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’s NICO pays Hartford $1.12bn to commute reinsurance cover
28th September 2026
The Hartford Insurance Group has agreed to commute and terminate its aggregate excess of loss reinsurance agreement with National Indemnity Company (NICO), a Berkshire Hathaway subsidiary, ending cover for asbestos and environmental adverse development that has been in place since December 31, 2016. Hartford Fire Insurance Company and certain affiliates entered ... Read the full article
Warren Buffett honoured as Chairman Emeritus for ‘extraordinary’ contributions to Berkshire
18th September 2026
Warren E. Buffett has been named Chairman Emeritus of Berkshire Hathaway, effective immediately, in recognition of his "extraordinary" contributions to the company and its owners. Chairman Emeritus is an honorary title recognising a retired board chairman's past service, leadership, and major contributions to an organisation. Although the title is honorary, Buffett will ... Read the full article
BHSI promotes Katharina Rütz to Head of Executive & Professional Lines in Germany
10th September 2026
Berkshire Hathaway Specialty Insurance (BHSI), the commercial insurance arm of Berkshire Hathaway, has announced the promotion of Katharina Rütz to Head of Executive & Professional Lines in Germany. Rütz will continue to be based in Cologne and work with Dr. Carsten Keune, Head of Executive & Professional Lines, DACH at BHSI. She ... Read the full article
Munich Re and Lloyd’s take top spots in 2025 global reinsurer rankings
17th August 2026
Munich Re has reclaimed its spot as the world's largest reinsurer for companies that report under IFRS 17, while the specialist Lloyd's marketplace has climbed above Berkshire Hathaway to claim the top spot for non-IFRS 17 reinsurers, based on year-end 2025 figures. Based on research data from ... Read the full article
Berkshire Hathaway P&C reinsurance boosted by Tokio Marine deal, as property volumes fall
8th August 2026
Berkshire Hathaway, the American multinational conglomerate holding company, reported that its recently entered into whole account quota share reinsurance agreement with Tokio Marine boosted premium volumes in the second-quarter, which otherwise would have fallen primarily due to lower property underwriting volumes. Berkshire Hathaway reported that overall re/insurance underwriting earnings fell in ... Read the full article
Tokio Marine enters next phase of growth with Berkshire Hathaway partnership
21st May 2026
The Berkshire Hathaway partnership and solutions business mark the next phase of growth for Tokio Marine Holdings, aligning with the firm's "strongest full-year financial performance," when excluding cross shareholding gains. Announced in March of 2026, the strategic alliance connects Tokio Marine with one of the world's most respected re/insurance ... Read the full article
Berkshire Hathaway flags cyber uncertainty and holds back on data centre cover
5th May 2026
Berkshire Hathaway, the US-based conglomerate with significant insurance and reinsurance operations, has underlined its cautious approach to emerging risk areas, with Vice Chairman of Insurance Operations Ajit Jain highlighting ongoing concerns around cyber underwriting and limited activity in the fast-growing data centre sector. On cyber, Ajit Jain said demand for cover ... Read the full article
Shamieh in frame for Berkshire insurance leadership as Jain tenure continues
5th May 2026
A report by The Wall Street Journal says Berkshire Hathaway has identified Charlie Shamieh as the likely successor to Ajit Jain, the group’s Vice Chairman of Insurance Operations. Citing people familiar with the matter, WSJ said the timing of the transition remains uncertain, with Shamieh expected to take over leadership of ... Read the full article
Berkshire Hathaway re/insurance underwriting earnings rose 29% to $1.717bn in Q1 2026
2nd May 2026
Berkshire Hathaway, the American multinational conglomerate holding company, has reported increased net underwriting earnings from its insurance and reinsurance businesses of $1.717 billion for the first-quarter of 2026, a roughly 29% increase on the prior year. The company has again cited a competitive property reinsurance market and lower rate environment as ... Read the full article
DFC and Chubb reveal new partners for expanded Maritime Reinsurance plan
7th April 2026
The U.S. International Development Finance Corporation (DFC) and Chubb have revealed six additional American insurance partners that will provide reinsurance for the DFC's Maritime Reinsurance plan: Travelers, Liberty Mutual Insurance, Berkshire Hathaway, AIG, Starr, and CNA. As previously reported, Chubb was named lead partner for the DFC’s $20 billion Maritime ... Read the full article
Berkshire Hathaway’s NICO to acquire 2.5% stake in Tokio Marine
23rd March 2026
Berkshire Hathaway has entered into a comprehensive strategic partnership with Tokio Marine Holdings, Inc. (TMHD), under which its reinsurance business, National Indemnity Company (NICO), will acquire a 2.5% stake in the Japanese insurer. The new deal reportedly comprises the following three key elements: strategic equity investment in TMHD, collaboration in reinsurance, ... Read the full article
Berkshire Hathaway posts strong ’25 re/insurance result, expects to write less P&C business ‘for a period of time’
28th February 2026
Berkshire Hathaway, the huge American multinational conglomerate holding company, cut premium written in its property and casualty (P&C) reinsurance business in 2025 as a result of increased competition and lower rates, as new CEO, Greg Abel, warns that the firm will continue to write less reinsurance premium so "long as ... Read the full article
BHSI promotes Chris Polechronis to Head of Financial Institutions, US
5th February 2026
Berkshire Hathaway Specialty Insurance (BHSI), a provider of commercial property, casualty, and specialty insurance solutions, has announced the promotion of Chris Polechronis to Head of Financial Institutions in the U.S. Based in New York, Polechronis will be responsible for the company’s financial institutions business nationwide. He brings nearly 25 years of industry ... Read the full article
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
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