Timeline: From Teen to Octogenarian, How Buffett’s Wealth Has Grown May 2, 2016 By Ben Taylor In 2016, it’s easier than ever to play the financial markets. From the explosion of online brokers to the rise...
HomeServices of America Acquires Minnesota’s PCG Agencies March 14, 2016 HomeServices of America Inc., a Berkshire Hathaway affiliate, has acquired Minnesota-based PCG Agencies Inc., a large independent personal insurance agency....
Buffett’s Berkshire Hathaway Cuts Munich Re Stake to 4.6% December 14, 2015 By Noah Buhayar Warren Buffett’s Berkshire Hathaway Inc. further reduced its stake in Munich Re as the billionaire investor re-evaluates the attractiveness of...
Berkshire Unit Prepares to Sell Insurance Direct to Business via Internet December 11, 2015 By Noah Buhayar Berkshire Hathaway Inc. won the top financial-strength rating from A.M. Best Co. for a unit that plans to sell insurance...
Tianjin Port Explosions to Cost Industry at Least $2 Billion: Insurer Filings November 18, 2015 By Sarah Jones Insurer Talanx AG’s $122 million loss from port explosions at Tianjin, one of China’s worst industrial disasters, takes the net...
Berkshire Hathaway Lowers Investment in Goldman Sachs November 16, 2015 By Katherine Chiglinsky and Sonali Basak Warren Buffett’s Berkshire Hathaway Inc. reduced its investment in Goldman Sachs Group Inc. by 13 percent during the third quarter....
Why Australia’s IAG Decided to Halt China Expansion Plans October 16, 2015 By Swati Pandey When Insurance Australia Group, the country’s largest general insurer, announced ambitious plans in June to ramp up its business in...
Update: Buffett Cuts Munich Re Shareholding, Responds to Reinsurance Slump September 29, 2015 By Katherine Chiglinsky and Noah Buhayar Warren Buffett’s Berkshire Hathaway Inc. has cut its stake in Munich Re after lamenting a slump in the reinsurance business....
MedPro Group Finalizes Acquisition of Oklahoma-Based PLICO September 3, 2015 MedPro Group (MedPro), a Berkshire Hathaway subsidiary, has its completed its acquisition of healthcare liability insurer PLICO Inc. (PLICO) from...
A.M. Best: Reinsurance Sector Faces New Reality Shaped by Abundant Capacity September 3, 2015 The reinsurance market is operating in a new reality of abundant capacity from traditional and alternative sources, low interest rates...