> Warren Buffett Blog: Warren Buffett expanding insurance in Asia

Monday, December 8, 2014

Warren Buffett expanding insurance in Asia




A company owned by Warren Buffett's Berkshire Hathaway received a licence to sell non-life insurance coverage in Singapore as it makes a push into Asia.

The carrier will offer commercial property, casualty, financial lines, marine, energy and construction coverage in the nation, according to a statement yesterday from Berkshire Hathaway Specialty Insurance.

Berkshire has brought in Peter Eastwood from American International Group to help expand sales of insurance coverage to businesses.