Catch up on the essential news and analysis from the Insurance Day experts Related Stories Daily Digest: Acrisure Re on US property softening, Swiss Re profits soar, Brazil hit by SCS losses Dudley and Dale elected to Lloyd’s council Swiss Re shares fall amid L&H reserve strengthening
Investors worry about underlying profitability of life and health reinsurance book as lower cat losses boost P&C result Related Stories NFIP back in operation, for now Brazil SCS losses ‘will be in tens of millions’ Swiss Re 9M profits soar on lower cat losses and reserve releases
Swiss Re shares fall amid L&H reserve strengthening Read More »
Stock futures pointed higher Wednesday on optimism that the 43-day U.S. government shutdown would soon come to an end. Futures associated with the tech-heavy tech-heavy Nasdaq, benchmark S&P 500, and blue-chip Dow Jones Industrial Average were up a respective 0.5%, 0.3%, and 0.1%. The three major stock indexes ended mixed yesterday, with the Dow jumping 1.2%, or about 560
Warren Buffett on Monday assured Berkshire Hathaway shareholders they need not worry about his upcoming departure as chief executive, giving a full-throated endorsement to his successor Greg Abel and promising to remain a major shareholder. In a letter to Berkshire shareholders, possibly his last public communication with them until he steps down at year-end, Buffett,
Buffett Strongly Backs CEO-Designate Abel, Plans to Keep Berkshire Shares Read More »
Stock futures pointed mostly lower Wednesday, the record-breaking 36th day of the U.S. government shutdown, after major indexes dropped yesterday on concerns about an AI bubble. Futures associated with the tech-heavy Nasdaq and benchmark S&P 500 were down 0.3% and 0.2%, respectively, while those affiliated with the blue-chip Dow Jones Industrial Average were little changed. Given the freeze on
Catch up on the essential news and analysis from the Insurance Day experts Related Stories Daily Digest: Scor shares tumble, Axis CEO on US casualty rates, Melissa insured losses in the billions Axis CEO: US casualty portfolio still rate adequate SiriusPoint CEO Egan pleased with carrier’s ‘upward trajectory’
Daily Digest: Scor shares tumble, Axis CEO on US casualty rates, Aon Q3 results Read More »
Insurance Day’s tracked shares fall 1.1% in a mixed week for re/insurers Related Stories US federal government shutdown creates opportunities for private flood insurers Insurers must assess exposure as commission models come under fire This year’s quiet hurricane season is not unusual – but it is not over yet
Everest Group shares fall 11% amid US casualty reserve challenges Read More »
French reinsurance giant posts earnings beat as lower natural catastrophe losses flatter performance, analysts say Related Stories Daily Digest: Scor shares tumble, Axis CEO on US casualty rates, Melissa insured losses in the billions Axis CEO: US casualty portfolio still rate adequate SiriusPoint CEO Egan pleased with carrier’s ‘upward trajectory’
Scor shares fall 12% on ‘weak underlying performance’ Read More »
Catch up on the essential news and analysis from the Insurance Day experts Related Stories Axis CEO: US casualty portfolio still rate adequate SiriusPoint CEO Egan pleased with carrier’s ‘upward trajectory’ Scor shares fall 12% on ‘weak underlying performance’
Key Takeaways Buffett calls self‑development “the best investment by far” because skills can’t be taxed or “inflated away.” The next‑best hedge is to own stock in companies whose products require little new capital but can raise prices at the rate of inflation or even higher. Firms built on royalty-like models or networks often convert revenue
Warren Buffett Shares His Top Strategy to Safeguard Your Wealth Against Inflation Read More »