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Berkshire Hathaway | February 24, 2020
Berkshire Hathaway Inc. may have bounced back big-time in the fourth quarter of 2019 – from a US$25.4 billion net loss in the same quarter in 2018 to net earnings attributable to shareholders of US$29.2 billion this time around – but the same can’t be said about the group’s insurance underwriting result. In a release over the weekend, the multinational conglomerate reported an operating loss of US$857 million for insurance underwriting. Berkshire’s insurance investm...
Aon | January 15, 2020
Global insurance brokerage and professional services firm Aon has officially completed its acquisition of CoverWallet, a US-domiciled digital insurance platform for small and medium-sized enterprises (SMEs). Now finalized, the deal enables Aon to expand its position in the fast-growing commercial insurance market for SMEs. The brokerage giant will also be able to leverage CoverWallet’s technology and data & analytics capabilities to develop and scale innovative digital client experienc...
Beazley | June 12, 2020
Beazley has announced the launch of a new occurrence media liability policy that covers many risks faced by small to medium-sized media outlets and publishers in the US.
Beazley’s new policy provides professional indemnity cover written on an occurren...
GlobeNewswire | September 11, 2020
Prima Solutions, the leading French insurtech group for insurance and reinsurance professionals in North America, Europe, and Asia Pacific, has announced that AGPM has selected Prima XL as its cloud-based reinsurance management platform. The insurer is placing its confidence in Prima XL to optimize its reinsurance operations. The deployment of the Prima XL cloud platform is part of the group’s strategic initiative to streamline its information systems. After acquiring Prima P&C in 2004...
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