Hints and tips:
...The Trump Organization had approached 30 surety companies — including Allianz, Axa, Berkshire Hathaway, Chubb, Munich Re, Swiss Re and Zurich — via four separate brokers, to no avail, they added....
...utility business Berkshire Hathaway Energy....
...If its insurance business provided more cover and the upcoming season proved tame, Berkshire would reap a multibillion-dollar windfall. The downside?...
...Buffett in recent years has talked about how he shares similar views on capital allocation to Abel, who rose through the company’s utility business and now has oversight over all of its non-insurance operations...
...But Berkshire shareholders and industry executives say Jain’s record — and the critical role of the insurance business — arguably make him the most important person at the company after Buffett....
...(Do this thought experiment: picture a conglomerate controlling the same empire of companies as Berkshire, including in notably unpopular industries such as energy, insurance and banking; can you imagine...
...Berkshire Hathaway’s insurance business after Ajit Jain If insurance is the secret sauce in Berkshire Hathaway’s decades-long growth, Ajit Jain is the cook....
...What is Berkshire doing with Apple? And the guy’s 93 — what happens to Berkshire Hathaway after Warren Buffett?...
...They will also retain access to unfathomably cheap credit thanks to Berkshire’s insurance business, the firepower that makes the company so successful and one of the main reasons investors cite for keeping...
...At the same time, he will have to navigate a board on which two of Buffett’s children, Howard and Susie, as well as executives such as Ajit Jain, who heads Berkshire’s insurance business and has for years...
...His wager is that he can earn higher returns, benefiting policyholders as well as insurers, an approach he says Warren Buffett’s Berkshire Hathaway pioneered....
...Queen and utility behemoth Berkshire Hathaway Energy....
...It was Munger who accidentally revealed that Greg Abel, who had risen through Berkshire’s energy business and is now vice-chair of its sprawling non-insurance unit, would one day succeed the pair....
...In his latest shareholder letter Warren Buffett said his company Berkshire Hathaway, at its size and maturity, should “operate with materially less risk of permanent loss of capital”....
...Berkshire Hathaway’s cash pile surged to a record $157bn in a quarter in which chief executive Warren Buffett continued to sell stakes in publicly traded companies, as the so-called Oracle of Omaha found...
...That list includes Todd Combs and Ted Weschler, who help manage Berkshire’s $319bn stock portfolio, as well as vice-chairs Greg Abel and Ajit Jain, who run its operating businesses and insurance unit, respectively...
...Even as insurers have benefited from sharply rising premiums, increasing “convective” (severe) thunderstorms or hurricanes are making insurance another business facing day-to-day climate risks....
...’s fingerprints are all over Berkshire Hathaway, from some of its most consequential deals — including the purchases of See’s Candies and Israeli metals company Iscar — to the operating principles that guide...
...Berkshire Hathaway, the US business led by the world’s most famous investor, recently reported that its cash stash had swelled to a whopping $157bn....
...Berkshire Hathaway was a net seller of equities (including Apple shares) in the first quarter and its cash pile grew to a new record....
...They said that in their efforts to secure the larger bond they had approached 30 surety companies — including Allianz, Axa, Berkshire Hathaway, Chubb, Munich Re, Swiss Re and Zurich — via four separate brokers...
...Hathaway would make ahead of the market from public state insurance filings....
...The results were buoyed by the company’s core insurance businesses, where underwriting profits climbed 74 per cent to $1.2bn, as well as its large holdings of cash and Treasury bills....
...Berkshire after Buffett: The second part of our series on the company’s future looks at Ajit Jain, the risk “genius” running Berkshire Hathaway’s insurance operations....
...Nuttall said with the new financial structure he hoped KKR would draw an increasing comparison to investment conglomerates such as Berkshire Hathaway and Danaher, where shareholders have focused on the compound...
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