Warren Buffett Warren Buffett, chairman and chief executive officer of Berkshire Hathaway Inc., center, tours the shopping floor ahead of the Berkshire Hathaway annual meeting in Omaha, Nebraska, on Saturday, May 5, 2018. The rules, which require Berkshire to report unrealized gains or losses in equity investments in net income, helped fuel a $1.14 billion loss at Buffett's Berkshire Hathaway Inc. in the first quarter. (Photo: David Williams/Bloomberg)

(Bloomberg) – Warren Buffett said he doesn't want Berkshire Hathaway Inc. being a leader on cyber insurance because neither he nor others in the industry really know the risk.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 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.