American International Group Inc. is getting bigger again.

While the identity of Buffetts successor has remained a mystery for years, he has said he wants the next leader to be drawn from the companys ranks, relatively young and unmotivated by ego.

Mother Nature took a toll on Berkshire Hathaway Inc. in the third quarter.

The U.S. government and American International Group Inc. have parted ways again, and for the insurer its the end of a nine-year journey of retrenchment and reinvention.

The U.S. freed the New York-based insurer from enhanced regulation, removing the scarlet letter it wore since the 2008 financial crisis.

The U.S. freed the New York-based insurer from enhanced regulation, removing the scarlet letter it wore since the 2008 financial crisis.

Storms that have pounded Caribbean islands and the coastal U.S. this year are driving up costs for insurers.

Munich Re, the worlds largest reinsurer, said storms led by Hurricanes Harvey and Irma will probably wipe out third-quarter profit and threaten the companys ability to meet its full-year earnings target.