Berkshire Hathaway announces death of vice chairman Charlie Munger
Warren Buffett, CEO of Berkshire Hathaway, wrote a short statement praising Munger’s “inspiration, wisdom and participation”.
Latest updates
State National coming to UK MGA market through Markel International
Markel-owned US carrier State National Companies is to launch a “program services division” for UK MGAs in 2024, the insurer has announced.
Apollo launches credit, mortgage, surety treaty class
From 1/1, re/insurer Apollo has expanded its treaty reinsurance business within its Syndicate 1969 at Lloyd’s.
Talanx completes Liberty Seguros Brazil acquisition
German insurer HDI moves up to number two in the property and casualty insurance market following the transaction, the company said.
Lloyd’s launches consultation on insuring lower-carbon economy transition
The Lloyd’s market has released a consultation on its roadmap for insuring the transition to a green economy.
Expanding DIFC promoted as MGA hub for Middle East, Africa and South Asia access
MGAs represent 43% of DIFC’s insurance constituents, as of September, contributing $2.1bn of gross written premium.
Tysers pays fine to resolve Ecuadorian bribery case
A corruption case brought by the US Justice Department has been resolved with fines and a three-year deferred prosecution agreement for both reinsurance broking firms involved.
News
The most climate vulnerable countries could lose 100%+ of GDP from insurable cats – Cambridge, Howden study
London, Paris, New York lead global cities resilience index – Tokio Marine
Marsh McLennan announces ‘Unity’ Black Sea grain insurance deal with Ukraine
Snyder appointed Argo CEO after $1.1bn Brookfield acquisition
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