What Berkshire Talks About When It Talks About Insurance Paid Members Public
Buffett and Berkshire on Florida exposure, GEICO frustrations and how they were “forced” out of banking and fell into insurance.
Buffett: Float, Not Climate Change or Catastrophes Are Berkshire’s Reinsurance “Worries” Paid Members Public
Warren Buffett is more concerned about global interest rates and the reinsurance industry’s declining float then the possibility of a climate change induced super-catastrophes. “If super-cats become costlier and more frequent, the likely – though far from certain – effect on Berkshire’s insurance business would be to make it larger
Buffett Says Life Reinsurance Mistake Now a “Gem,” Commercial Push Will Become “Major Asset” Paid Members Public
Berkshire Hathaway’s Warren Buffett spent a large portion of his 50th anniversary investor letter [http://www.berkshirehathaway.com/letters/2014ltr.pdf]talking up his vast insurance and reinsurance operations, but called the company’s life reinsurance book and the start-up focused on commercial insurance for a special nod. Buffett