Berkshire Q1 cat losses reach $500mn
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Berkshire Q1 cat losses reach $500mn

10 May 2010
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Warren Buffett-led Berkshire Hathaway suffered catastrophe losses of $500mn in the industry's bruising first quarter.

General Re, one of Berkshire's operating subsidiaries, fell to an overall underwriting loss of $39mn for the period, as the direct reinsurer took a...

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