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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 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 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.
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By Chad Hemenway, PropertyCasualty360.com |
August 8, 2011
Berkshire Hathaway says it is unlikely that its combined insurance operations will post an underwriting profit this year as the Warren Buffett-led company reports a $7 million second-quarter underwriting loss.
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By Chad Hemenway, PropertyCasualty360.com |
August 1, 2011
The convictions of four former executives at General Reinsurance Corp. and another at American International Group Inc. have been thrown out by a federal appeals court.
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By Susanne Sclafane, PropertyCasualty360.com |
July 1, 2011
The top 25 U.S. reinsurers took down loss reserves related to prior accident years for the third consecutive calendar year in 2010, recording favorable development of nearly $1.7 billion, according to a NU analysis.
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May 16, 2011
Mark your calendars: NU provides highlights of the upcoming Inland Marine Underwriters Association meeting.
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By Mark E. Ruquet, PropertyCasualty360.com |
February 28, 2011
Warren Buffett bemoaned the continued competition of the soft market, making a critical assessment of chief executives who pursue market volume over underwriting profit as Berkshire Hathaway’s insurance business produced a profit of 38 percent.
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By Staff Writer |
April 30, 2010
The Reinsurance Association of America has named Pierre Ozendo, chief executive officer of Swiss Re America, as its board chairman.
