BHSI Introduces New Casualty Insurance Policies for the Swiss Corporate Businesses

In May 2026, Berkshire Hathaway Specialty Insurance (BHSI), the commercial insurance arm of Berkshire Hathaway, recently launched two new casualty insurance products in Switzerland. These offerings include a multinational policy and a domestic policy tailored for large corporations and upper middle market commercial and industrial enterprises operating within the Swiss market.

BHSI Introduces New Casualty Products to Address Emerging Risk

As the risk landscape continues to evolve, Swiss domestic and international companies face increasing challenges. In response, BHSI aims to provide targeted and tailored solutions through these new products, according to Pascal Carrer, Head of Casualty at BHSI Switzerland. The introduction of these casualty products further reinforces the company’s underwriting capabilities in Switzerland, underscoring its commitment to supporting clients with long-term solutions for complex risks.

The global specialty insurance market size is projected to reach a size of USD 139.74 billion by 2025 and is anticipated to grow from USD 154.13 billion in 2026 to approximately USD 362.14 billion by 2035, expanding at a CAGR of 9.99% from 2026 to 2035. Growing cyber threats, climate-related catastrophes, and global trade risks are driving the specialty insurance market.

Industry Impact and Market Outlook

BHSI’s operations in Switzerland also encompass property damage and business interruption insurance, as well as Executive First Directors and Officers (D&O) Liability Insurance for commercial organizations, financial institutions, and investment managers, in addition to multinational insurance programs. The launch of these new casualty policies represents a key advancement in enhancing the company’s product capabilities in Switzerland, reflecting its commitment to providing clients with enduring solutions for complex risks, underpinned by disciplined underwriting and financial strength.

Berkshire Hathaway Specialty Insurance (BHSI) is growing the global market by using advanced technology like distributed ledger platforms and real-time risk tracking in its specialty lines. This digital transformation boosts its growth across Europe, the UK, and Asia, improving efficiency and scalability in the expanding specialty insurance market.