What company is Berkshire Hathaway?

Berkshire Hathaway is an insurance company with business activities in many other fields.

Berkshire Hathaway was founded by Warren Buffett on 1956. Its main business is property insurance and catastrophe insurance based on direct premium and reinsurance amount. Berkshire Hathaway has many branches, including GEICO, the sixth largest automobile insurance company in the United States. GeneralRe Company is one of the four largest reinsurance companies in the world.

On 20 14 12, Berkshire Hathaway obtained a license to sell non-life insurance in Singapore, which is the first time that Berkshire Hathaway has obtained such a license in Asia. On June 7, 20 18, the Forbes list of the top 2000 global listed companies was released, and Berkshire Hathaway ranked fourth.

corporate business

Berkshire Hathaway is the only multi-holding company headquartered in Omaha, Nebraska, USA, which is in charge of several subsidiaries. Berkshire's core business is insurance, including property insurance, accident insurance, reinsurance and special insurance. In the past 25 years, the company has created an average annual value growth of more than 25% for shareholders with increasingly abundant capital and minimum liabilities.

Berkshire has many completely different businesses, and then it gradually turns into a merger and acquisition of all the shares of the enterprise. Berkshire Hathaway's investment business is realized by holding shares in companies, including American Express Mail Company, Coca-Cola Company, Federal Mortgage Corporation, Gillette Company and Washington Post Company.

Reference to the above content: Baidu Encyclopedia-Berkshire Hathaway Company