General Re Corporation, a wholly owned subsidiary of Berkshire Hathaway Inc., completed its analysis of strategic alternatives for General Re Financial Products (GRFP), determining that it will resume its activities with some changes. Berkshire Chairman Warren Buffett said he “unequivocally” supports the business plan, and has “complete confidence” in the management’s ability to deliver. GRFP has a “AAA” counterparty credit rating from Standard & Poor’s.
Was this article valuable?
Here are more articles you may enjoy.
Insurify Starts App With ChatGPT to Allow Consumers to Shop for Insurance 
US Supreme Court Rejects Trump’s Global Tariffs 
AI Claim Assistant Now Taking Auto Damage Claims Calls at Travelers 
Florida Engineers: Winds Under 110 mph Simply Do Not Damage Concrete Tiles From This Issue
