2016-Morning Session-BRK Annual Shareholders Meeting
Berkshire Hathaway Annual Shareholder Meetings (since 1994)
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Reinsurance Is a New Business Model
The rest of the industry doesn't have the amount of capital that's come in to the reinsurance business, he says. "I don't think they will do as fine in the next 10 years as they have in the last 10" He adds: "It looks like it will be at least at least unattractive if not terrible for a considerable period in the future"
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