The organization is known for its control by speculator Warren Buffet, who changed the prior material organization into the protection business and different ventures. Berkshire wandered into the protection business after buy of National Indemnity Company. In 1970, it obtained a value stake in Government Employees Insurance Company (GEICO), which structures the significant piece of the protection business for Berkshire today. It mostly offers private traveler accident coverage through direct reaction systems. Berkshire procured General Re in 1998, which leads worldwide reinsurance business in property/loss and life/wellbeing for the gathering. Berkshire obtained NRG, Dutch life Reinsurance Company from ING Group in 2007. Berkshire Hathaway reinsurance gives security protection to city and state bonds.
Revenues (FY13): $ 182 Billion
Net Profit (FY13): $19.5 Billion
Market Cap (Q1-14): $308 Billion
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