ASBESTOS LITIGATION: BHRG Reserves $9.2B for A&E Losses in 2008
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…