American International Group Inc., the insurer that repaid a U.S. bailout last year, posted its best two-day gain since June in New York trading on speculation the company may resume dividend payments.
RenaissanceRe Holdings Ltd. , PartnerRe Ltd. and Everest Re Group Ltd. may beat the Standard & Poor’s 500 Index next month, based on past returns of reinsurers at the height of the Atlantic storm season, Barclays Plc said.
Warren Buffett ’s Berkshire Hathaway Inc. may report that the value of its equity portfolio rose by $6.3 billion in the last three months of 2010 as holdings in Wells Fargo & Co. and Coca-Cola Co. rallied, Barclays Plc said.
Warren Buffett’s Berkshire Hathaway Inc., owner of the biggest U.S.-based reinsurer, may be spared designation as a systemically important financial institution, said Jay Gelb, an analyst at Barclays Plc.
Berkshire Hathaway Inc. is poised to report its biggest year-over-year increase in book value per share since 2010 on gains from investments, operating-business earnings and Chairman Warren Buffett’s equity-derivative bets.
Warren Buffett, who built Berkshire Hathaway Inc. into a $200 billion company through stock picks and acquisitions, said his firm may top its largest deal, the 2010 purchase of railroad Burlington Northern Santa Fe.
American International Group Inc., the insurer that took a $4.2 billion charge in last year’s fourth quarter after reserves proved inadequate, may avoid a similar cost in the current period, Barclays Plc said.