Berkshire Hathaway Specialty Insurance Enters Singapore, Names Key Leaders

December 8, 2014

Berkshire Hathaway Specialty Insurance (BHSI) announced that it has received its non-life insurance license in Singapore, and named Marc Breuil as regional president, Marcus Portbury as head of third party lines, and Peter McKenna as head of energy and construction casualty, in Asia.

“We are pleased to bring the stability and capacity of BHSI to serve the commercial insurance needs of customers in Singapore,” said Peter Eastwood, president of BHSI. “With Marc, Marcus and Peter spearheading our entry into the local insurance market, we are pairing substantial expertise and local knowledge with our strong balance sheet from day one.”

BHSI is introducing a full range of commercial insurance products in Singapore, including commercial property, casualty, energy & construction, marine, and financial lines.

Breuil comes to BHSI with over 20 years of international insurance experience, including more than a decade in various senior level posts in the Asian market. He was most recently president & CEO of AIG Hong Kong, Macau and Taiwan. He received his maitrise degree in business administration from Dauphine University in Paris, and a master’s degree from Baruch College.

Marcus Portbury has spent more than two decades in the insurance industry at various broking and insurance organizations in Australia, Canada, Singapore, and Hong Kong. He was most recently regional head of casualty, Asia Pacific, for AIG.

Peter McKenna joins BHSI with more than 25 years of experience spanning both casualty claims and underwriting in Australia and Singapore. He was most recently Asia head of casualty at Catlin. Prior to his career in insurance, McKenna served in the Royal Australian Infantry.

Source: Berkshire Hathaway Specialty Insurance

Was this article valuable?

Here are more articles you may enjoy.