Berkshire Hathaway discloses $587mn 2010 cat bill and holds back on capacity
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Berkshire Hathaway discloses $587mn 2010 cat bill and holds back on capacity

Berkshire Hathaway has revealed nearly $600mn of losses from the heavy toll of cat events for the first half of 2010, while continuing to rein in its reinsurance capacity because of poor pricing.

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