Berkshire Hathaway Inc.’s General Re unit recorded US$1.677 billion for mass tort-asbestos/environmental matters, according to the Company’s annual report filed with the Securities and Exchange Commission on Feb. 28, 2011.
Overall industry-wide loss experience data and informed judgment are used when…
Berkshire Hathaway Inc.’s liabilities for environmental, asbestos and latent injury claims and claims expenses net of reinsurance recoverables were about US$12.4 billion at Dec. 31, 2010 and US$10.6 billion at Dec. 31, 2009.
These liabilities included about US$10.7 billion at Dec.…
Berkshire Hathaway Inc.’s subsidiary Berkshire Hathaway Reinsurance Group’s liabilities for environmental, asbestos and latent injury losses and loss adjustment expenses were about US$10.7 billion at Dec. 31, 2010 and US$9.1 billion at Dec. 31, 2009 and were concentrated within retroactive…
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.…
The Berkshire Hathaway Reinsurance Group’s (BHRG) reserves for environmental, asbestos, and latent injury losses and loss adjustments expenses were US$9.2 billion at Dec. 31, 2008 and US$9.7 billion at Dec. 31, 2007.
BHRG is a Berkshire Hathaway Inc. subsidiary.
Losses paid in…
Berkshire Hathaway Inc.’s subsidiary, General Re Corporation, had unpaid mass tort reserves of about US$1.8 billion gross (US$1.2 billion net of reinsurance) at Dec. 31, 2008 for unpaid mass tort reserves.
Those reserves were about US$1.8 billion gross and US$1.2 billion…