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By Chad Hemenway, PropertyCasualty360.com |
May 7, 2012
Warren Buffett’s Berkshire Hathaway more than doubled first-quarter net income as its insurance businesses turned in a net-underwriting profit of $54 million compared to a loss of $821 million a year ago.
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By Shawn Moynihan, PropertyCasualty360.com |
April 5, 2012
Emerging markets such as Brazil, China and India present great opportunity for insurers looking to expand their top-line growth, if not profitable growth.
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By Mark E. Ruquet, PropertyCasualty360.com |
April 3, 2012
Despite the heavy claim activity experienced in 2011, reinsurers are breathing a sigh of relief as early results for the year come in, especially in the United States where Berkshire Hathaway buoyed overall results for last year, reports suggest.
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By Chad Hemenway, PropertyCasualty360.com |
March 15, 2012
Until another significant event occurs to take a large bite out of industry capital or underwriting capacity, a true hard market will remain elusive, says Fitch Ratings.
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By Josh Funk, AP Business Writer |
March 14, 2012
A group of Berkshire Hathaway investors from the AFL-CIO wants to require the company to reveal Warren Buffett's successor.
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By Chad Hemenway, PropertyCasualty360.com |
March 7, 2012
Allied World Assurance Co. Holdings says David Bell, chief operating officer, is leaving the company to pursue other interests in Montana. The news comes a day after Alleghany Corp. and Transatlantic Holdings Inc. announced the closing of their merger deal.
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By Chad Hemenway, PropertyCasualty360.com |
March 1, 2012
Berkshire Hathaway’s insurance group reported a 30.5 percent drop in pre-tax earnings in 2011, driven mainly by $2.6 billion in pre-tax losses from catastrophe events.
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By Mark E. Ruquet |
March 1, 2012
Despite the challenges posed by a year of extraordinary catastrophes, Swiss Re says its 2011 net income increased by more than $1.7 billion thanks in part to a reserve release of $1.3 billion.
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By Chad Hemenway, PropertyCasualty360.com |
February 27, 2012
Read what Warren Buffett, chief executive officer of Berkshire Hathaway, has to say about his successor, his company’s insurance operations, the economy, and a newspaper-throwing challenge.
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By Chad Hemenway, PropertyCasualty360.com |
February 27, 2012
Berkshire Hathaway’s insurance group reported a 30.5 percent drop in pre-tax earnings in 2011, driven mainly by $2.6 billion in pre-tax losses from catastrophe events.