General Re News
The Hartford Exec Tooker Given Additional Responsibilities
The Hartford has given one of its major executives some additional responsibilities. Mo Tooker, hired as chief underwriting officer for P/C operations less than two years ago, is now also head of the ...
Double-Digit Drop in Q3 Profit for Insurance Ops at Buffett’s Berkshire
Berkshire Hathaway reported a 10.5 percent drop in operating profit for its insurance and reinsurance operations during the third quarter, with underwriting income falling 34 percent. While General ...
Is Ajit Jain’s Plate Too Full? No, Buffett Says
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 ...
Berkshire Reports 13th Straight Underwriting Profit; BH Specialty Premium Tops $1B
Insurance operations contributed $4.9 billion to total operating income of $17.4 billion for Berkshire Hathaway in 2015, with underwriting profit levels dropping and investment income rising compared ...
Best Opportunities for Reinsurance Growth: Execs Weigh In
Q: Opportunities. Where do you see the best opportunities for growth: new lines, new territories, specialty insurance or reinsurance, managing capital of third-party investors or partnering with ...
Reinsurance Execs Weigh In on Their Biggest Challenges
Q: Challenges. Which of the following factors do you believe has had the biggest impact on the reinsurance market in 2015? Which is likely to be the most significant factor in 2016? Changing buyer ...
Reinsurance Execs Weigh In on Consolidation
Q: Consolidation. In your view, is M&A activity done in the reinsurance sector or is there more to come? What has been the impact of consolidation of insurers, reinsurers and brokers on the ...
Reinsurance Execs Weigh In on Pricing
Q: The Pricing Environment.Recent rating agency reports contained the following observations about the reinsurance pricing environment: S&P: "Price competition for global property/casualty ...