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Showing results for Great American Insurance Company, Inc., an Ohio corporation
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...Griffin’s stance contrasts starkly with that of Bill Ackman, another high-profile hedge fund manager, who on Monday called for the Federal Deposit Insurance Corporation to “explicitly guarantee all deposits...
...Buffett takes a firmly hands-off approach to Berkshire’s businesses, but makes an exception for insurance, which spans Geico, the National Indemnity Company, and vast reinsurance operations, including Gen...
...Berkshire is the last great American conglomerate, with hundreds of subsidiaries fused with the backbone of the US economy. Its freight trains run over more than 32,000 miles of track....
...AXA Millésimes, the insurance company’s wine division, is far lower-key than Bernard Arnault’s vast LVMH empire, but has its own investment in Outpost on Howell Mountain, east of the valley....
...“Berkshire has become a great company. Though I have long been in charge of the construction crew, Charlie should forever be credited with being the architect.”...
...Katie MartinIs this an American ball sport? Robert Armstrong(Laughter) It is. Your strike zone gets smaller, right?...
...The writer is a former investment banker and author of ‘Power Failure: The Rise and Fall of an American Icon’ How much capital big banks need, or should have, is one of the most hotly debated questions...
...In the final part of a series, the Financial Times examines whether Abel will be able to deliver on Buffett’s promise that Berkshire, America’s last great conglomerate in an age when they have fallen out...
...Cumulatively, Americans have wagered $245bn on sports since 2018. But beneath the boom in online betting is an underbelly of addiction of unknown proportions....
...“The annuity is an insurance policy against outliving one’s assets,” said Brendan Curran, SSGA’s US head of defined contribution....
...Many homeowners are welcoming an upgrade to the Valais town’s ageing infrastructure....
...Travellers, meanwhile, was an insurance company that also had an investment banking arm. SMITH BARNEY: Smith Barney. They make money the old fashioned way....
...What we didn’t like was the shareholder structure, in which buyers of the American depositary shares owned a stake in a Caymans corporation that had indirect exposure in the onshore companies that operate...
...Many also claim that bonds provide insurance against the volatility of “risky” equities....
...Maga Inc, a pro-Trump super Pac, has booked just $6.5mn....
...would be the only American steel company among the world’s top 10 producers....
...He is the author, with Susan Wachter, of The Great American Housing Bubble....
...Might that continue to give Berkshire an edge in the future? I don’t know if Berkshire companies are well governed and managed or not....
...“Even though the FDIC [Federal Deposit Insurance Corporation] limit is $250,000 . . . that is not the way the US is going to behave anymore than they’re going to let the debt ceiling let the world go into...
...Legal risk looks zero sum, at least at the corporation level, since the deal’s reverse termination clause capped Musk’s potential damages at $1bn....
...Yet the US Federal Deposit Insurance Corporation estimates that unrealised losses on American banks’ securities amounted to $515.5bn at the end of March, equivalent to 23 per cent of the banks’ capital....
...On a more serious note, Maureen Tkacik has been doing good work all year on an undercovered and hugely important story: The Great US Healthcare Rollup....
...This is well ahead of the average US savings account rate of 0.37 per cent, according to data from the Federal Deposit Insurance Corporation....
...In 1933, Congress had authorised the Federal Deposit Insurance Corporation, a fund that guaranteed at the time up to $2,500 in deposits....
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