News
Insurance
The broker seeks to strengthen its facultative presence and capabilities in the region. 25 February 2022
Insurance
General Reinsurance Corporation (Gen Re) has entered into an initial five-year agreement with TransRe, which will act as exclusive underwriting manager on behalf of Gen Re for US and Canadian property and casualty treaty reinsurance business produced by brokers and intermediaries. 6 July 2016
Insurance
Berkshire Hathaway has reduced net earned premium in its re/insurance operations by 38.5 percent year on year to $13.37 billion in the first quarter of 2018 driven by the Berkshire Hathaway Reinsurance Group unit, according to KBW research. 8 May 2018
Insurance
In May this year, Gen Re revealed that Kara Raiguel would replace Tad Montross at its helm, a move that triggered a phase of reassessment and change at the company. For Rainer Schuermann, Gen Re’s regional manager, P/C Treaty Asia, this can bring exciting opportunities to the region he is responsible for. 12 October 2016
Insurance
The biggest growth opportunities in Asia exist for primary insurers able to tap into the insurance needs of a more affluent population, Rainer Schuermann, regional manager, P/C Treaty Asia, Gen Re, told EAIC Today. 11 October 2016
Insurance
Berkshire Hathaway recorded an overall net loss from insurance underwriting of $1.44 billion in the third quarter of 2017 compared to a net income of $272 in the same period a year ago. 6 November 2017
Insurance
Gen Re, a property/casualty and life/health reinsurer, and subsidiary of Berkshire Hathaway, has created a critical illness (CI) insurance start-up package for life and health insurance carriers in North America trying to enter the market. 21 July 2016
News
Ajit Jain, Warren Buffett’s right hand man, has revealed the new chief executive of reinsurer Gen Re in an internal memo issued today (Friday May 20) in which he also expresses concerns that Gen Re has become less relevant in the market. 20 May 2016
Insurance
The deal between TransRe and Gen Re that will see the former help the latter access the broker markets in the US looks like a win-win for both parties—but the proof of this pudding may be in the eating. Mike Sapnar and Ken Brandt from TransRe explain to Intelligent Insurer how the deal will work, what it means for cedants and how they plan to avoid any pitfalls. 23 October 2016
Insurance
Crawford & Company, a provider of claims management solutions, has appointed Geoff Piggot the new chief executive officer (CEO) of its global technical services (GTS) division. 18 January 2017
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