Berkshire Hathaway
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The Australian carrier’s cover was boosted by quota shares with European reinsurers.
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Warren Buffett-led firm’s reinsurance group swung to a $297mn gain as Geico soared. -
Shares in Warren Buffett's company soar after repurchase rules are loosened.
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Shares in Warren Buffett's company rise sharply on the prospect of more stock repurchases.
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The ratings firm said the survival ratio last year improved slightly to 7.8x.
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Insurers told they should “pass along” any federal tax savings as rate cuts.
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Energy executive Abel is widely considered a potential successor to Warren Buffett.
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CalFire pins blame for 12 Wine Country fires on trees falling into PG&E power lines.
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Mark Lingafelter will become Australia president at the business.
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The Warren Buffett-led carrier takes the position after collecting $10.2bn in premiums from its AIG transaction.
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Regulators find state law may have been broken on separating trees and power lines.
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A multitude of factors led to the aggregate 94.8 percent combined ratio reached in Q1.
