Buffett says Berkshire Hathaway may sell an insurance unit

Buffett says Berkshire Hathaway may sell an insurance unit

Berkshire Hathaway reported quarterly adjusted earnings of $2.32 per share. Revenue fell 52.1 per cent to $28.21 billion from a year ago. Warren Buffett confirmed that Berkshire Hathaway is selling its Applied Underwriters workers compensation unit. The sale of Applied Underwriters represents a rare divestment by Buffett.

Timothy
Timothy
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