Ajit Jain, Seen as Possible Buffett Successor, Gets Bigger Role

  • Montross will retire by the end of this year, Gen Re says
  • Unit generates about $6 billion in annual policy sales

Ajit Jain, long considered a top candidate to replace billionaire Warren Buffett as chief executive officer of Berkshire Hathaway Inc., is expanding his oversight of the company’s insurance operations.

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