Daily Archives: 14 February 2013

Berkshire Hathaway & Variable Annuities

Sometimes I miss stuff in the news… last week Berkshire Hathaway reinsured the remainder of the variable annuity business that Cigna reinsured in the 1990s.  Four articles: Cigna and Berkshire sign $2.2 billion reinsurance deal Buffett Gets $1.8 Billion in Investment Assets From Cigna Cigna Gains as Buffett Reinsurance Deal Reduces Risk Warren Buffett turns […]