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Berkshire Hathaway released a brief statement late Tuesday announcing the death of Vice Chair Charlie Munger. "Berkshire Hathaway could not have been built to its present status without Charlie's ...
Even though Berkshire Hathaway's GEICO achieved a 93 first-quarter combined ratio, an enviable result measured against industry peers, the leader of Berkshire's insurance operations said the figure ...
There wasn't a lot of talk about auto insurance at this year's annual meeting of Berkshire Hathaway, but when the subject came up, Warren Buffett acknowledged the continued dominance of one ...
Berkshire Hathaway Chair Warren Buffett and Vice Chair Ajit Jain admit that GEICO ranks behind Progressive in its ability "match rate to risk," but both competitors will soon surpass State Farm and ...
Warren Buffett's Berkshire Hathaway Inc will hold a truncated virtual annual meeting on Saturday where its billionaire chairman will be present but his longtime Vice Chairman Charlie Munger will not. ...
Among the insurance-related highlights of Berkshire Hathaway's annual meeting in Omaha, Neb. was Warren Buffett's answer to a question about succession planning for subsidiaries. "There are no tea ...
An oversupply of capital is one factor making reinsurance less attractive for Warren Buffett these days, the chairman of Berkshire Hathaway said Saturday—making a specific reference to suppliers ...
Insurance operations contributed $5.2 billion to total operating income of $16.6 billion for Berkshire Hathaway in 2014—with the underwriting component of $1.7 billion (after taxes) representing ...
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. ...
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