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Berkshire Hathaway Specialty Insurance enters into transactional liability insurance market in Canada and the U.S.

July 19, 2016 by Canadian Underwriter

Berkshire Hathaway Specialty Insurance (BHSI) announced on Tuesday that it has expanded into the transactional liability insurance market in Canada and the United States. BHSI also said in a press release that it has named Robert Underhill as senior vice

News CatastrophesInsuranceMergers and Aqcuisitions

Total worldwide economic losses for first half of 2016 at US$70 billion, up US$11 billion from 2015 half-year totals: Munich Re

July 12, 2016 by Canadian Underwriter

Total worldwide economic losses for the first half of 2016 were US$70 billion, of which US$27 billion were insured, significantly higher than the first year losses of US$59 billion in 2015, of which US$19 billion were insured, Munich Re said

News InsuranceMarkets / CoveragesMergers and AqcuisitionsProfessional Development

Sedgwick and subsidiary Vericlaim expand operations in Canadian market

June 1, 2016 by Canadian Underwriter

Sedgwick Claims Management Services, Inc. and its subsidiary Vericlaim announced on Wednesday that they will expand their services available in the Canadian market. In addition to Sedgwick’s existing third-party administration (TPA) operations, the companies will offer high-quality claims administration and