Berkshire Hathaway now holds a 3.03 percent stake in the reinsurance company. Swiss Re has also entered into a reinsurance contract with Berkshire Hathaway, under which the U.S. vehicle will assume a 20 percent share of all Swiss Re’s property and casualty (P&C) business for the next five years.

Subscribe to The China Post and save.  Click hereSharePrintEmail

Write a Comment

Enter your comments - 800 characters max

Receive China Post promos

Respond to this email