CNA Financial Corp last week (31 August) completed its transfer of asbestos and environmental pollution liabilities to Berkshire Hathaway - a deal that provides it with up to $4bn of long-tail adverse development cover.
CNA Financial Corp last week (31 August) completed its transfer of asbestos and environmental pollution liabilities to Berkshire Hathaway - a deal that provides it with up to $4bn of long-tail adverse development cover.