INVESTMENTS
May 15, 2024 11:15 PM (EDT)
Berkshire Hathaway Inc. has purchased nearly 26 million shares of Chubb Ltd. stock, totaling just over $6.7 billion, the company revealed in a regulatory filing.
LIFE INSURANCE
May 14, 2024 01:57 PM (EDT)
Total U.S. life insurance new annualized premium of $3.76 billion dropped 1% in the first quarter, compared with the same period a year earlier, as falling whole life sales offset gains across products, according to LIMRA.
SPECIAL REPORT
May 09, 2024 08:59 AM (EDT)
Loss severity for several U.S. casualty lines of insurance business has exceeded economic inflation over the past decade, suggesting that other factors are influencing claims costs for indemnity and expense payments, according to a new Best's Special Report.
May 16, 2024 08:37 AM (EDT)
AM Best is revising its market segment outlook on Spain’s non-life insurance segment to stable from negative, according to its new Best’s Market Segment Report, “Market Segment Outlook: Spain Non-Life Insurance.”
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