Volcker on inflation, Parametric insurance, The futility of guidance, Corporate governance reform, Keeping a notebook, Singleton and Teledyne, The pros and cons of cancer screening ...
The ability to accurately estimate loss reserves is a core competency for any well-run insurance company. Progressive provides a useful case study in loss reserving practices ...
Recent bank failures raise questions about how Berkshire Hathaway and other insurers account for fixed maturity investments ...
Bezos Steps Down, Podcast Roundup, Keto Diets, Liberal Arts ...
Intelligent investors should be skeptical when reading about companies that could be the "next Berkshire Hathaway" or executives who resemble a "younger Warren Buffett". The reality is that very few companies have even a remote chance of replicating Berkshire's 20.8 ...
Note to readers: In this series, we suggest worthwhile reading material on a variety of topics, not all of which are directly related to investing. Some of the articles are behind pay walls. However, it is often possible to read ...
"More people should copy us [Berkshire Hathaway]. It's not difficult, but it looks difficult because it's unconventional -- it isn't the way things are normally done." -- Charlie Munger, 2000 Wesco Financial annual meeting Alleghany Corporation is a holding company ...
W R. Berkley Corporation is an insurance holding company operating in a variety of niche markets requiring specialized knowledge regarding a particular territory or product line. The company was founded in 1967 by William R. Berkley who currently serves as ...
RLI is a specialty insurer offering a variety of property and casualty insurance coverages and surety bonds in a number of niche markets. The company was founded in 1965 by Gerald D. Stephens who observed a need for contact lens ...
In a very rare video interview, Ajit Jain sat down with New Delhi Television earlier this week and commented on a variety of subjects including the most important aspect of his job at Berkshire Hathaway: How to intelligently think about ...
According to the latest reports from New Zealand, the death toll from Tuesday's 6.3 magnitude earthquake has reached 113 and is expected to increase further as the grim recovery efforts proceed in the coming days. In terms of financial damage, ...
The Property Casualty Insurers Association of America has released a study of first half 2010 industry results. The report provides some useful data and benchmarks to evaluate overall trends in the industry. Private U.S. property/casualty insurers' net income after taxes ...
According to P&C National Underwriter, the next big California earthquake could occur in the near future. University of California-Irvine and Arizona State University researchers have examined seven hundred years of quake history and found that large quakes are much more ...
P&C National Underwriter has published its annual report listing data for the top 100 individual insurance companies as well as the top 100 insurance groups. Due to improvements in investing results, total policyholder surplus for the companies in the survey ...
The average resident of Tennessee, Kentucky, Missouri, or Arkansas probably does not spend a great deal of time worrying about the potential impact of an earthquake on the New Madrid Fault. After all, the largest quake in the past half ...
France was eliminated from the World Cup today after losing to South Africa. This was welcome news in Omaha given Berkshire Hathaway’s $30 million exposure to a French victory in the World Cup. Warren Buffett discussed the unusual bet in ...
National Underwriter P&C magazine recently reported that the soft insurance market is showing no signs of reversing as abundant capacity combined with diminished demand combines to keep a downward pressure on rates. This is the seventh consecutive year of soft ...
During the hurricane season, the news media often reports forecasted losses even before a storm makes landfall. The same was not true during the epic blizzards that impacted the Mid-Atlantic states earlier this month. While there were a number of ...
P&C National Underwriter magazine has reported that reinsurance pricing was down for the latest January 1 renewal season as global capacity has been restored to levels close to the all-time peak of December 2007. While pricing has softened, underwriting has ...
Insurance underwriters spend much of their time estimating various risks and setting premium rates at a level that will result in acceptable levels of underwriting profitability. One of the fascinating aspects of insurance is that premium rates may not always ...