April 3, 2009

ASBESTOS LITIGATION: Berkshire Reserves $10.7Bil for A&E in 2008

COMPANIES: Berkshire Hathaway Inc
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Berkshire Hathaway Inc.’s liabilities for environmental, asbestos and latent injury claims and claims expenses net of reinsurance recoverables were about US$10.7 billion at Dec. 31, 2008 and US$11.2 billion at Dec. 31, 2007.

These liabilities included about US$9.2 billion at Dec.…

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TOPICS: Asbestos | Financial Services | General News | Legal Issues, Litigation
LOCATIONS: Nebraska | United States