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Browsing: Berkshire Hathaway
Despite predictions of collapse, the property & casualty insurance industry showed strong financial performance in 2024. This article analyzes the results, highlights key developments, and examines potential headwinds in 2025.
Berkshire Hathaway Director Ronald Olson to Retire, Buffett Recommends Against Shareholder Proposals
Longtime Berkshire Hathaway director Ronald Olson will be retiring, as the company’s annual meeting approaches. In related news, Warren Buffett is advising shareholders to vote against various proposals submitted for consideration.
Warren Buffett’s Berkshire Hathaway will see the departure of director Kenneth I. Olson, as the company prepares for its annual shareholder meeting and Buffett expresses his disagreement with several shareholder proposals.
AM Best has affirmed the Financial Strength Rating (FSR) and Long-Term Issuer Credit Ratings (Long-Term ICR) of Berkshire Hathaway Homestate Insurance Company and its affiliates.
Berkshire Hathaway reported a strong fourth quarter in 2024, with significant growth in operating earnings fueled by its insurance businesses. Warren Buffett highlighted the company’s performance and future outlook in his annual letter to shareholders.
Berkshire Hathaway’s operating earnings surged in the fourth quarter, fueled by higher interest rates and a robust performance in its insurance businesses. The company also saw cash reserves reach record levels.
Berkshire Hathaway’s Q4 earnings surged due to higher interest rates and improvements in its insurance business. The surge in operating earnings was reported on February 24, 2025.