Insurance reporter for Bloomberg News.

Buffett Agrees to Buy German Motorcycle Retailer in Europe Push

bloomberg.com — (Bloomberg) -- Warren Buffett's Berkshire Hathaway Inc. agreed to buy Detlev Louis Motorradvertriebs GmbH, a motorcycle apparel and accessories retailer in Germany, as the company expands in Europe. Zypora Kupferberg, whose company advised Louis on the transaction, confirmed the takeover by phone. She declined to give details.

Liam McGee, CEO Who Led Hartford Through Bailout, Dies at 60

bloomberg.com — (Bloomberg) -- Liam McGee, an Irish-born banker and insurance executive who guided Hartford Financial Services Group Inc. through a taxpayer bailout and shored up the company's finances, has died. He was 60. McGee died Feb. 13 after a two-year battle with cancer, Hartford said Monday.

Anthem Starts Providing ID Theft, Credit Monitoring After Hack

bloomberg.com — (Bloomberg) -- Anthem Inc.'s current and former health-insurance members can sign up for identity-theft and credit-monitoring services, measures to protect as many as 80 million people whose data may have been compromised in a hacking incident.

AIG’s AerCap Stake No Hot Potato as CEO Says Time Is on Our Side

bloomberg.com — (Bloomberg) -- American International Group Inc. can take its time to sell down a stake in plane-lessor AerCap Holdings NV, said Peter Hancock, the chief executive officer of the insurer. "On the face of it, it would seem like a hot potato," Hancock said Friday on a conference call with analysts.

AIG Employees to Swap BlackBerrys for New IPhones, Hancock Says

bloomberg.com — (Bloomberg) -- American International Group Inc. employees are getting an upgrade. The insurer is switching employees' phones from BlackBerry Ltd. devices to Apple Inc.'s iPhones, according to a memo from Chief Executive Officer Peter Hancock that also discusses fourth-quarter results.

AIG Profit Falls 67% to $655 Million on Debt Repayment, Reserves

bloomberg.com — (Bloomberg) -- American International Group Inc., the largest commercial insurer in the U.S. and Canada, said profit declined 67 percent on costs to pay down debt and add to reserves. Net income fell to $655 million, or 46 cents a share in the fourth quarter, from $1.98 billion or $1.34 a year earlier, the New York-based insurer said Thursday in a statement.

Kandarian Says MetLife Accelerated Buybacks Amid Share Decline

bloomberg.com — (Bloomberg) -- MetLife Inc., the largest U.S. life insurer, accelerated share repurchases after a decline in the company's stock, Chief Executive Officer Steve Kandarian said. The insurer has repurchased about $690 million of stock this year after announcing a $1 billion buyback plan for 2015 in December, Kandarian said in a conference call Thursday.

MetLife Profit Climbs 68% to $1.52 Billion on Growth in U.S.

bloomberg.com — (Bloomberg) -- MetLife Inc., the largest U.S. life insurer, said profit climbed 68 percent in the fourth quarter as results improve in the company's home country. Net income rose to $1.52 billion from $908 million a year earlier, the New York-based insurer said Wednesday in a statement.

Genworth Rebounds as Long-Term Care Results ‘Better Than Feared’

bloomberg.com — (Bloomberg) -- Genworth Financial Inc. jumped in early trading after losses at the long-term care unit were narrower than some analysts had expected. The insurer rallied 15 percent to $9 at 7:32 a.m. in New York. The Richmond, Virginia-based company had declined 8.1 percent this year through Tuesday.

RadioShack Creditors Said to Include Harbinger’s Insurer F&G

bloomberg.com — (Bloomberg) -- Fidelity & Guaranty Life, the insurer backed by Harbinger Group Inc., helped finance RadioShack Corp. in a December 2013 loan that forestalled the retailer's bankruptcy. F&G participated in a $250 million loan that another Harbinger unit, Salus Capital Partners LLC, arranged for RadioShack, according to two people with knowledge of the funding who asked not to be identified because the deal was private.
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Feb 26, 2015

RT @romenesko: Warren Buffett drinks 60-oz. of Coke daily; his journalists are told to drink water and win wellness points. bit.ly/1wlYxly

Feb 26, 2015

Warren Buffett puts out a press release to let you know that you'll be working on Saturday: businesswire.com/news/home/2015…

Feb 26, 2015

here it tis: Berkshire Hathaway's 2014 Annual Report will be posted on the Internet on Saturday February 28, 2015, at approximately 8:00 am

Feb 26, 2015

There are llamas on the loose and a biotech company just might be avoiding US taxes. So, basically, Thursday. bloomberg.com/news/articles/…

Feb 26, 2015

Gilead is making a bunch of money, not paying a bunch of US taxes bloomberg.com/news/articles/… via @RichardRubinDC

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