Berkshire Hathaway

Having joined the firm in 2021, Donagh Regan was previously a senior casualty underwriter.

The hire comes as group CUO Alan Telford plans to leave the business next summer.

The appointment follows the recent hire of Pascal Carrer as head of casualty in Switzerland, and David Corrigan as head of property.

Sources said the Houston, Texas-headquartered program manager is now writing business on Sutton National paper.

He joins from Hoerbiger Holding, where he was head of corporate risk and insurance management.

Staffing upheaval continues in the marine class of business, as companies battle to hire and retain talent.

The Omaha conglomerate held its ~2.1% stake in Aon valued at nearly $1.5bn and its interest of over 3% in Markel, worth over $652mn at the end of Q2.

The reinsurance result was boosted by the group’s acquisition of TransRe last year.

BHSI grew to be one of the largest writers of D&O in London during the hard market of 2020 and 2021.

Mark Walker has more than 35 years of insurance experience and joined BHSI in 2019 after over three years at QBE.

The massive line from Warren Buffett’s carrier – previously reported by this publication – supported the insurer’s growing inland portfolio as policies have headed to the state net.

Most forecasters predict below-average activity in the region – but opposing weather phenomena mean uncertainty is higher than usual.