Company Overview of General Re Corporation
General Re Corporation provides reinsurance solutions to the life/health and property/casualty insurance industries in the United States and internationally. It offers life/health reinsurance protection in various lines of business, including critical illness, group long term disability, group life and AD&D, individual disability, individual life, and Medicare supplement. The company also provides a range of property/casualty exposures and coverage, including boiler and machinery/machinery breakdown business interruption; builder's risk/construction all risk/erection all risk; business interruption/loss of profit/time element; commercial property, including mining, oil/petrochemical, semicon...
120 Long Ridge Road
Stamford, CT 06902
Founded in 1980
Key Executives for General Re Corporation
Compensation as of Fiscal Year 2013.
General Re Corporation Key Developments
Gen Re Appoints Keith Brown as Vice President of Risk Management
Feb 11 14
Gen Re has appointed Keith Brown as vice president of risk management and chief life underwriter for individual products for the company's North American life/health operation. He is based in the Stamford, Connecticut office reporting to James (Jim) M. Greenwood, Senior vice president, Individual Products. Before joining Gen Re, Keith was most recently vice president and Chief Underwriter at Western & Southern Financial Group.
General Re Corporation Announces Board Appointments
Sep 16 13
General Re Corporation announced two additions to the General Re Corporation Board -- Sandra Bell, Chief of Global Human Resources and Janice Englesbe, Deputy Chief Risk Officer for the group.
U.S. District Judge Approves Settlement of Shareholder Lawsuit Against General Re Corporation and American International Group, Inc
Sep 12 13
U.S. District Judge approved a settlement that will put an end to a shareholder litigation alleging that General Re Corp. and American International Group Inc. took part in a fraudulent reinsurance transaction. The lawsuit alleged that the Berkshire Hathaway Inc. unit and AIG violated federal securities laws through the deal that helped boost AIG's loss reserves and artificially raised its share price. The $72 million settlement covers claims by AIG shareholders who purchased stock from October 1999 to April 2005. Claims of people who held stock at HSB Group Inc. when AIG acquired it in 2000 are also covered in the settlement. General Re did not admit or deny any wrongdoing as part of the settlement. In June 2012, five former executives of AIG and General Re agreed to admit that they carried out a fraudulent reinsurance transaction.
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