GEICO Put a Dent in Berkshire Hathaway Results for Q2 August 9, 2021 By Mark Hollmer Berkshire Hathaway’s insurance division produced a mixed performance during the 2021 second quarter. Rate increases generally carried the day, though...
Update: India’s Digital Payments Startup Paytm Seeks to Raise $2.23 Billion in IPO July 16, 2021 By Vishwadha Chander and Chris Thomas BENGALURU – Indian digital payments leader Paytm, which counts Ant Group and Softbank among its backers, is seeking regulatory approval...
Berkshire Hathaway Looks to Be Buying Back More of Its Own Stock June 25, 2021 By Jonathan Stempel Warren Buffett’s Berkshire Hathaway Inc. appears to have extended its drive to repurchase its own stock, even with its share...
8 Reinsurers Provide $897M Cover for Lloyd’s Central Fund with Aon as Placing Broker June 21, 2021 Lloyd’s announced the marketplace has secured a five-year £650 million ($897 million) reinsurance cover for its Central Fund—a move that...
Feds Inspected Illinois Chemical Plant Weeks Before Explosion, Fires June 16, 2021 A northern Illinois chemical plant that was rocked by an explosion and massive fires that prompted evacuations was inspected by...
Buffett’s Berkshire Hathaway Takes Big Stake in Aon May 17, 2021 By Jonathan Stempel Berkshire Hathaway Inc. said on Monday it has taken a $943 million stake in insurance brokerage Aon Plc and sold...
Buffett Extols U.S. Economic Recovery, Laments SPACs, Shrugs Off Tax Hike May 3, 2021 By Jonathan Stempel and John McCrank Warren Buffett said on Saturday that Berkshire Hathaway Inc. is being lifted by a U.S. economy faring far better than...
In His Own Words: Q&A with Applied Underwriters’ Menzies on Buffet, California and ‘Pumping Entrepreneurial Power’ May 3, 2021 By Andrew G. Simpson Steve Menzies, founder and chairman of Applied Underwriters Inc., is a busy man. Since he reacquired his company from Warren...
Berkshire Hathaway Discloses $499M Investment in Marsh & McLennan February 17, 2021 By Jonathan Stempel Warren Buffett’s Berkshire Hathaway Inc. on Tuesday announced two major new investments, revealing an $8.6 billion stake in the phone...
Amazon, Berkshire, JPMorgan Closing Down Joint Healthcare Venture January 4, 2021 By Manas Mishra The healthcare joint venture of Amazon.com Inc., Berkshire Hathaway Inc. and JPMorgan Chase & Co., will cease to exist at...