Apollo Is Tired of Writing Checks for the "Stupidity of Others" in Life Reinsurance's Asset Scramble
The CEO called out the scramble into offshore domiciles, like the Caymans.
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Berkshire Notches Wildfire Win, But Earnings Show Long-Term Liability Remains Unresolved
Berkshire Hathaway's first quarter filing reveals $2.9 billion in cumulative wildfire loss accruals at PacifiCorp even after a significant Oregon appellate reversal — leaving a liability architecture that remains in question.