Berkshire Hathaway Names Gen Re's Shamieh as Successor to Ajit Jain

Story Summary
According to a Wall Street Journal report, Berkshire Hathaway has selected Gen Re Chairman Charlie Shamieh to succeed Ajit Jain as chief of its insurance operations upon Jain's expected retirement. Shamieh, who joined Gen Re in 2018, will replace the 74-year-old Jain, who shaped the division's global reinsurance strategy for decades. While Reuters could not immediately verify the announcement, Berkshire Hathaway declined to comment, though Jain remains highly regarded by founder Warren Buffett.


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