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Tuesday, January 11, 2022

Berkshire Hathaway Invests in Ariel Re, Extends Quota Share Agreement

Ariel Re, the Bermuda-based reinsurer, together with Berkshire Hathaway Inc.’s wholly-owned subsidiary, National Indemnity Co. (NICO), announced a further strategic alignment between the two companies. In separate transactions, NICO has invested in new Ariel Re Convertible Notes and has extended …

from News – Insurance Journal https://ift.tt/3GiJNPl
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