American International Group Inc., the largest property-casualty insurer in the U.S. and Canada, announced a tender offer for as much as $1.5 billion of its bonds as Chief Financial Officer David Herzog seeks to cut debt.
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.
Berkshire Hathaway Inc. invited Morningstar Inc.’s Greggory Warren to join a panel of analysts posing questions to Chairman Warren Buffett and Vice Chairman Charles Munger at an annual meeting in Omaha, Nebraska on May 3.
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.