Buffett to Step Down Following Six-Decade Run Atop Berkshire May 4, 2025 By Alexandre Rajbhandari and Katherine Chiglinsky Warren Buffett, who built Berkshire Hathaway Inc. into a business valued at more than $1.16 trillion and himself into a...
Buffett Says Comments Attributed to Him on X, TikTok ‘All False’ April 8, 2025 By Alexandre Rajbhandari Berkshire Hathaway Inc. said Friday that all reports circulating on social media sites including X, TikTok and Facebook “regarding comments...
Cayman Islands Builds $74 Billion Insurance Hub That Irks Apollo Global Management April 3, 2025 By Alexandre Rajbhandari The small crowd in pastel polo shirts and sunglasses boarded the catamaran for an afternoon cruise on the Caribbean’s sapphire...
Ex-AIG Chief Duperreault Secures $700M for Mereo Reinsurance Startup February 11, 2025 By Alexandre Rajbhandari Mereo Advisors, a Bermuda-based firm chaired by former American International Group Inc. Chief Executive Officer Brian Duperreault, has secured more...
Update: LA Wildfire Insurance-Loss Estimates Approach $40 Billion January 14, 2025 By Alexandre Rajbhandari The cost of wildfires ravaging swaths of Los Angeles keeps rising, with new estimates of the total losses for the...
New York Considers Making Property Insurers Cover Taxi Claims Losses December 12, 2024 By Natalie Lung and Alexandre Rajbhandari New York is considering asking property and casualty insurers to cover the claims of insolvent taxi insurer American Transit Insurance...
US Property Insurance Rates Fall for First Time Since 2017 September 17, 2024 By Alexandre Rajbhandari US property insurance rates are decreasing for the first time in almost seven years, after insurers returned to profitability amid...
Reinsurer SCOR’s Recovery Clouded by First Quarterly Loss Since 2022 July 30, 2024 By Alexandre Rajbhandari SCOR SE Chief Executive Officer Thierry Leger said he’s taking over control of the company’s life and health unit after...
AXA Plans Cyber Risk Prevention Campaign Ahead of Paris Olympics April 3, 2024 By Alexandre Rajbhandari AXA SA is planning a campaign to help prevent cyberattacks targeting France in the run-up to the Paris Olympics next...
BNP Paribas Considers Buying Fosun’s Ageas Stake March 15, 2024 By Jan-Henrik Förster, Alexandre Rajbhandari, Manuel Baigorri and Pamela Barbaglia BNP Paribas SA is considering a potential acquisition of Fosun International Ltd.’s stake in Belgian insurer Ageas, according to people...