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How Thinking Like Warren Buffett Can Help You Live a Longer Life

January 14, 2025January 13, 2025 Loreen

The Mental Blueprint for Longevity Longevity has always been a topic of fascination, with many attributing it to balanced diets, regular exercise, and cutting-edge health technologies. However, new insights suggest that the secret to a long life may lie more in the mind than in the body. Optimism, positivity, and mental resilience are emerging as powerful predictors for a lengthy and fulfilling life. Recent studies and perspectives shed light on how our mental outlook plays an essential role in aging gracefully. Mental Health and Longevity: The Hidden Connection Research increasingly…

Warren Buffett thinks cyber insurance market could see “huge losses”

June 6, 2024June 5, 2024 Marc

Berkshire Hathaway and its head see a chance that this market will experience struggles Berkshire Hathaway recently held its annual shareholder meeting in Omaha, and there, top exec Warren Buffett and top insurance exec Ajit Jain said that cyber insurance is too risky for the company. That particular market is currently quite profitable At the meeting, Jain underscored that while cyber insurance is profitable at the moment and has become “a very fashionable product,” the risks associated with investing in it are quite high. He said that to date for…

What was behind Berkshire Hathaway’s Chubb insurance company purchase?

May 29, 2024May 28, 2024 Logan B.

Warren Buffett’s company has been hiding a massive insurer purchase Berkshire Hathaway started buying again in Q3 2023 and has finally unveiled the largest publicly traded purchase that it has kept from the spotlight: Chubb insurance company. The Securities and Exchange Commission permitted the secret The Securities and Exchange Commission made it possible for Berkshire Hathaway, and its owner Warren Buffett, to maintain the secrecy of the purchase while the position was being arranged. Then, after the May 15 market close, the first quarter 13F was filed and revealed that…

GEICO Executive Chair Tony Nicely retiring at the end of 2021

December 24, 2021December 23, 2021 Live Insurance News

The announcement was made that he would be stepping down at the end of the year after a 60-year career. GEICO Executive Chair Tony Nicely has announced his retirement and that he will be stepping down from his position at the end of the year following his 60-year career in the industry. Before taking his current position with the insurance company, Nicely had been chair and CEO for 25 years. Under Nicely as CEO, chair and GEICO executive chair, the insurance company experienced its most powerful growth period, becoming one…

Dropping insurance underwriting in Q4 2019 struck Berkshire Hathaway where it hurts

February 26, 2020February 25, 2020 Marc

Warren Buffett’s company was able to recover last year despite those dragging results. Berkshire Hathaway was able to see substantial recovery in the last quarter of 2019, but that was in spite of the group’s lagging insurance underwriting result. The recovery was an important one as the same quarter in 2018 saw a significant loss overall. Warren Buffett’s multinational conglomerate issued a release last weekend. In it, they revealed that their insurance underwriting brought in a $857 million operating loss. Berkshire Hathaway’s income through insurance investing, utilities, railroad and energy,…

State of California takes over control of former Berkshire insurance unit

November 7, 2019November 6, 2019 G. Turner

Berkshire Insurance Unit - Warren Buffett of Berkshire Hathaway

The Department of Insurance said that it never gave its approval to the sale of the company. The California Department of Insurance have seized a former Berkshire insurance unit. The regulators claim that the sale of California Insurance Co. was in violation of state regulations. This is the latest step in the ongoing controversy regarding the sale of the unit. Earlier this week, the California Department of Insurance said that it had not given its approval to the sale of the Berkshire insurance unit with Applied Underwriters, a workers’ compensation…

Berkshire Hathaway insurance expands commercial offerings into the Middle East

February 14, 2018February 12, 2018 Logan B.

Warren Buffett Berkshire Hathaway insurance business

Warren Buffet’s company has announced its intentions to establish a new office in Dubai. Berkshire Hathaway insurance business is headed for expansion into the lucrative Middle East market. It will be opening a new office in Dubai in order to manage the operations of its commercial products there. Berkshire Hathaway Specialty Insurance (BHSI) released an official statement regarding the decision. The new Berkshire Hathaway insurance office is located in the Dubai International Finance Center (DIFC) and will finally be able to open. The office had been awaiting approval from regulators…