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Berkshire created this government bond insurance company in December 2007 to insure municipal and state bonds. [4] [5] These type bonds are issued by local governments to finance public works projects such as schools, hospitals, roads, and sewer systems.
In March 2011, Berkshire Hathaway made its first foray into the Indian insurance sector with its non-direct subsidiary BerkshireInsurance.com. [102] [103] In 2012, Berkshire acquired Oriental Trading Company , a direct marketing company for novelty items , small toys, and party items for around $500 million.
Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) is a top stock for many long-term investors. It's led by the famed investor Warren Buffett, it owns a diverse mix of businesses, and it's ...
The company is a primarily direct reinsurer and is represented in all major reinsurance markets worldwide through a network of more than 40 offices. Gen Re is a wholly owned subsidiary of Berkshire Hathaway Inc. Financial strength ratings of Gen Re's reinsurance operations: A.M. Best: A++ (Superior) [2]
Looking at where the company made its money in insurance Continue reading...
Berkshire Hathaway on Saturday reported a big rise in operating earnings in the fourth quarter, thanks to huge gains in its insurance business, while its cash pile expanded to record levels.. The ...
This page was last edited on 2 April 2019, at 15:47 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may ...
Berkshire reported second-quarter adjusted earnings per A-class share of $7,301 beating consensus analyst expectations of $3,387. Insurance Business Drives Berkshire Hathaway Inc. (BRK.B) Earnings ...
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