Is Berkshire Hathaway a Buy at $111,000? [View article]
On BRK.A's exposure to insurance: <blockquote> <b>Insurers brace for risks of climate change</b>
Insurance companies in Europe and the United States are raising rates, cutting back on coverage and lobbying for government help as the industry bets increasingly that a changing climate will raise the costs of damage from winter storms, hurricanes and flooding.
Hurricanes and other natural disasters cost insurers a record $110 billion around the world in 2005. Costs tailed off in 2006 as an unexpected shift in ocean currents and high-altitude winds eased storm damage, especially in the United States... </blockquote>
Source: <b>Insurers brace for risks of climate change</b>
Is Berkshire Hathaway Worth More Dead or Alive? [View article]
Is Berkshire Hathaway a Buy at $111,000? [View article]
<blockquote>
<b>Insurers brace for risks of climate change</b>
Insurance companies in Europe and the United States are raising rates, cutting back on coverage and lobbying for government help as the industry bets increasingly that a changing climate will raise the costs of damage from winter storms, hurricanes and flooding.
Hurricanes and other natural disasters cost insurers a record $110 billion around the world in 2005. Costs tailed off in 2006 as an unexpected shift in ocean currents and high-altitude winds eased storm damage, especially in the United States...
</blockquote>
Source:
<b>Insurers brace for risks of climate change</b>