Berkshire Hathaway News
Berkshire Hathaway Removes Diversity and Inclusion From Annual Report
Warren Buffett's Berkshire Hathaway on Saturday joined a growing list of American companies to publicly change their approach to discussing their commitment to diversity and ...
Polished Gem GEICO Fuels Berkshire Hathaway Operating Gains
The work that GEICO's CEO has done to "repolish" Berkshire Hathaway's "long-held gem" got a special shout-out in Berkshire Chair Warren Buffett's 2024 annual report to shareholders this weekend. ...
Berkshire Shareholder Seeks Committee to Oversee AI at Buffett’s Company
A Berkshire Hathaway shareholder wants a committee of independent directors to oversee risks associated with artificial intelligence at the dozens of companies in Warren Buffett's conglomerate. ...
Berkshire’s GEICO Turns in Strong Q3 but Overall Insurance UW Income Slips
Third-quarter underwriting income with Berkshire Hathaway's insurance units fell about $1.7 billion to $750 million due to estimated losses of about $565 million from Hurricane Helene and increases ...
Buffett’s Insurance Leader Ajit Jain Sells Large Part of Berkshire Stake
Ajit Jain, the longtime top insurance executive at Warren Buffett's Berkshire Hathaway, sold more than half of his Class A shares in the conglomerate last week. According to a Wednesday night ...
Buffett’s Berkshire Tops $1 Trillion in Market Value
Berkshire Hathaway Inc. became the first U.S. company outside of the tech sector to surpass $1 trillion in market value. Shares of Warren Buffett's conglomerate rose 0.9 percent on Wednesday to push ...
Berkshire Halves Apple Stake, Boosts Cash to $277 Billion as It Gets ‘Defensive’
Warren Buffett appears to have soured on stocks, letting cash at Berkshire Hathaway soar to nearly $277 billion and selling about half its stake in Apple, even as the conglomerate posted a record ...
Liability Reinsurance Crisis Could Be Looming, CEO Says
"There could be a liability crisis in reinsurance in a couple of years," a reinsurance executive predicted this week. Ken Brandt, chair, president and chief executive officer of TransRe, offered the ...
Questionable Loss Reserves: Are Legacy Reinsurance Deals the Answer?
Twenty years ago, an insurance carrier's use of reinsurance products like loss portfolio transfers and adverse development covers waved a red flag, signaling potential ...