Deal Struck Between Kemper, Berkshire
The Kemper Insurance Companies last week entered into a “comprehensive strategic relationship” with Berkshire Hathaway, involving investment and reinsurance transactions, the Long Grove, Ill.-based insurance group announced.
According to Kemper, Omaha, Neb.-based Berkshire will make a $125 million equity investment in Kempers commercial insurance operations through a newly-formed stock subsidiary. In addition, Berkshire will participate in several reinsurance agreements with Kemper.
Continue Reading for Free
Register and gain access to:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
