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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: Mark   😊 😞
Number: of 15062 
Subject: Re: Barrons, brkb and the insurers,
Date: 01/12/2025 6:58 PM
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Most of the insurer’s contracted liabilities, especially in reinsurance, are limited to a year, pointed out Berkshire’s insurance chief Ajit Jain. Then it can reprice or get out of the business altogether.

I remember a quote from WEB himself a few years ago (10? 15?) about simply not participating in that year's reinsurance market because the numbers didn't look good, that other companies were bidding too low for the business that year.
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