Ron Ferguson

📝 Overview

Ron Ferguson served as the Chairman and CEO of General Re at the time of its acquisition by Berkshire Hathaway in 1998.

🏗️ Role at General Re

• Ferguson was a career insurance professional who oversaw General Re’s dominance in the global reinsurance market during the late 20th century.
• He was responsible for maintaining the "fortress" reputation of Gen Re, ensuring that its underwriting standards remained conservative.

🛡️ Relationship with Buffett

• Buffett praised Ferguson for his leadership and for the "burnish" he put on the General Re name.
• Buffett highlighted Ferguson's role in the 1976 rescue of GEICO, noting that Ron was one of the key figures who had the vision to support GEICO when it was most vulnerable.

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• References: 1998 Letter, 1998 Meeting
• Index: index