Light Cat Quarters Power Allianz, Swiss Re But Investors Worry About Cycle Impact
With benign cat activity lifting near-term earnings, Allianz and Swiss Re focused their energy on strengthening reserves rather than top-line growth.
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Berkshire's Abel Says Energy Holdings Can't Be a "Deep Pocket" For Growing Wildfire Risk
In his first shareholder letter, Berkshire CEO Greg Abel draws a firm line on wildfire liability for energy holdings, even as Berkshire's own insurance operations absorbed nearly $1.8 billion in underwriting losses tied in part to the 2025 Los Angeles fires.
