversified, Europe-wide liability portfolio with net reserves of ap...
Posted: Mar 23, 2026
Iran will attack Israel’s power plants and those supplying U.S. bases across the Gulf region if President Donald Trump carries out his threat to “obliterate” Iran’s power network, the Revolutionary Guards said in a statement o...
Posted: Mar 23, 2026
U.S. President Donald Trump said on Monday he had given orders to postpone any military strikes against Iranian power plants for five days, hours ahead of a deadline that threatened further escalation in the conflict now in its fourth week. …
Posted: Mar 23, 2026
U.S. President Donald Trump said on Monday he had given orders to postpone any military strikes against Iranian power plants for five days, hours ahead of a deadline that threatened further escalation in the conflict now in its fourth week. …
Posted: Mar 23, 2026
U.S. President Donald Trump said on Monday he had given orders to postpone for five days the attacks he had threatened against Iranian power plants, and said the U.S. was in talks with Tehran about ending the U.S.-Israeli war on …
Posted: Mar 23, 2026
U.S. President Donald Trump said on Monday he had given orders to postpone for five days the attacks he had threatened against Iranian power plants, and said the U.S. was in talks with Tehran about ending the U.S.-Israeli war on …
Posted: Mar 23, 2026
Berkshire Hathaway has entered into a comprehensive strategic partnership with Tokio Marine Holdings, Inc. (TMHD), under which its reinsurance business, National Indemnity Company (NICO), will acquire a 2.5% stake in the Japanese insurer. The new...
Posted: Mar 23, 2026
Fermat Capital Management says a European proposal to limit retail investors’ access to catastrophe bonds faces serious pushback, as money managers specialized in insurance-linked strategies mount a coordinated front. John Seo, co-founder and m...
Posted: Mar 23, 2026
Berkshire Hathaway Inc. will invest 287.4 billion yen ($1.8 billion) in insurer Tokio Marine Holdings Inc., ramping up the US conglomerate’s exposure to the Japanese market. National Indemnity Company, a subsidiary of Berkshire, will make a 2.4...
Posted: Mar 23, 2026
Berkshire Hathaway Inc. will invest 287.4 billion yen ($1.8 billion) in insurer Tokio Marine Holdings Inc., ramping up the US conglomerate’s exposure to the Japanese market. National Indemnity Company, a subsidiary of Berkshire, will make a 2.4...
Posted: Mar 23, 2026
Bermuda-based reinsurer PartnerRe has reported net income of $2.10 billion for the full year of 2025 (FY’25), a distinct hike from $1.44 billion in FY’24, as the non-life segment reported an underwriting profit of $364 million, while life and heal...
Posted: Mar 23, 2026
The overseas investment arm of China’s Ping An Insurance (Group) Company is reconsidering its exposure to the US as the Iran war fuels waves of volatility. The conflict in the Middle East has upended global markets over the past few …
Posted: Mar 23, 2026
LIMRA, the research and consulting organisation supporting the insurance and financial services sector, reported that US individual life insurance new annualised premium climbed past $17.5 billion in 2025, establishing a new industry high. Accordi...
Posted: Mar 23, 2026
Posted: Mar 23, 2026
Global insurer QBE has announced the appointment of Reuben Lee as Transactional Liability Lead for Asia, effective 19th March 2026. In this newly created role, Lee will provide strategic direction for underwriting the portfolio in Asia, focusing o...
Posted: Mar 23, 2026
International General Insurance Holdings Ltd. (IGI), a specialist commercial insurer and reinsurer, has appointed Thomas A. Collett to its Board of Directors and to its Compensation Committee, effective March 19th, 2026. Additionally, David D. Ant...
Posted: Mar 23, 2026
The website used by an Iranian government-linked hacking unit that claimed responsibility for a March 11 cyberattack on a U.S. medical device maker was back up and running a day after the FBI and Department of Justice seized its internet …
Posted: Mar 23, 2026
Hyundai Motor said on March 20 it has reports of four minor injuries because rear power seats in new Palisade SUVs may trap a person as sales remained halted after an incident earlier this month in which a two-year-old girl …
Posted: Mar 23, 2026
An airport in a dusty and remote corner of rural Spain has once again become a parking lot for aircraft stranded in Europe, this time due to the war with Iran, which has forced countries to close their airspace and …
Posted: Mar 23, 2026
An airport in a dusty and remote corner of rural Spain has once again become a parking lot for aircraft stranded in Europe, this time due to the war with Iran, which has forced countries to close their airspace and …
Posted: Mar 23, 2026
An airport in a dusty and remote corner of rural Spain has once again become a parking lot for aircraft stranded in Europe, this time due to the war with Iran, which has forced countries to close their airspace and …
Posted: Mar 23, 2026
On a trip to Dubai two years ago to review luxury hotels, I found myself at a beach-club brunch surrounded by people with British accents. Groups were debating the merits of different corners of the Clapham neighborhood. If not for …
Posted: Mar 23, 2026
A south Florida FedEx driver, now a quadriplegic after a vehicle crash in 2019, may need constant care and may benefit from a trip to see family members in New York. But the employer and the workers’ compensation insurer should …
Posted: Mar 23, 2026
Could a market that facilitates millions in wagers on how many times Vice President JD Vance claps during a State of the Union address, or whether Elon Musk will finally be unmasked as Satoshi Nakamoto—the elusive, pseudonymous creator of bitcoin—act...
Posted: Mar 23, 2026
More than 350 people were hastily evacuated from an Orlando apartment complex last week after fire officials found cracks throughout the building along with doors that wouldn’t open. Local news outlets reported that a panicky resident called 91...
Posted: Mar 23, 2026
A lawsuit filed Friday blames the owners and others associated with a resort in Costa Rica for the carbon dioxide-related death of former New York Yankees outfielder Brett M. Gardner’s teenage son last year. Gardner and other relatives filed a...
Posted: Mar 23, 2026
Today’s agents are dealing with a pace of innovation that would boggle their predecessors’ minds. This data-centric era and uncertain economic landscape places pressure on agents to adapt to and incorporate the latest technology, with an...
Posted: Mar 22, 2026
Peter Bransden, head of crisis management, North America, at Willis, said recent developments in the Middle East heighten and complicate political violence risk that organizations face at home and abroad. “So long as the conflict continues and...
Posted: Mar 22, 2026
Another area to pay close attention to when insuring restaurants and bars is third-party contractual risk transfer with vendors. Paul Broussard, a risk advisor at Cavignac Insurance Brokers in San Diego, said a recent claim illustrates why it’s...
Posted: Mar 22, 2026
In my September 2025 column, I wrote about certificates of insurance as a prequel to an October Academy of Insurance webinar I did on certificates, with a little bit about additional insured (AI) issues involving certificates. On April 2, 2026, ̷...
Posted: Mar 22, 2026