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Berkshire Hathaway Inc. (/ ˈbɜːrkʃər /) is an American multinational conglomerate holding company headquartered in Omaha, Nebraska. Founded in 1839 as a textile manufacturer, it transitioned into a major conglomerate starting in 1965 under the management of chairman and CEO Warren Buffett and vice chairman Charlie Munger.
To his point, Berkshire’s insurance operations accounted for $83.4 billion, or around 23%, of its $364.4 billion in revenue in 2023—and more like a third of its earnings.
Berkshire Hathaway Assurance: Insurance 100% December 1, 2007 Berkshire Hathaway Automotive Automotive 90% May 9, 2015 [15] Renamed from Van Tuyl Group: Berkshire Hathaway Energy: Utilities 92% March 26, 1999 Renamed from Mid-American Energy Holdings: BoatUS: Insurance July 27, 2007 Borsheim's Fine Jewelry: Luxury Items 100% 1989 [16] Brooks ...
One of Berkshire Hathaway's (NYSE: BRK.A) (NYSE: BRK.B) newest stock investments is insurance giant Chubb (NYSE: CB).In this video, Fool.com contributors Matt Frankel and Tyler Crowe discuss why ...
Board member of. Berkshire Hathaway. Spouse. Tinku Jain (m. 1981) Ajit Jain (born 23 July 1951) is an Indian-American executive who is the Vice Chairman of Insurance Operations for Berkshire Hathaway as of January 10, 2018. [1][2] Ajit Jain is an older cousin of Anshu Jain, who was the former Co-CEO of Deutsche Bank. [3]
But it's especially notable when executives at Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) make a big move. ... Brought on in 1986 to take over Berkshire's insurance operations, Jain has been ...
People's Insurance Company of China China: 84.5 10 Assicurazioni Generali Italy: 80.3 11 Humana United States: 79.8 12 Berkshire Hathaway United States: 71.6 13 State Farm United States: 71.1 14 Munich Re Germany: 64.7 15 CVS Health United States: 62.2 16 Life Insurance Corporation India: 56.6 17 China Pacific Insurance Company China: 53.7 18
Right now, Berkshire's cash hoard of $277 billion is at an all-time high. This comes at a time when Buffett continues to buy back Berkshire stock, which trades at a slight discount to Chubb on a ...
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