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Reinsurance News Berkshire Hathaway Berkshire Hathaway is an American multinational conglomerate holding company, famous for its diverse portfolio of wholly-owned businesses. This page contains news about Berkshire Hathway’s insurance and reinsurance businesses, as well as its financial reporting. Within that, Berkshire Hathaway has a meaningful insurance and reinsurance operation and under the watch of Warren Buffett this has grown into one of the most meaningful players in the global reinsurance market. Berkshire Hathaway Reinsurance Group encompasses GenRe, TransRe and its life reinsurance operations. Given its size and breadth of operations, Berkshire Hathaway has famously used the insurance premium float generated by its primary and reinsurance operations to fuel its enormous investment firepower. With such diversification and depth of capital across its business, Berkshire Hathaway is know for being strategic and tactical in how it underwrites reinsurance business, growing and shrinking its capital deployments into the sector depending on its view of price adequacy and relative value compared to its other opportunities. Berkshire Hathaway overhauls insurance leadership, Nancy Pierce named GEICO CEO 8th December 2025 Berkshire Hathaway, the Warren Buffett-run holding company and conglomerate, has named Nancy L. Pierce as Chief Executive Officer (CEO) of GEICO, effective immediately. She currently serves as Chief Operating Officer of GEICO and, since joining the company in 1986, has held leadership roles across claims, underwriting, product management and regional operations. Ajit ... Read the full article Berkshire (BHSI) appoints Frederic de Blieck as Country Manager, Belgium 11th November 2025 Berkshire Hathaway Specialty Insurance (BHSI), a commercial property and casualty insurer that provides tailored solutions to businesses of all sizes, has appointed Frederic de Blieck as Country Manager for Belgium, continuing in his current role as Head of Executive & Professional (E&P) Lines for the country. De Blieck, who joined BHSI ... Read the full article Berkshire Hathaway posts $2.4bn Q3’25 underwriting earnings amid strong P&C reinsurance result 1st November 2025 Berkshire Hathaway, the Warren Buffett-run holding company and conglomerate, generated improved year-on-year net underwriting earnings across its re/insurance operations of $2.4 billion for the third quarter of 2025 ($750m Q3'24), and $5.7 billion for the nine month period ended September 30th, 2025 ($5.6bn 9M'24), as both the reinsurance and primary ... Read the full article Swiss Re and Berkshire Hathaway top global reinsurer rankings 18th August 2025 New data from AM Best reveals that Swiss Re has taken over from Munich Re as the world's largest reinsurer for companies that report under IFRS 17, with Berkshire Hathaway taking the top spot for non-IFRS 17 reporters, based on year-end 2024 figures. AM Best ... Read the full article BHSI launches Program business in Canada led by David Tran 6th August 2025 Berkshire Hathaway Specialty Insurance (BHSI), a provider of commercial property, casualty, and specialty insurance solutions, has launched a Programs business in Canada, which will be led by David Tran. Tran has been appointed Head of Programs, Canada, and will be responsible for launching and leading program strategies, including a new national ... Read the full article Berkshire Hathaway’s re/insurance underwriting earnings strong despite higher losses in H1’25 2nd August 2025 Berkshire Hathaway, the Warren Buffett-run holding company and conglomerate, has reported net underwriting earnings of $2 billion and $3.3 billion for the second quarter and first half of 2025, respectively, both down on the comparable prior year periods, as the firm's primary insurance arm felt the impacts from catastrophe events ... Read the full article BHSI expands Executive & Professional insurance lines in Italy 23rd May 2025 Berkshire Hathaway Specialty Insurance (BHSI), a provider of commercial property, casualty, and specialty insurance products, has introduced Miscellaneous Professional Indemnity and Public Offering of Securities Insurance in Italy. These policies follow the launch of BHSI’s proprietary Directors & Officers Liability Insurance in December 2024. Marco Vantellino, Head of Executive and Professional, BHSI ... Read the full article Warren Buffett hands Berkshire Hathaway CEO role to Greg Abel 6th May 2025 Berkshire Hathaway's Board of Directors has unanimously voted to appoint Greg Abel, Vice Chairman Non-Insurance Operations, as President and CEO, effective January 1, 2026, following a recommendation from Chairman and CEO Warren Buffett. Buffett, a renowned investor and longtime company leader, will remain Chairman of the Board of Directors. At the Berkshire ... Read the full article Berkshire Hathaway’s GEICO offsets underwriting losses at reinsurance and primary units in Q1’25 3rd May 2025 Berkshire Hathaway, the Warren Buffett-run holding company and conglomerate, has reported a $1.3 billion decrease in net underwriting earnings across its insurance and reinsurance operations to $1.34 billion for the first quarter of 2025, compared with $2.6 billion in the prior year first quarter, amid significant losses from the Southern ... Read the full article BHSI promotes Louise Kidd to Head of Underwriting in Europe 1st April 2025 Berkshire Hathaway Specialty Insurance (BHSI), a provider of commercial property, casualty, and specialty insurance solutions, has appointed Louise Kidd as the new Head of Underwriting for Europe. With over 22 years of experience in the insurance industry, Kidd is well-equipped to lead BHSI’s underwriting strategy across the region. Kidd joined BHSI in ... Read the full article BHSI promotes Anthony Tatulli to Head of Liability, E&P Lines 26th March 2025 Berkshire Hathaway Specialty Insurance (BHSI), a provider of commercial property, casualty, and specialty insurance, has promoted Anthony Tatulli to the expanded role of Head of Liability, Executive & Professional (E&P) Lines. In this role, Tatulli will continue leading BHSI’s E&P Lines business while also overseeing the company’s Casualty and Healthcare divisions, ... Read the full article Berkshire Hathaway’s re/insurance underwriting gain rises to $9bn in 2024 as firm pegs LA wildfire loss at $1.3bn 22nd February 2025 Berkshire Hathaway, the Warren Buffett-run holding company and conglomerate, has reported a 66% year-on-year rise in net underwriting earnings for its insurance and reinsurance businesses in 2024 to $9.02 billion. 2024 was another strong year for Berkshire's re/insurance operations as the underwriting performance of its Berkshire Hathaway Reinsurance Group and GEICO ... Read the full article Ranked by 2023 NPW, health carriers again dominate list of world’s largest insurers 3rd January 2025 In terms of net premiums written (NPW), health insurance companies continued to dominate in 2023 as four out of the top five were US-based health insurers, with UnitedHealth Group holding on to the top spot for the 10th year in a row with NPW growth of 13%. Our ranking of ... Read the full article GEICO performance offsets Q3’24 losses at Berkshire Hathaway’s primary & reinsurance units 2nd November 2024 Net underwriting earnings across Berkshire Hathaway's insurance and reinsurance operations declined to $750 million in the third quarter of 2024, as the strong performance at GEICO more than offset underwriting losses at both the firm's primary insurance and reinsurance businesses. The net underwriting result of Berkshire Hathaway's re/insurance businesses fell 69% ... Read the full article BHSI promotes Theresa Biedermann to SVP, E&P Lines Claims 6th September 2024 Property and casualty insurer, Berkshire Hathaway Specialty Insurance (BHSI), has announced the promotion of Theresa Biedermann to Senior Vice President (SVP), Head of Commercial Lines (Public) and Financial Institutions Claims for Executive & Professional (E&P) Lines Claims in the US. Robert Romeo, Head of Claims, North America at BHSI, commented, “All ... Read the full article
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