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Berkshire Hathaway’s aversion to risk transfer could hit Alleghany reinsurers
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Berkshire Hathaway’s aversion to risk transfer could hit Alleghany reinsurers

Liz Bury, 
Ben Wylie
22 March 2022
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Alleghany Berkshire Hathaway logo nyc.jpg

Berkshire Hathaway’s swoop to buy Alleghany could hit reinsurers of the target’s P&C business depending how far the acquirer goes in imposing its own lack of appetite for risk transfer.

While the deal announcement said Alleghany would continue operating as an independent subsidiary of Berkshire Hathaway after close, Berkshire’s own scant appetite for reinsurance, and the fact that Alleghany’s subsidiaries would become part of a far larger capital base,...

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