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Berkshire’s cash soars to $325 billion, Buffett sells Apple, Bank of America

Berkshire’s cash soars to $325 billion, Buffett sells Apple, Bank of America

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...

Hurricane Milton could cost insurers up to $100 billion, analysts say

by AIP Online Bureau | Oct 9, 2024 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

The Category 5 hurricane is due to make landfall on the Gulf Coast of Florida late on Wednesday or early Thursday, and is potentially one of the most destructive ever to hit the region, which is still recovering from devastation caused by Hurricane Helene less than...

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