Ace Ltd. Chief Executive Officer Evan Greenberg, who typically shunned share repurchases as he focused on expansion and buyouts, said the authorization of additional buybacks won’t halt his commitment to growth.
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.
American International Group Inc., which has been unable to complete the sale of its jet-leasing business to a group of Chinese bidders, is now in talks to sell that unit to AerCap Holdings NV, people with knowledge of the matter 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.