Berkshire Hathaway


Warren Buffett continues to dial back on reinsurance

Warren Buffett has again reduced his investment in the reinsurance industry by cutting his share holdings in the world's largest reinsurer Munich Re, as the ‘Sage of Omaha’ continues to dial back on his firm Berkshire Hathaway's interest in reinsurance underwriting.Much has been written in 2015 about Warren Buffett's opinion read the full article →

Berkshire Hathaway demonstrates flexibility of Buffett model

When the reinsurance market is challenging, competitive and underwriting opportunities seem less attractive so you pull back on premiums underwritten, wouldn't it be nice to still make a decent return on your investments?Reinsurers across the industry are looking at how to become more efficient, how to extract more value out read the full article →

Buffett reduces shareholding in reinsurance firm Munich Re

Warren Buffett's Berkshire Hathaway Inc. and National Indemnity Company have reduced their shareholdings in reinsurance firm Munich Re to 9.7%. Previously, the two firms held around 12% of the share capital of Munich Re.The two companies, directly or indirectly owned by Buffett, have held more than 10% of the shares read the full article →

Berkshire Hathaway copycats will pressure reinsurance pricing: S&P

Warren Buffett had previously bemoaned the fact that reinsurance had become a "fashionable asset class". Now, his own business model is being blamed for creating further pressure on reinsurance prices, as new entrants look to operate with a reduced cost-of-capital.The Berkshire Hathaway reinsurance business model that Warren Buffett has seen read the full article →

S&P questions Berkshire Hathaway re/insurance co’s capital adequacy

Ratings agency Standard & Poor's is questioning the capital adequacy of the insurance and reinsurance companies owned by Warren Buffett's Berkshire Hathaway, due to concerns over the financing of the acquisition of Precision Castparts Corp.Warren Buffett's insurance and reinsurance empire, which he has called the 'engine of growth' for Berkshire read the full article →

Berkshire Hathaway suffers from catastrophe losses

The engine of Warren Buffett's Berkshire Hathaway business stuttered and stalled in the second quarter, as the insurance and reinsurance components which have driven a good deal of the Sage of Omaha's success, were hit by weather and catastrophe losses.Catastrophe I hear you question? But doesn't Warren Buffett hate the read the full article →

Berkshire Hathaway invests in IAG, gets quota share reinsurance deal

Warren Buffett's Berkshire Hathaway has signaled its appetite for Australian and Asian expansion with the signing of a 10 year partnership deal with Australian insurer IAG, involving an equity stake and a 20% quota share reinsurance arrangement.Under the terms of the deal Berkshire Hathaway will make a $500m equity investment read the full article →

Buffett bemoans reinsurance becoming a “fashionable asset class”

Warren Buffett is none too happy that reinsurance has become what he termed a "fashionable asset class", as the fact that investors are increasingly attracted to the space has damaged his insurance and reinsurance businesses returns.At the Berkshire Hathaway annual meeting held this weekend, Buffett discussed the difficulties that even read the full article →

Should Berkshire Hathaway be designated systemically important?

According to reports the Bank of England has written to the U.S. Treasury to ask why the reinsurance business of Warren Buffett's Berkshire Hathaway has been left off the initial list of financial institutions that are deemed systemically important, or too big to fail.It's a good question. At this stage read the full article →

Fosun hails ‘Buffett model’, set to acquire more re/insurance firms

Private-owned global investment and asset management conglomerate, Fosun International Limited’s adoption of Warren Buffett’s reinsurance and investment model is proving to be a success, as the China-based organisation eyes further acquisitions.The Shanghai firm has been taking big steps towards its goal of becoming an “insurance-oriented investment group” since its 80% read the full article →