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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: rnam   😊 😞
Number: of 15062 
Subject: Active hurricane season will buoy pricing
Date: 06/29/2024 9:51 PM
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This year's North Atlantic hurricane season is anticipated to be highly active, potentially bolstering pricing across various lines of property-casualty insurance and reinsurance, thereby catalyzing certain underwriters' stocks, CFRA wrote in a recent note.

As such, analyst Catherine Seifert said, "we think the most prudent way to leverage the still-firm insurance pricing environment is to acquire shares of reinsurers and insurers with limited or manageable catastrophe and/or hurricane exposure," including Berkshire Hathaway (NYSE:BRK.B) (NYSE:BRK.A), American International Group (NYSE:AIG), Progressive (NYSE:PGR) and Arch Capital Group (NASDAQ:ACGL).

CFRA's Seifert pointed out that the dynamic of an above-normal hurricane season buoying pricing for numerous P&C insurance lines has been pervasive for years, according to commercial property pricing trends.

https://seekingalpha.com/news/4119678-berkshire-ai...

Keep some cash ready to pounce if BRK stock falls when hurricanes come ashore.
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