As property and casualty (re)insurance remains central to Berkshire Hathaway’s operations, Warren Buffett said that the conglomerate is “not deterred by the dramatic and growing loss payments” sustained by the group’s business activities.
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It's our job to contest ‘runaway’ verdicts, spurious litigation: Buffett
Berkshire Hathaway’s "float" rose to $171bn in 2024 from $169bn in 2023 as Buffett praised Geico’s Todd Combs.