Berkshire Hathaway Inc.s specialty insurance business said its latest push is into backing construction projects. Geoff Delisio, 47, was hired from Zurich Insurance Group AG as a senior vice president for surety, Berkshire Hathaway Specialty Insurance said in a statement.
Travelers Cos., the lone property insurer in the Dow Jones Industrial Average, promoted Alan Schnitzer to chief executive officer of the newly created business and international insurance segment.
Tower Group International Ltd., the insurer that agreed to be bought by ACP Re Ltd. amid a stock plunge, hired Greenhill & Co. to provide advice on repaying debt if the takeover collapses.