Greg Abel's First Big Insurance Play: Berkshire Takes 2.49% Stake in Tokio Marine
Berkshire Hathaway invests $1.8B for 2.49% stake in Japan's top insurer Tokio Marine, forming a strategic reinsurance partnership to boost growth in Japan.
Berkshire Hathaway invests $1.8B for 2.49% stake in Japan's top insurer Tokio Marine, forming a strategic reinsurance partnership to boost growth in Japan.
Berkshire Hathaway’s operating profit fell 29% in Q4 2025—Warren Buffett’s final quarter as CEO—driven by weak insurance results. Greg Abel will take over. No share repurchases were made.
Berkshire Hathaway, under Warren Buffett's last quarter as CEO, sold big chunks of Bank of America and Apple shares while starting a new stake in The New York Times.
Kraft Heinz shares fell 5% after Berkshire Hathaway filed to potentially sell its entire 27% stake worth $7.7 billion, marking the end of a disappointing decade-long investment.
Berkshire Hathaway's Q3 operating profits surge 34% to $13.5B driven by insurance gains. Cash reserves reach record $381.7B as Buffett continues selling stocks and halts buybacks.
Berkshire Hathaway is in talks to acquire Occidental Petroleum's OxyChem division for approximately $10 billion, marking Buffett's largest deal since 2022.