General Re Corporation · Stamford, CT United States
Company Description
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This link will open in a new window General Re, or Gen Re to its friends, is a subsidiary of Berkshire Hathaway and one of the top four reinsurers in the world. The company's main subsidiary, General Reinsurance, is one of the biggest property & casualty reinsurers in the US. Its second-largest operating company is Germany's Kölnische Rückversicherungs-Gesellschaft (Cologne Re), the world's oldest reinsurer and a major force in international reinsurance. In addition to insurance Gen Re's nearly a dozen subsidiaries offer investment and risk management services to reinsurers and accident and disability case management. Its London market Faraday subsidiary offers reinsurance in the UK while USAU offers aviation and aerospace insurance in the US. To read the full description, subscribe now.
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Key General Re Corporation Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| 2007 Sales (mil.) | $6,076.0 |
| 2007 Employees | 1,900 |
General Re Corporation Executives
46 executives listed for General Re Corporation's Stamford, CT location.
| Title | Name & Bio | Contact |
| Chairman, President, and CEO | Franklin Montross | Network |
| Vice Chairman | Peter Lütke-Bornefeld | Network |
| SVP, CFO, and Director | William Gasdaska | Network |
Competition
Competitive Landscape for General Re Corporation
Demand for health insurance products is driven by the rising costs of medical care. The profitability of individual companies depends on efficient operations and the ability to negotiate favorable contracts with healthcare providers. Large companies and organizations have advantages in negotiating contracts with healthcare providers. Small companies can compete successfully by providing special coverage plans as part of government programs such as Medicaid, or for specialized populations. The industry is highly automated and capital-intensive: annual revenue per employee is close to $1 million. Reforming the US healthcare industry continues to be a top agenda item in Washington, but a consensus on the best way to reduce healthcare spending has yet to be reached. The managed healthcare industry will most certainly be impacted by any changes initiated by federal legislators. To read the full description, subscribe now.Top General Re Corporation Competitors
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