Ajit Jain Archives - Page 3 of 3

Berkshire’s Q3 Buoyed by Investment Gains as Reinsurance Earnings Decline

While overall net income for Berkshire Hathaway more than doubled in the third quarter on the strength of more than $5 billion in investment gains, operating earnings from insurance businesses fell ...

Buffett, Munger on Leadership, Success in Business

The Berkshire Hathaway 2014 Annual Report includes discussions from Chair Warren Buffett and Vice Chair Charlie Munger about leadership and success in the insurance business. Some excerpts follow. ...

Liberty Mutual Punts $3.3B in Liabilities to Berkshire Hathaway Arm

Liberty Mutual Insurance is ceding $3.3 billion in asbestos, environmental and workers compensation liabilities to Berkshire Hathaway subsidiary National Indemnity Company in one of the larger ...

Berkshire Primary Ops Show Double-Digit Profit, Premium Gains in Q1

Berkshire-Hathaway's primary property/casualty operations recorded double-digit gains in premiums and pre-tax earnings in the first quarter, but P/C reinsurance results contributed to a 6.6 percent ...

Speculation on Buffett Successor Heats Up; Jain Among Candidates

Two years ago, Warren Buffett, then 81, announced that the Berkshire Hathaway Inc. board had chosen his successor as chief executive officer. The board, he said, also had two backups, but all three ...

Berkshire E&S Entrance Is No Concern, Berkley Says

Profit-focused executives from strong firms who understand the business of underwriting are welcome to enter the excess and surplus lines segment—and that includes Berkshire Hathaway's Ajit Jain, ...