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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 ...
Gen Re, one of the giant reinsurance businesses at Warren Buffett's Berkshire Hathaway Inc., said it's exiting property-casualty operations at six smaller locations amid a global reorganization. The ...
Berkshire Hathaway's insurance subsidiaries are no longer on CreditWatch Negative with Standard & Poor's. The ratings entity removed National Indemnity Co., GEICO and General Reinsurance Corp. ...
Failing to innovate is no longer an option in the property/casualty insurance industry, according to leaders who say that a tolerance for ill-timed or less-than-perfect product launches is better ...
While culture is the central ingredient in the innovation recipes of most property/casualty insurers, strategy games and idea labs are among the more novel approaches P/C leaders describe when asked ...
Property/casualty insurers face a number of external obstacles on the road to delivering more innovative products and reimagining their operations, but the ones that really get in the way come from ...
Data and models are not all that it takes to fuel innovation—or even just to make good underwriting decisions, noted Berto Sciolla. When asked how Gen Re encourages innovation, Sciolla makes ...
General Re Corp., one of the reinsurance units at Warren Buffett's BerkshireHathaway Inc., named Robert M. Jones and Carole M. Ferrero to lead direct sales of property- casualty coverage. Jones will ...
Amping up the drumbeat on potential problems with alternative capital providers, reinsurance industry executives aired critical views about their enduring competitors recently with words like ...
"Twisted financial theories" and rating agency support are keeping the reinsurance space attractive to third-party investors, a reinsurance executive asserted at an industry conference this week. ...
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