Berkshire buys stake in Swiss Re


Berkshire buys stake in Swiss Re

ZURICH, Switzerland?Berkshire Hathaway Inc. has acquired a 3% stake in Swiss Reinsurance Co. and for the next five years will assume a 20% share of the Zurich, Switzerland-based reinsurer?s property/casualty business under a proportional reinsurance contract. The quota-share reinsurance...

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