by AIP Online Bureau | Nov 3, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Insurance underwriting profit fell 69 per cent, dented by rising claims, $565 million of losses from Helene, and a bankruptcy court settlement related to defunct talc supplier Whittaker Clark & Daniels Warren Buffett and Berkshire Hathaway extended their retreat...
by AIP Online Bureau | Sep 13, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Ajait Jain, vice chairman, Berkshire Hathaway Jain’s selling occurred five days after Berkshire’s share price peaked above $727,000, and less than two weeks after its market valuation first topped $1 trillion Ajit Jain, the longtime top insurance executive at Warren...
by AIP Online Bureau | Feb 27, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Berkshire Hathaway has reported net underwriting earnings across its re/insurance operations of $5.4 billion for the full year 2023 compared with a loss a year earlier. Warren Buffett’s Berkshire Hathaway on Saturday posted its second straight record annual operating...
by AIP Online Bureau | May 6, 2023 | International News, Non-Life
Warren Buffett Those results benefited from Geico snapping a six-quarter string of underwriting losses, and a 68% increase in the income Berkshire’s insurance units generate from investments Warren Buffett’s Berkshire Hathaway Inc posted a $35.5 billion...
by AIP Online Bureau | Feb 27, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Warren Buffett, chairman,Berkshire Hathaway Berkshire did spend $11.5 billion in the fourth quarter to buy the insurance company Alleghany. Warren Buffett’s Berkshire Hathaway on Saturday reported its highest-ever annual operating profit, even as foreign currency...
