BOSTON & HONG KONG & SINGAPORE & DUBAI, United Arab Emirates–(BUSINESS WIRE)–Berkshire Hathaway Specialty Insurance (BHSI) today announced the appointment of MarcusBOSTON & HONG KONG & SINGAPORE & DUBAI, United Arab Emirates–(BUSINESS WIRE)–Berkshire Hathaway Specialty Insurance (BHSI) today announced the appointment of Marcus

Berkshire Hathaway Specialty Insurance Names Marcus Portbury Regional President, Asia Middle East

2026/03/02 09:16
3 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

BOSTON & HONG KONG & SINGAPORE & DUBAI, United Arab Emirates–(BUSINESS WIRE)–Berkshire Hathaway Specialty Insurance (BHSI) today announced the appointment of Marcus Portbury as Regional President, Asia Middle East (AME). Subject to regulatory approval, Marcus will also be assuming the role of Chief Executive of the Hong Kong Branch. In both roles, Marcus is succeeding Marc Breuil, who is retiring from the company and the insurance industry.

“Marcus has played a pivotal role in growing our business across Asia and the Middle East since our launch in the region, bringing BHSI’s underwriting discipline, financial strength and commitment to excellent service to customers regionwide,” said Peter Eastwood, President and CEO, BHSI. “I look forward to continuing our work together, building on our strong relationships and customer-first philosophy across the region.”

“I also want to express my immense gratitude to Marc Breuil. Under his leadership, BHSI has established a strong, stable portfolio and built a stellar team in Asia and the Middle East. Marc has had an accomplished career in the global insurance industry. I am proud to call him a colleague and friend and wish him all the best in his retirement,” Peter said.

Marcus joined BHSI in 2014 and most recently served as Regional Head of Third-Party Lines, Asia. He has more than three decades of insurance industry experience, including over 20 years in senior leadership roles across Asia. He continues to be based in Hong Kong and can be reached at Marcus.Portbury@bhspecialty.com.

In Asia and the Middle East, BHSI underwrites a full suite of commercial property and casualty insurance coverages as well as multinational and Accident & Health.

Berkshire Hathaway Specialty Insurance Company (incorporated in Nebraska, USA) provides commercial property, casualty, healthcare professional liability, executive and professional lines, transactional liability, surety, marine, travel, programs, accident and health, medical stop loss, homeowners, and multinational insurance. The actual and final terms of coverage for all product lines may vary. In the Asia Middle East region, it underwrites on the paper of Berkshire Hathaway Specialty Insurance Company, which holds financial strength ratings of A++ from AM Best and AA+ from Standard & Poor’s. Based in Boston, Berkshire Hathaway Specialty Insurance has offices in Atlanta, Boston, Chicago, Columbia, Dallas, Houston, Indianapolis, Irvine, Los Angeles, New York, Plymouth Meeting, San Francisco, San Ramon, Seattle, Stevens Point, Adelaide, Auckland, Barcelona, Brisbane, Brussels, Calgary, Cologne, Dubai (Regulated by the Dubai Financial Services Authority), Dublin, Frankfurt, Hamburg, Hong Kong, Kuala Lumpur (Licensed by Labuan FSA as a General Reinsurer – IS2016165), London, Lyon, Macau, Madrid, Manchester, Melbourne, Milan, Munich, Paris, Perth, Singapore, Stockholm, Sydney, Toronto, and Zurich.

Contacts

MEDIA CONTACT
JoAnn Lee / +1 617.936.2937

Market Opportunity
AME Chain Logo
AME Chain Price(AME)
$0.0002696
$0.0002696$0.0002696
-0.03%
USD
AME Chain (AME) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Tags:

You May Also Like

Big U.S. banks cut prime rate to 7.25% after Fed’s interest rate cut

Big U.S. banks cut prime rate to 7.25% after Fed’s interest rate cut

The post Big U.S. banks cut prime rate to 7.25% after Fed’s interest rate cut appeared on BitcoinEthereumNews.com. Big U.S. banks have lowered their prime lending rate to 7.25%, down from 7.50%, after the Federal Reserve announced a 25 basis point rate cut on Wednesday, the first adjustment since December. The change directly affects consumer and business loans across the country. According to Reuters, JPMorgan Chase, Citigroup, Wells Fargo, and Bank of America all implemented the new rate immediately following the Fed’s announcement. The prime rate is what banks charge their most trusted borrowers, usually large companies. But it’s also the base for what everyone else pays; mortgages, small business loans, credit cards, and personal loans. With this cut, borrowing gets slightly cheaper across the board. Inflation still isn’t under control. It’s above the 2% goal, and the impact of President Donald Trump’s tariffs remains uncertain. Fed reacts to rising unemployment concerns Richard Flynn, managing director at Charles Schwab UK, said jobless claims are at their highest in almost four years, despite the Fed originally planning to keep rates unchanged through the summer. “Although the summer began with expectations of holding rates steady, the labor market has shown more signs of weakness than anticipated,” Flynn said. Hiring has slowed because of uncertainty around Trump’s trade policy. Companies are hesitating to add staff, which is why job growth has nearly stalled. As fewer people are hired, spending starts to shrink. And that’s when things start to unravel. That’s what the Fed is trying to get ahead of with this rate cut. The cut also helps banks directly. Lower rates mean more people may qualify for loans again. During the previous rate hikes, lending standards got tighter. Now, with cheaper credit, smaller businesses could get approved again. If well-funded businesses feel confident, they may hire again. That could eventually help the consumer side of the economy bounce back, but that’s…
Share
BitcoinEthereumNews2025/09/18 16:32
MAGA supporters enraged over Cory Booker's call to action in Michigan

MAGA supporters enraged over Cory Booker's call to action in Michigan

Sen. Cory Booker (D-NJ) delivered a passionate speech at the Michigan Democratic Women's Caucus, telling a crowd, "What we need is foot soldiers for our democracy
Share
Rawstory2026/04/22 08:45
Putin Set for State Visit to China This Week

Putin Set for State Visit to China This Week

Putin Set for State Visit to China Amid Rising Global Geopolitical Tensions Vladimir Putin is reportedly expected to make a state visit to China this week, a cl
Share
Hokanews2026/05/16 22:41

No Chart Skills? Still Profit

No Chart Skills? Still ProfitNo Chart Skills? Still Profit

Copy top traders in 3s with auto trading!