Rochester, NY 8/25/2009 9:32:46 PM
Berkshire Hathaway Inc. BRK-A, Warren Buffett's Berkshire Hathaway is more interested to Insure
Berkshire Hathaway Inc. BRK-A
Warren Buffett wrote in Berkshire Hathaway's in the report of second quarter the earnings of the company is now more willing to take on "large catastrophe risks” from disaster such as typhoons and hurricanes. but according to the daily report of Wall Street Journal, much cost of energy companies that large insurers.
Berkshire's net worth grew 11.4 percent in the second quarter, Buffett's increased appetite for insurance risk. But the company report noted that to date rates have not warranted such writing."
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