Hints and tips:
Related Special Reports
...He directed the proceeds from the stock sales, as well as the cash flows Berkshire’s many businesses generated, into cash and Treasury bills....
...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....
...Leading the charge is Bill Ackman, the Harvard alumnus and hedge fund billionaire who after abandoning the use of aggressive campaigns at his Pershing Square Capital Management has been invoking his flair...
...Envision is fighting the lawsuit, and counters it is the victim of a long-running campaign by UnitedHealthcare to avoid paying legitimate medical bills....
...“We are going to have a ‘world is not flat’ moment, when asset managers are going to realise we are not prepared to help people draw down,” said Bill Meyer, CEO of Retiree Inc, a retirement planning software...
...With a recent cancer diagnosis, Dixon feared that she would lose her health insurance if she lost her job....
...Meanwhile, interest income on Berkshire’s $147bn cash and Treasury bill portfolio is on track to top $5bn this year....
...But David realises he is one of the “lucky ones”: his health insurance covered the $18,000 cost of his three-week stint at Williamsville....
...“We keep our money in cash and Treasury bills at Berkshire . . . because we want to be there if the banking system even temporarily gets stalled,” he said. “I don’t think it will, but it could.”...
...Maga Inc, a pro-Trump super Pac, has booked just $6.5mn....
...It forecasts that it will then fall back again next year as measures to help households with bills during the energy crisis are phased out....
...“The ETF provides some diversification with a mix of large-cap banks, insurance companies and capital market firms,” he said. “There are investors out there buying the banks,” said Chedid....
...Under the microscope Apollo’s bold bet on insurance has made it the envy of the private equity world. But it has also invited more scrutiny, Bloomberg reports....
...The US government has now mandated Medicare, the health insurance system for over-64s, to start negotiating prices with companies later this year, with caps from 2026....
...Unlike typical sovereign wealth funds created when countries have budget surpluses, the original bill enlisted pension funds — the Government Service Insurance System and the Social Security System — to...
...“A lot of candidates who would take the job want Bill and David to step off the board.”...
...On the other will be a health insurance giant. A couple of decades ago, that fight would’ve been totally uneven. Most ER medics were employed by co-operatives run by the doctors themselves....
...Buffett and Munger have long been able to stomach large losses in its insurance division because of the sizeable “float” — insurance premiums it collects before it must ultimately pay claims on obligations...
...Insurance cover has been increased to $3mn, and now includes things such as hosts’ parked cars, or boats, at the property....
...Individuals need 35 years’ worth of national insurance credits to get the full amount of state pension....
...One, by offering sellers certainty of transaction, it sells something like home sale insurance, which translates to better purchase prices....
...to kill the bill....
...Greensill pushed the boundaries by also lending against hypothetical future bills, a risky practice that contributed to the finance group’s downfall....
...Berkshire drew down a sizeable portion of its cash pile to execute those trades, with the value of its holdings of cash and Treasury bills falling to $106bn, its lowest level since 2018....
...But as the energy and insurance sectors have outperformed in 2022, Berkshire has beaten the market soundly....
International Edition