“He’s not wrong on everything,” billionaire Charles Munger said of Trump.
The record risk-transfer agreement puts Berkshire at risk of posting an underwriting loss.
Berkshire has jumped about 8 percent in New York trading since Trump won the Nov. 8 election.
The booming demand for hot ETFs has finally caught up with the staid, sleepy insurance industry.
CEO Peter Hancock is seeking to rebound after posting three straight quarterly losses.
AIG lifted limits on property claims tied to acts of terrorism as clients ask for more protection in larger cities.
The reduction comes in the midst of a mass exodus of investors fed up with high fees.
Hamilton has expanded in the U.S. and abroad, seeking to underwrite more efficiently than its peers by using big data and technology.
Some of the largest insurance firms, including AIG and Allianz SE, have units that offer space insurance.
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