Gen Re is a leading property/casualty and life/health reinsurance company and is owned by Berkshire Hathaway Inc. General Reinsurance Corporation’s history began in 1921 when two Norwegian companies, Norwegian Globe and Norwegian Assurance, merged and took the name General Casualty and Surety Reinsurance Corporation. In 1923, American investors acquired the company and changed the name to General Reinsurance Corporation. In 1929, General Reinsurance affirmed that it would be only a direct reinsurer. In 1954, the company created the first professional casualty facultative reinsurance... department. Property facultative followed, beginning in 1956. North America branch offices were opened during this time. In the 1950s, General Reinsurance began writing reinsurance internationally, expanding in this area during the 1960s and 1970s. In 1980, General Re Corporation, the parent holding company, was listed on the New York Stock Exchange. In 1994, General Reinsurance Corporation formed an alliance with what was then Cologne Re , now General Reinsurance AG.
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