Berkshire to write 10 percent QS of Marsh energy book
Warren Buffett has displayed his enduring appetite for providing large-scale (re)insurance capacity by agreeing that Berkshire Hathaway will take a 10 percent line across Marsh's entire London energy portfolio.
As revealed by The Insurance Insider today (22 February), the Project Blue facility - which is currently going through the regulatory approval process - will effectively operate as a quota share with automatic approval for risks with up to $2.5bn of aggregate limit, according to market sources.
Applying to the whole...
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