Buffett’s Berkshire Hathaway reinsures variable annuity risks, bets against longevity
5th February 2013Making the news today is another large and interesting reinsurance transaction involving Warren Buffett’s Berkshire Hathaway Inc. which sees the firm taking on variable annuity risks and as a result assume some exposure to mortality and longevity risks. In a reinsurance deal worth $2.2 billion, Berkshire Hathaway will reinsure the risks associated with $4 billion of […]
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