 | |
| Company type | Subsidiary |
|---|---|
| Industry | Financial services |
| Founded | 1921 (General Reinsurance Corp.) 1846 (Kölnische Rückversicherung) |
| Headquarters | , United States |
Area served | Worldwide |
Key people | Charlie Shamieh (chairman) Kara Raiguel (president and CEO)[1] |
| Products | Reinsurance |
| Parent | Berkshire Hathaway |
| Website | genre |
General Reinsurance Corporation is an American multinational property/casualty and life/health reinsurance company offering a range of reinsurance products and services. The company is a primarily direct reinsurer and is represented in all major reinsurance markets worldwide through a network of more than 40 offices. Gen Re is a wholly owned subsidiary of Berkshire Hathaway Inc.
Financial strength ratings of Gen Re's reinsurance operations:
- A.M. Best: A++ (Superior)[2]
- Standard & Poor's Claims Paying Ability Rating: AA+[3]
- Moody's Financial Strength Rating: Aa1[3]
General Re Corporation is the holding company for Gen Re's global reinsurance and related operations. It owns General Reinsurance Corporation, General Re Life Corporation and General Reinsurance AG, the direct reinsurers which conduct business as Gen Re. In addition, the insurance, reinsurance and investment management companies in the General Re group include: Gen Re Intermediaries, NEAM, General Star, Genesis, USAU and Faraday.[3]
- ^ "Senior Management Team". Gen Re. Archived from the original on 17 April 2021. Retrieved 8 April 2022.
- ^ "AM Best Affirms Credit Ratings of General Reinsurance Corp. and Its Subsidiaries; Withdraws Ratings of IdeaLife Insurance Co. (Press Release)". A.M. Best. 26 March 2021. Retrieved 8 April 2022.
- ^ a b c "Meet Gen Re". Gen Re. Retrieved 8 April 2022.