17 March 2014Insurance

Buffett cuts US cat business

Warren Buffett, chairman and chief executive of Berkshire Hathaway has cut most of the company’s catastrophe insurance business in the US, stating a decrease in interest rates as the reason.

Already registered?

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk

More on this story

European reinsurers post stronger Q1 earnings as growth slows: Fitch

HDI Global combined ratio sticks at 91% in Q1

Sompo shares drop by 3% despite record 2025 net income

Carriers fall for FOMO in race to pick up MGA-sourced volumes

Everest shuffles more primary insurance assets to AIG

Cat bonds go toe-to-toe with treaty in TWIA 1/6 reinsurance renewal

Mereo accelerates market expansion with 40-year matured book of business

Other states can learn from Florida: Yaworsky

Buffett cuts US cat business

More on this story

Editor's picks

Editor's picks

More articles