Warren Buffett: U.S. catastrophe rates too low for Berkshire Hathaway

Warren Buffett, chairman of diversified investment, insurance and reinsurance firm Berkshire Hathaway, said yesterday that his firm has pulled back from U.S. catastrophe reinsurance business as the rates are no longer attractive. Warren Buffett …

Warren Buffett: U.S. catastrophe rates too low for Berkshire Hathaway

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