Berkshire keeps foot on reinsurance brake; Q1 cat losses reach $500mn
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Berkshire keeps foot on reinsurance brake; Q1 cat losses reach $500mn

In the week that Berkshire Hathaway's Charlie Munger remarked: "I would not bet the farm on price increases...it's so easy to under-price and under-reserve", evidence came of the investment giant's limited appetite for reinsurance business.

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