Loss

Berkshire Hathaway pegs hurricane Milton loss at $1.3bn-$1.5bn, Helene at $565m – Go Health Pro

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Berkshire Hathaway pegs hurricane Milton loss at .3bn-.5bn, Helene at 5m – Go Health Pro

The insurance and reinsurance businesses of Warren Buffett’s Berkshire Hathaway suffered from hurricane losses in the third-quarter with Helene and are expecting up to $1.5 billion of additional losses from hurricane Milton in the fourth-quarter.Reporting its third-quarter 2024 results today, Berkshire Hathaway revealed a steep decrease in insurance underwriting income to $750 million for the … Read more

Hong Kong property developer warns of first annual loss in 20 years – Go Well being Professional

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Hong Kong property developer warns of first annual loss in 20 years – Go Well being Professional

Unlock the Editor’s Digest without spending a dime Roula Khalaf, Editor of the FT, selects her favorite tales on this weekly e-newsletter. One in every of Hong Kong’s largest property builders stated it anticipated to publish its first annual loss in twenty years because of the territory’s actual property downturn, sending its shares decrease by … Read more

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