Company Profile For Berkshire Hathaway Inc.

Berkshire Hathaway Inc. (BRKa.N) (New York Stock Exchange)
sector: Financials · industry: Insurance - Property & Casualty ·
As of  3:13pm GMT
102,670.00USD
Price Change
-710.00
Percent Change
-0.69%
 
 
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Overview

Berkshire Hathaway Inc. (Berkshire) is a holding company owning subsidiaries engaged in a number of business activities. The most important of these are insurance businesses conducted on both a primary basis and a reinsurance basis. Berkshire also owns and operates a number of other businesses engaged in a variety of activities. Berkshire’s insurance and reinsurance business activities are conducted through over 60 domestic and foreign-based insurance entities. In March 2008, it acquired 60% of Marmon Holdings, Inc. (Marmon). In November 2008, White Mountains Insurance Group, Ltd. (White Mountains) completed its exchange with Berkshire of runoff businesses. Berkshire exchanged about 95% of its interest in White Mountains for 100% of a White Mountains subsidiary, whose holdings consist of Commercial Casualty Insurance Co. and International American Group Inc.

Quick Financial Synopsis

BRIEF: For the nine months ended 30 September 2009, Berkshire Hathaway Inc.'s revenues fell 1% to $82.30B. Net income increased 3% to $5B. Revenues reflect the presence of investment losses vs. a gain from insurance & other products. Net income was offset by a decrease in expenses from life & health insurance benefits which is part of insurance & other products, lower operating revenue expenses from utilities & energy products.

Company Address

Berkshire Hathaway Inc.
3555 Farnam Street
Omaha   NE   68131
P: +1402.3461400
F: +1212.7833833

Total Employees

246000

Find Out More About BRKa.N

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