Buffett’s Berkshire Cash Hits $382 Billion, Earnings Soar November 3, 2025 By Alexandre Rajbhandari Berkshire Hathaway Inc.’s cash pile soared to $381.7 billion in the third quarter, a fresh record, and operating earnings surged...
Melissa Jamaica Damage Seen Costing Insurers Up to $3 Billion October 31, 2025 By Alexandre Rajbhandari The wreckage caused by Hurricane Melissa in Jamaica is expected to cost insurers $1 billion to $3 billion, according to...
Tokio Marine Weighs More Than $10 Billion of International M&A October 9, 2025 By Alexandre Rajbhandari Tokio Marine Holdings Inc., Japan’s top property and casualty insurer, could spend more than $10 billion on acquisitions to boost...
US Property Insurance Costs Hit New High as Disasters Worsen September 9, 2025 By Alexandre Rajbhandari The cost of property insurance in the US rose to an all time-high in the first half of the year,...
Brookfield’s Insurer Trims Private Credit, Citing Crowded Trade June 19, 2025 By Alexandre Rajbhandari Brookfield Corp.’s insurance unit has pulled back from investments in private credit as surging demand from rival bidders pushes yields...
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...