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.
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
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
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