Author Topic: Berkshire will write less catastrophe insurance this year  (Read 2059 times)

Hoodlum

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Berkshire will write less catastrophe insurance this year
« on: March 09, 2009, 06:54:02 AM »
An interesting comment from this morning's CNBC interview. 


http://news.yahoo.com/s/nm/20090309/bs_nm/us_buffett_3

He said Berkshire will write less catastrophe insurance this year after investing roughly one-third of its available cash in high-yield securities issued by General Electric Co, Goldman Sachs Group Inc and other companies.