Warren Buffetts Berkshire Hathaway, led by the groups auto-insurance subsidiary Geico, leapt over Allstate in 2012 to become the second-largest P&C insurance group based on net premiums written.
In one of the most anticlimactic announcements of the year, Warren Buffett says the new commercial E&S division of Berkshire Hathaway has commenced operations.
Warren Buffett's Berkshire Hathaway Inc. had its credit rating cut one notch by Standard & Poor's, which cited a new methodology for evaluating insurers and Berkshire's dependence on its insurance business for dividend income.
Berkshire Hathaway says its first-quarter net income rose 49 percent on the strong performance of its insurance businesses, and the company says it has the capacity and desire to write more business.
Analysts at investment banking firm Keefe, Bruyette & Woods recently released their Q1 earnings preview for the P&C industry. Here's an overview of some of the insurance companies they follow.
Berkshire Hathaway Inc, the conglomerate run by billionaire Warren Buffett, on Friday said its third-quarter profit rose as strength in the railroad and utility businesses, as well as investment gains, offset weaker results in the insurance units.