The Berkshire shareholder had an insurance question for CEO Warren Buffett and the company’s insurance head, Ajit Jain.
It centered on private-equity firms like Blackstone, Apollo, and KKR aggressively expanding to insurance and increasing risk.
“There’s no question the private-equity firms have come into this space, and we are no longer competitive in this space,” said Jain. “In the last three, four years, I don’t think we’ve done a single deal.
DJ Kamal Mustafa
I’m DJ Kamal Mustafa, the founder and Editor-in-Chief of EMEA Tribune, a digital news platform that focuses on critical stories from Europe, the Middle East, Africa, and Pakistan. With a deep passion for investigative journalism, I’ve built a reputation for delivering exclusive, thought-provoking reports that highlight the region’s most pressing issues.
I’ve been a journalist for over 10 years, and I’m currently associated with EMEA Tribune, ARY News, Daily Times, Samaa TV, Minute Mirror, and many other media outlets. Throughout my career, I’ve remained committed to uncovering the truth and providing valuable insights that inform and engage the public.
