Fairfax fourth quarter income drops

For Fairfax’s re/insurance companies, operating income edged up to $1.47 billion from $1.39 billion in the quarter but this was offset by a $187 million loss from life insurance


Howden to buy captive manager

Based in Guernsey and with a management licence in Bermuda, ARM's companies provide insurance management services to clients worldwide.


Hagerty Re ratings remain unchanged

AM Best said the acquisition is not expected to have any material impact on Hagerty Re’s balance sheet strength or any near-term material impact on the ultimate parent, Hagerty Inc.


Fortitude Re losses knock AIG profit

Other operations recorded a narrower loss of $399 million compared to $451 million while net investment income rose to $3.9 billion from $3.2 billion.