Warren Buffett spends record $2.2 billion buying Berkshire sharesEven as Buffett ramped up his repurchases, Berkshire's massive pile of cash hovered close to a record.
22 Feb, 2020, 08.14 PM IST
Buffett's 'free' insurance money may be endingBerkshire is likely to report big claims costs during the third quarter at its insurance subsidiaries.
02 Nov, 2017, 08.38 AM IST
ITI Reinsurance gets final Irdai nod to begin operationsLast week, Irdai had granted R3 approvals to five global reinsurers to set up their branches in the country.
30 Dec, 2016, 05.54 PM IST
Buffett is sitting on more cash than ever, sparking speculation what he will buy nextOver the past five decades, he’s built the Omaha, Nebraska-based company into a sprawling conglomerate through dozens of acquisitions and s...
06 Nov, 2016, 11.10 AM IST
Ajit Jain, seen as possible Warren Buffett successor, gets bigger role at BerkshireHis successor has not been named, but will report to Jain, the spokeswoman said. Montross, in contrast, reports to Warren Buffett.
14 Apr, 2016, 11.39 AM IST
India-born Ajit Jain in race for Warren Buffett-led Berkshire Hathaway's successorIn his letter to shareholders, Warren Buffet praised Ajit Jain, who manages the Berkshire Reinsurance Group, for the way he has grown the b...
01 Mar, 2015, 12.02 PM IST
Ajit Jain's mind an 'idea factory', says Warren BuffettBuffett has been consistent in his praise for Indian-origin Jain, one of the key executives at the investor's sprawling Berkshire Hathway b...
03 Mar, 2014, 10.57 AM IST
Warren Buffett’s Berkshire Group pulls out of General Insurance Corporation dealWarren Buffett’s Berkshire Group pulled out of the reinsurance business with GIC after the latter terminated a 3-yr contract without paying...
19 Aug, 2013, 05.26 AM IST
- 'GIC says no loss due to buying cover from Berkshire'
The government on Tuesday said it is examining the way in which the state-owned GIC entered into an arrangement with Berkshire Group of USA...
13 Mar, 2013, 05.54 AM IST
'GIC says no loss due to buying cover from Berkshire'Govt is examining the way in which GIC entered into an arrangement with Berkshire Group and its subsequent cancellation within a short peri...
12 Mar, 2013, 05.45 PM IST
Bow deeply when you see India-origin Ajit Jain: Warren BuffettIndia-origin Jain has long been speculated to be a potential candidate to succeed the octogenarian investor at Berkshire Hathaway.
03 Mar, 2013, 10.58 AM IST
- Ajit Jain added many billion dollars to Berkshire value: Warren Buffett
"From a standing start in 1985, Ajit has created an insurance business with float of $34 bn and significant underwriting profits," Buffett ...
26 Feb, 2012, 12.55 AM IST
- Warren Buffett to meet policyholders in India
Famed American investor Warren Buffett will meet individuals that have bought insurance policies through his Indian venture Berkshireinsura...
14 Mar, 2011, 03.54 PM IST
- $2 mn Buffett dinner may be free for Irda chief J Hari Narayan
Warren Buffett who is visiting India to propagate his charity cause, has sought a meeting with insurance chief, for an unknown agenda.
07 Mar, 2011, 05.30 AM IST
- Jain added 'billions of dollars' value to Berkshire: Buffett
Ajit Jain-- long rumoured contender to succeed Warren Buffett-has been praised by the legendary investor himself for having added “great ma...
28 Feb, 2011, 06.06 AM IST
- Berkshire net income falls 64% because of derivatives
Berkshire Hathaway Inc said on Friday its first-quarter profit fell 64 percent because it recorded an unrealized $1.6 billion pretax loss o...
03 May, 2008, 10.33 AM IST
- Berkshire Hathaway opening bond insurance business
Town governments, school districts and other municipalities looking to borrow money got a new option when trying to insure their bonds: bil...
29 Dec, 2007, 08.00 AM IST