Hi,
CNBC's Buffett Watch reports Berkshire Hathaway's Stock May Be Victim of Reinsurance Pricing Weakness - WSJ . Reports Berkshire Hathaway Ends Year With Biggest Stock Gain Since 1998. Also state that after gaining 28.7% in 2007, may be hurt by a shift away from reinsurance.
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.
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