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Ajit Jain has been a feature at Warren Buffett’s side since he left McKinsey & Co. to join Berkshire Hathaway in 1986, helping to grow the conglomerate’s suite of insurance businesses into a ...
But it's especially notable when executives at Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) make a big move. ... Brought on in 1986 to take over Berkshire's insurance operations, Jain has been ...
Berkshire Hathaway Inc. (/ ˈbɜːrkʃər /) is an American multinational conglomerate holding company headquartered in Omaha, Nebraska. Founded in 1839 as a textile manufacturer, it transitioned into a major conglomerate starting in 1965 under the management of chairman and CEO Warren Buffett and vice chairman Charlie Munger.
Ajit Jain, the vice-chair of Berkshire Hathaway and the head of its insurance operations, cashed out big from the company, selling over half his stake in Warren Buffett's empire.
Berkshire Hathaway Assurance: Insurance 100% December 1, 2007 Berkshire Hathaway Automotive Automotive 90% May 9, 2015 [15] Renamed from Van Tuyl Group: Berkshire Hathaway Energy: Utilities 92% March 26, 1999 Renamed from Mid-American Energy Holdings: BoatUS: Insurance July 27, 2007 Borsheim's Fine Jewelry: Luxury Items 100% 1989 [16] Brooks ...
Board member of. Berkshire Hathaway. Spouse. Tinku Jain (m. 1981) Ajit Jain (born 23 July 1951) is an Indian-American executive who is the Vice Chairman of Insurance Operations for Berkshire Hathaway as of January 10, 2018. [1][2] Ajit Jain is an older cousin of Anshu Jain, who was the former Co-CEO of Deutsche Bank. [3]
Warren Buffett's Berkshire Hathaway (NYSE: BRK.A) ... Berkshire also owns insurance and reinsurance companies, aside from GEICO, outright. During the first half of the year, insurance operations ...
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]