Reinsurance Rates Are Rising, but Few Agree Where April 6, 2011 By Ben Berkowitz Reinsurance rates may be edging higher only now, but the companies’ shares could still surge amid investor hopes that disasters,...
Japan Quake Reveals Cracks in Insurance System – Part II April 6, 2011 By Ben Berkowitz and Myles Neligan The first part of this article appeared on the IJ’s web site on April 5. PRICE PRESSURE Earthquakes may not...
Japan Quake Reveals Cracks in Insurance System – Part I April 5, 2011 By Ben Berkowitz and Myles Neligan Michael Korn is a popular person these days, which is perhaps not too surprising considering what he does for a...
Reinsurance Rates May Rise with Japan Loss Estimates April 4, 2011 By Ben Berkowitz Risk modeling company AIR Worldwide tightened its estimate for insured losses from the Japan earthquake and tsunami, as one analyst...
Leading Candidate to Succeed Berkshire’s Buffett Quits March 31, 2011 By Ben Berkowitz The man widely seen as the leading successor to Warren Buffett at Berkshire Hathaway has resigned after buying shares in...
Under SEC Pressure, Berkshire Took Q4 Writedowns on Stocks March 28, 2011 By Ben Berkowitz Warren Buffett’s Berkshire Hathaway took nearly $1 billion in writedowns on three stocks last quarter under pressure from U.S. regulators...
Japan Reinsurance Prices Should Rise 50%: Analyst March 28, 2011 By Ben Berkowitz Risk modeling company AIR Worldwide tightened its estimate for insured losses from the Japan earthquake and tsunami, as one analyst...
Debate Begins: Will Japan Disaster Raise Insurance Rates? March 16, 2011 By Ben Berkowitz and Myles Neligan Losses from the Japanese earthquake will reduce insurers’ capital reserves, insurance brokers said Tuesday, as sector shares continued their sharp...
Japan Quake/Tsunami Loss Estimates Continue to Hit Insurers’ Shares March 15, 2011 By Ben Berkowitz and Myles Nelligan Investors sold insurance shares Monday in fear of how high the total losses from Japan’s earthquake and tsunami will go,...
“Unexpected Nature” of Japan Quake Complicates Insured Loss Estimates March 14, 2011 By Ben Berkowitz The unexpected nature of this week’s earthquake in Japan, plus the damage from the subsequent tsunami and fires, makes estimating...