Marc Mayerson over at Insurance Scrawl writes an analysis of the recently announced deal by Berkshire to reinsure Lloyd's Equitas legacy exposures. Its contingent on some UK governmental assurances, but represents the kind of deal that Warren Buffett is so good at: taking the long view. Insurance Scrawl: Berkshire Hath A Way Out for Equitas and Lloyd%u2019s
Posted by dougsimpson at October 21, 2006 10:55 AM