Latest Gen Re Headlines
All the headlines from our Gen Re Topic Page, ordered by recency.
Gen Re, Boston’s Suffolk University Create Behavioral Economics Relationship
May 6 2022 // Suffolk University professors are bringing their expertise in behavioral economics to Gen Re through a new business relationship designed to benefit the reinsurer’s clients in the areas of underwriting, marketing,...
Berkshire Hathaway General Reinsurance Unit Launches Mideast Office in Dubai
Nov 15 2021 // DUBAI — The General Reinsurance unit of Warren Buffett’s Berkshire Hathaway Inc has set up a Middle East office in Dubai, Dubai International Financial Centre (DIFC) said on Monday. Gen Re will provide life and...
Guy Carpenter Appoints Former Gen Re Exec Toffanello as Head of Japan
Dec 8 2020 // Guy Carpenter & Co., the reinsurance specialist and a business of Marsh & McLennan Cos., announced the appointment of Pietro Toffanello as head of Japan in Q1 2021. In this role, Toffanello will be responsible for...
Gen Re Appoints D’Arcy as Head of International Property & Casualty
Apr 30 2019 // General Re Corp., the reinsurance subsidiary of Berkshire Hathaway, announced that Andrew D’Arcy will become head of Gen Re International Property & Casualty. D’Arcy will relinquish the role of CEO of...
Gen Re Marks a Decade of Helping Wounded Warriors at San Antonio Event
Nov 20 2017 // For the past 10 years the Gen Re office in Dallas has been hosting a successful fundraising event in San Antonio for the Wounded Warriors organization. Soldiers who have been seriously wounded while serving in Iraq and...
Gen Re Marks a Decade of Helping Wounded Warriors at San Antonio Event
Nov 6 2017 // For the past 10 years the Gen Re office in Dallas has been hosting a successful fundraising event in San Antonio for the Wounded Warriors organization. Soldiers who have been seriously wounded while serving in Iraq and...
Berkshire Hathaway’s Gen Re Plans to Expand in Indian Market
Sep 28 2017 // General Re, a unit of Warren Buffett’s Berkshire Hathaway Inc. which won a license to open an Indian office in May, is seeking a larger slice of the world’s fastest-growing reinsurance market. The unit plans to...
InsurLab Germany Launched in Cologne to Promote Insurtech Innovation
Jun 5 2017 // InsurLab Germany, a digital hub for the insurance and reinsurance industry, has been launched in Cologne to promote digital innovation in the industry. There are eight founding insurance companies: AXA, Barmenia, Debeka,...
Guy Carpenter Taps Gen Re’s van Oort as Managing Director, Benelux Operations
Jun 1 2017 // Guy Carpenter & Co. announced the appointment of Hans van Oort from General Reinsurance Co. as managing director, Guy Carpenter Benelux, effective Dec. 1, to further strengthen the regional team. He will be responsible...
JLT Re Appoints Sammur as Executive Vice President in Connecticut
May 31 2017 // JLT Re (North America) Inc. (JLT Re), part of the Jardine Lloyd Thompson Group plc, the global provider of reinsurance broking and consultancy, has appointed Tony Sammur as executive vice president in Stamford, Conn. In...
Gen Re Receives License to Open Reinsurance Branch in India
May 15 2017 // Gen Re has received approval from the Insurance Regulation and Development Authority of India (IRDAI) to open a branch in Mumbai ( known as R3 authorization). The branch structure will now allow Gen Re to deliver...
Berkshire Hathaway’s Insurance Keeps Growing and Hiring Despite Auto, Reinsurance Blips
Feb 27 2017 // Even though Berkshire Hathaway’s GEICO chalked up an underwriting loss in the fourth-quarter 2016, with full-year profit coming in basically even with 2015, the company is poised to take advantage of competitor...
Greenberg, New York AG Settle Long-Running Reinsurance Dispute
Feb 12 2017 // Ex- American International Group Inc. Chief Executive Officer Maurice “Hank” Greenberg admitted to taking part in two deals to make the insurer’s financial condition look better than it was as part of a...
Greenberg Denies Getting Involved in Details of Reinsurance Deals
Oct 6 2016 // Maurice “Hank” Greenberg told a judge that he was just too busy to commit fraud. After 4 1/2 days of intense questioning by a government lawyer, Greenberg finally got to elaborate on his defense to civil fraud...
Jain Tells General Re to Get Leaner and Lower Costs
Aug 26 2016 // Ajit Jain, one of Warren Buffett’s top managers at Berkshire Hathaway Inc., has a message for the staff that he oversees at Gen Re: It’s time for their business to get much leaner and less bureaucratic. After...
Gen Re Seeks to Add Brokerage Business Through Hookup with TransRe
Jul 6 2016 // General Re, the unit of Warren Buffett’s Berkshire Hathaway Inc. that appointed a new chief executive officer in May, struck a deal with a rival reinsurer to help revive sales. Alleghany Corp.’s TransRe will...
Insider ‘Secret Weapon’ Raiguel Named General Re CEO to Replace Montross
May 23 2016 // General Reinsurance Group is getting a new CEO: Berkshire Hathaway reinsurance senior executive Kara Raiguel, who is described by her boss as a “secret weapon,” “zero maintenance,” and a “true...
Buffett Downplays Succession Speculation In Wake of Jain Assuming General Re Role
May 3 2016 // Among the insurance-related highlights of Berkshire Hathaway’s annual meeting in Omaha, Neb. was Warren Buffett’s answer to a question about succession planning for subsidiaries. “There are no tea leaves...
Gen Re’s Benet Joins Beazley to Head Partners Solutions Group
Apr 20 2016 // Specialty insurer Beazley has appointed Elizabeth Benet, formerly of General Re, to head new business development for its partner solutions focus group. Beazley’s specialty treaty team partners with insurance...
CEO Montross to Exit Gen Re at Year’s End; New CEO to Report to Jain, Not Buffett
Apr 13 2016 // General Reinsurance Corp. Chairman and CEO Tad Montross plans to step down by the end of 2016, the Berkshire-Hathaway-owned reinsurer said on Tuesday. An eventual successor will report to Berkshire Hathaway executive Ajit...
