What does Gen Re do?

What does Gen Re do?

Gen Re delivers reinsurance solutions to the Life/Health and Property/Casualty insurance industries. We work closely with our clients to understand their strategic and operational goals, offering a wide range of products, tools and resources that aim to promote our clients’ ongoing growth and success.

Where is Gen Re based?

Stamford, Connecticut
Gen Re

Type Subsidiary
Headquarters Stamford, Connecticut , United States
Area served Worldwide
Key people Charlie Shamieh (Chairman) Kara Raiguel (President and CEO)
Products Reinsurance

Who owns Gen Re?

Berkshire HathawayGen Re / Parent organization
General Re®, a subsidiary of Berkshire Hathaway Inc., is the holding company for global reinsurance and related operations.

Does Berkshire Hathaway own General Re?

General Re®, a subsidiary of Berkshire Hathaway Inc., is the holding company for global reinsurance and related operations. It owns General Reinsurance® and General Reinsurance AG, which conduct business as Gen Re.

Who owns Kenya Re?

How many shares does Kenya Re have and who are the main shareholders? The numbers of shares are 600,000,000. The Kenya Government has the majority shareholding of 360, 000,000 (60%) while the remainder (40%) 240,000,000 is held by the public.

What are general insurance companies?

General Insurance Company The types of general insurance policies include motor insurance, health insurance, home insurance, marine insurance, travel insurance and so on. The majority of general insurance products come with annual contracts, while some of them are also available as long term.

How many reinsurance companies are there in Kenya?

There are three locally incorporated reinsurers in Kenya include Kenya Reinsurance Corporation, East Africa Reinsurance Company and Continental Reinsurance. There are also two regional reinsurers including Africa Reinsurance Corporation and PTA Reinsurance (Zep Re).

Who are reinsurance companies?

A reinsurer is a company that provides financial protection to insurance companies. Reinsurers handle risks that are too large for insurance companies to handle on their own and make it possible for insurers to obtain more business than they would otherwise be able to.