Berkshire’s 14-Year Insurance Win Streak Comes to an End February 26, 2018 By Andrew G. Simpson Warren Buffett’s Berkshire Hathaway’s combination of insurance entities have recorded 14 consecutive years of underwriting profit worth more than $28...
Likely Buffett Successors Abel, Jain Promoted at Berkshire Hathaway January 10, 2018 Berkshire Hathaway Inc. on Wednesday promoted two of its top executives, Gregory Abel and Ajit Jain, cementing their widely viewed...
Berkshire Likely to Report Big Q3 Claims Costs – and Reduced Insurance ‘Float’ November 1, 2017 By Noah Buhayar The insurance business has been good to Warren Buffett. For decades, his stable of carriers at Berkshire Hathaway Inc. have...
Buffett’s Berkshire to Buy 9% Stake in Italian Insurer Cattolica October 6, 2017 By Chiara Remondini and Sonali Basak Warren Buffett is expanding his wager on Italy. The billionaire’s Berkshire Hathaway Inc. said Thursday it agreed to buy about...
Berkshire Hathaway Eyes Buying Stake in IRB Brasil Resseguros: Sources July 26, 2017 By Cristiane Lucchesi, Felipe Marques and Noah Buhayar Berkshire Hathaway Inc., the firm run by billionaire investor Warren Buffett, is in talks to buy a stake in Latin...
Soft Prices May Bring Reinsurer Losses when Typical Cat Levels Return: Execs August 23, 2016 By Oliver Suess and Jan-Henrik Förster It won’t take another Hurricane Katrina for reinsurers to face losses from covering the cost of storms and earthquakes. Competitors...
China’s Fosun Looks at UK, Europe Investments on Brexit Volatility June 29, 2016 By Jason Subler Fosun Group, China’s biggest private conglomerate, will look for more opportunities in the United Kingdom and Europe in the volatile...
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...
CEO Montross to Exit Gen Re at Year’s End; New CEO to Report to Jain, Not Buffett April 13, 2016 By Mark Hollmer General Reinsurance Corp. Chairman and CEO Tad Montross plans to step down by the end of 2016, the Berkshire-Hathaway-owned reinsurer...
Fairfax Financial to Buy 33% Stake in India’s Bangalore Airport for $322 Million March 28, 2016 By Anurag Kotoky Indian airport operator GVK Power & Infrastructure Ltd. said it sold a stake in its Bengaluru aerodrome to Fairfax Financial...