Berkshire’s Jain Taps ‘Secret Weapon’ Raiguel to Run Gen Re

  • Executive is ‘high-energy’ and ‘collegial,’ Jain says in memo
  • Raiguel replaces Gen Re CEO Tad Montross, who is retiring

Warren Buffett’s Berkshire Hathaway Inc. promoted longtime reinsurance executive Kara Raiguel to run the company’s Gen Re unit, which has struggled to expand amid increased competition.

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