Hi,
CNBC Buffett watch Warren Buffett Takes a Piece of Swiss Re's Future Action report that Berkshire Hathaway Bought 3% of Swiss Re at yesterday.
Swiss Re is the world’s leading and most diversified global reinsurer; Swiss Re offers financial services products that enable risk taking essential to enterprise and progress. The Group’s position as preferred partner in the risk transfer industry is based on value propositions that comprise risk expertise, global reach, scale, diversification, very strong capitalization and resilience over the long term.
Mr. Warren Buffett likes Insurance Company. Berkshire Hathaway Main businesses are Insurance and reinsurance business. Berkshire's insurance businesses provide insurance and reinsurance of property and casualty risks worldwide and also reinsure life, accident and health risks worldwide.
Berkshire Hathaway Insurance Company Includes: GEICO, General Re, Kansas Bankers Surety Company, National Indemnity Company, Wesco Financial Corporation, Applied Underwriters Inc, Medical Protective, Nederlandse Reassurantie Groep, and Berkshire Hathaway Assurance.
For more information please read the following news:
Warren Buffett steps in with Swiss Re deal after reinsurer suffers share price fall
Buffet Buys 3 Percent Stake in Swiss Re
Warren Buffett snaps up 3pc of Swiss Re
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