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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 ...
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 ...
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 ...
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 ...
Q: Business Strategy. How has your business changed in 2015 to respond to recent challenges? What potential changes are on the horizon for your firm for 2016? Bill Donnell, President of U.S. ...
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 ...
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 ...
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 ...
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 ...
"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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