Berkshire Hathaway Specialty News

Buffett Says Berkshire Would Write Pandemic Insurance. That Is, If the Price Is Right.

The chairman of Berkshire Hathaway said that while his insurance units aren’t heavily exposed to underwriting losses from the COVID-19 pandemic, they would be willing to insure pandemics in the future. “The answer is we insure a lot of things. …

Berkshire Hathaway Re/Insurance Profit Falls 30% in Q3

Berkshire Hathaway reported a 10.5 percent drop in operating profit for its insurance and reinsurance operations during the third quarter, with underwriting income falling 34 percent. While General Re reported an increase in pretax underwriting income of more than $100 …

Berkshire Hathaway to Buy Stake in IAG to Boost Australia Insurance Sales

Warren Buffett’s Berkshire Hathaway Inc. will pay A$500 million ($388 million) for a stake in Insurance Australia Group Ltd. as part of a plan to expand in the region. The agreement will give Berkshire 20 percent of IAG’s insurance premium …

Berkshire Hathaway Specialty Names Execs for New Hong Kong Facility

Berkshire Hathaway Specialty Insurance (BHSI) announced that it has received an insurance license to carry on all classes of General Business in and from Hong Kong and has consequently filled several key positions in its newly established office. Recently appointed …