Performance
Investors Pepper Warren Buffett With Tough Questions
Warren Buffett on Saturday defended his recent controversial vote on executive pay at Coca-Cola Co and disappointing performance at railroad BNSF, as investors grilled him on his Berkshire Hathaway ...
Berkshire Primary Ops Show Double-Digit Profit, Premium Gains in Q1
Berkshire-Hathaway's primary property/casualty operations recorded double-digit gains in premiums and pre-tax earnings in the first quarter, but P/C reinsurance results contributed to a 6.6 percent ...
Allianz to Face Shareholder Pressure Over Pimco Performance
Allianz shareholders will publicly press its top executives next week to address the underperformance of its Pimco fund management unit in the hope that the German insurer will look more closely at ...
XL Group’s McGavick: Life Re Biz Sale Took Years of Planning
XL Group concluded its 2014 first quarter with some encouraging results. But it seemed like all CEO Mike McGavick wanted to talk about at first, during the company's May 2 earnings call, was the ...
Berkshire Hathaway Delivers In a Weaker Stock Market
A ho-hum stock market so far this year may be just what Berkshire Hathaway shareholders needed. As they gather this week at the sprawling conglomerate's annual meeting in Omaha, Nebraska, and rub ...
Are Bermuda Reinsurers Doomed to Be Middlemen?
In a report on the Bermuda reinsurance market released Tuesday, Standard & Poor's Rating Services raised the prospect the Bermuda reinsurers could ultimately become middlemen between companies ...
ACE Advances Thailand Acquisition After a Robust Q1
Earlier this week, ACE Ltd., working with a local partner, finished its acquisition of a 60.9 percent stake in a general insurance company in Thailand. Chairman and CEO Evan Greenberg said Wednesday ...
Munich Re CEO Blames Capital Mkt Interest Rates For Profit Hit
Munich Re' s net profit fell in the first quarter, its chief executive on Wednesday, hit by low capital market interest rates that continue to weigh on investment income at the world's largest ...