Berkshire Hathaway, the Warren Buffett-run holding company and conglomerate, has reported a $1.3 billion decrease in net underwriting earnings across its insurance and reinsurance operations to $1.34 … [Read More...] about Berkshire Hathaway’s GEICO offsets underwriting losses at reinsurance and primary units in Q1’25
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P&C Insurance
Berkshire Hathaway’s GEICO offsets underwriting losses at reinsurance and primary units in Q1’25
RAA urges US Senate to back smarter and resilient insurance strategies
In a strong message to the US Senate Committee on Banking, Housing, and Urban Affairs, the Reinsurance Association of America (RAA) has called for policies that bolster a resilient, competitive … [Read More...] about RAA urges US Senate to back smarter and resilient insurance strategies
Everest CEO expects mid-year reinsurance renewals to be ‘quite attractive’
Jim Williamson, CEO of Bermuda-based re/insurer Everest, said today that he expects the mid-year reinsurance renewals to be attractive, and that he doesn’t see property catastrophe reinsurance … [Read More...] about Everest CEO expects mid-year reinsurance renewals to be ‘quite attractive’
Independent Agency News
Aetna is back! Re-Joining the ACA Individual Health Insurance Marketplace
One of the biggest health … [Read More...] about Aetna is back! Re-Joining the ACA Individual Health Insurance Marketplace
the health scout phone calls
Are you receiving multiple … [Read More...] about the health scout phone calls
Washington DUI Laws: Alcohol, Cannabis, and Drugs
In Washington, a person can be … [Read More...] about Washington DUI Laws: Alcohol, Cannabis, and Drugs
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CatIQ releases CAD 342m loss estimate for March 2025 ice storm in Ontario and Quebec
CatIQ, an independent Toronto-based provider of catastrophe insurance data and a subsidiary of PERILS, has released its initial industry loss estimate for the ice storm that struck Ontario and Quebec between March 28 and 31, 2025. The preliminary estimate, … [Read More...] about CatIQ releases CAD 342m loss estimate for March 2025 ice storm in Ontario and Quebec
Earnix to acquire GenAI platform Zelros
Earnix, the artificial intelligence (AI) platform for insurance, has signed a definitive agreement to acquire Zelros, a generative AI player for insurers and banks. Through combining Earnix’s advanced predictive AI platform with Zelros’s GenAI recommendations … [Read More...] about Earnix to acquire GenAI platform Zelros
RGA names My Chi To as EVP, Chief Legal Officer, and Corporate Secretary
Reinsurance Group of America (RGA), a global life and health reinsurer, has announced the appointment of My Chi To as Executive Vice President (EVP), Chief Legal Officer, and Corporate Secretary, effective May 19th, 2025. To will succeed Bill Hutton, who is … [Read More...] about RGA names My Chi To as EVP, Chief Legal Officer, and Corporate Secretary
Reinsurers to be only ‘mildly affected’ by existing tariffs: Morningstar DBRS
While tariff-induced inflationary factors impacting property insurance are expected to affect property reinsurance as well, Morningstar DBRS analysts have suggested reinsurers will only see a mild impact due to their diverse global operations and exposure to … [Read More...] about Reinsurers to be only ‘mildly affected’ by existing tariffs: Morningstar DBRS
Echo Re’s GWP grows 7.3% in 2024
Echo Reinsurance Limited (Echo Re), a Swiss-based reinsurer, reported gross written premiums of $482 million in its full-year 2024 results, marking a 7.3% increase from $449 million in 2023. In light of the solid premium growth in 2024, Property made up 40% of … [Read More...] about Echo Re’s GWP grows 7.3% in 2024