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Berkshire Hathaway Assurance: Insurance 100% 2007/12/01 Berkshire Hathaway Automotive Automotive 90% 2015/05/09 [15] Renamed from Van Tuyl Group: Berkshire Hathaway Energy: Utilities 92% 1999/03/26 Renamed from Mid-American Energy Holdings: BoatUS: Insurance 2007/07/27 Borsheim's Fine Jewelry: Luxury Items 100% 1989/01/01 [16] Brooks Sports ...
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 .
Berkshire Hathaway initially focused on acquiring cash-rich insurance companies, and it now owns major insurers like GEICO, Gen Re, and Alleghany. Its wholly owned insurance underwriting and ...
The company is a primarily direct reinsurer and is represented in all major reinsurance markets worldwide through a network of more than 40 offices. Gen Re is a wholly owned subsidiary of Berkshire Hathaway Inc. Financial strength ratings of Gen Re's reinsurance operations: A.M. Best: A++ (Superior) [2]
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.
Berkshire Hathaway is one of the market’s blue chip stocks and has a long history of outperformance. The company’s insurance operation powers a lot of what Berkshire does, and Warren Buffett ...
GEICO is a wholly owned subsidiary of Berkshire Hathaway, which provides coverage for more than 24 million motor vehicles owned by more than 15 million policy holders as of 2017. GEICO writes private passenger automobile insurance in all 50 U.S. states and the District of Columbia. The insurance agency sells policies through local agents ...
Warren Buffett. Warren Edward Buffett ( / ˈbʌfɪt / BUF-it; born August 30, 1930) [2] is an American businessman, investor, and philanthropist who currently serves as the chairman and CEO of Berkshire Hathaway. As a result of his investment success, Buffett is one of the best-known investors in the world. As of June 2024, he had a net worth ...