Most read stories for the week include an article on Beazley splitting its specialty business into two divisions and several health insurers seeking big rate hikes for 2019 Affordable Care Act plans.
Beazley to split its biggest unit from 2019
Beazley PLC is splitting its $1.29 billion gross written premium specialty business into two divisions at the start of 2019.
'World record' deal propels Berkshire into global reinsurance top 3
Berkshire Hathaway Inc. became the world's third-largest reinsurer in 2017, ending European dominance over the top four in a rare reshuffle of the leading companies.
Several health insurers seek big rate hikes in 1st filings for '19 ACA plans
The first Affordable Care Act rate filings for individual plans offer an early look into how insurers have reacted to the regulatory challenges that the embattled health law faced in 2017.
Meridian deal gives WellCare optionality on ACA exchanges, CEO says
WellCare Health Plans Inc. CEO Kenneth Burdick expressed confidence in the prospects of the company's government-sponsored health programs business following the announcement of the company's pending acquisition of Meridian Health Plan of Michigan Inc., Meridian Health Plan of Illinois Inc. and pharmacy benefit manager MeridianRx.
US tax reform to hit 'large number' of Lloyd's underwriters: EY
A "large number" of Lloyd's of London syndicates and members will have to pay a U.S. tax aimed at stopping companies from sending profits to offshore affiliates, according to an EY tax practice partner.
