Berkshire Hathaway Reports Losses on Re/Insurance Underwriting in Q2

Warren Buffett’s Berkshire Hathaway insurance and reinsurance businesses lost money or gained less in underwriting in the second quarter and first six months of 2017 compared to last year while his railroad, manufacturing, energy and utilities businesses all reported increased earnings. Berkshire Hathaway reported an overall 15 percent drop in

Tax dodge scheme paying salaries in gold censured

A scheme which tried to avoid tax by paying salaries in gold bullion has been labelled “abnormal and contrived” by an expert panel, opening the way for HMRC to clamp down on it. The case brought by the taxman focused on two company directors who were paid £150,000 from their

Do College Students Need Renters Insurance?

When you’re packing for college, you may be thinking more about clothes, gaming consoles or the perfect laptop than insurance. Whether you’re heading to a campus dorm, renting a house or leasing an off-campus apartment, it’s important to protect your possessions. Don’t make the mistake of thinking you’re too poor to

SSP exec on why insurance companies have to change

Insurance companies must face up to change as customers take the reins when it comes to how they want services delivered – that’s according to an exec at major insurance software provider SSP. The market is in a really exciting place, SSP’s customer and marketing managing director, Adrian Coupland, told