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24 February 2025Reinsurance

Buffett questions rate adequacy as re/insurance units hit the brakes

Berkshire Hathaway chair Warren Buffett (pictured) waded into the question of re/insurance pricing adequacy in his annual letter to shareholders, a missive usually devoted to investments, just as his primary insurance slashed growth and the reinsurance unit swung to an outright contraction to end 2024.

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