The insurance industry has managed to perform well this year despite economic volatilities and the momentum is expected to continue in 2023. High inflation, a rising interest rate environment to…
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Warren Buffett’s Berkshire Takes a Beating on Auto Insurance
(Bloomberg) — Warren Buffett, who has long reiterated his love for insurance companies, took a painful hit on Berkshire Hathaway Inc.’s underwriting businesses as inflation continues to weigh on the…