But it isn't the whole story. With interest rates looking likely to increase over the near term, investors are going to find the other half of the company's story, the float, increasingly interesting.
Berkshire’s model—insurance float, public-equity portfolio, and a growing roster of operating companies—remains the template every would-be “Baby Berkshire” is trying to replicate. Some copycats now ...
EG is benefiting from rising investment income, with portfolio growth and higher yields strengthening earnings alongside ...
There's a timing mismatch in the insurance industry that is very profitable for shareholders.
Howard Hughes Holdings is transitioning into a diversified holdings company under Bill Ackman, targeting durable growth. HHH’s $2.1bn acquisition of Vantage Group marks its first acquired subsidiary, ...
Q: What does “float” refer to in the insurance world? A: Warren Buffett explained it in his 1997 letter to Berkshire Hathaway shareholders by writing that float “is money we hold, but don’t own. In an ...