29 February 2016Insurance

Buffett explains consequences of BH ‘de-emphasising’ cat risk

Warren Buffett, the chairman of Berkshire Hathaway, explained in the company’s annual report covering 2015 that it is including insurance underwriting income in business earnings for the first time because it de-eemphasised catastrophe coverages, meaning its results should be more stable.

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Week Free Trial

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

Insurance
5 November 2026   Asia’s infrastructure boom offers insurers fresh business, but complex projects risk cascading losses and potential gaps after construction. Swiss Re’s Jimmy Lim tells SIRC Today.
Insurance
5 November 2026   Excess capacity and pricing pressure reshape its appetite across key markets.
Insurance
5 November 2026   Brings more than 20 years of experience to its expanding property business.