Buffett starts up bond insurer to rival MBIA, Ambac
473311
Warren Buffett's Berkshire Hathaway Inc   is starting a bond insurer that would help state and local governments lower their borrowing costs, posing a direct challenge to established rivals struggling with deteriorating credit markets.
439249
Berkshire Hathaway Inc., the company controlled by billionaire Warren Buffett, said its General Re Corp. unit received a request from regulators for information on insurance policies designed to help mitigate losses.
686227
MetLife Inc. (MET.N: Quote, Profile, Research) , the No. 1 US life insurer, plans to issue a debut sterling-denominated bond, joint bookrunners Deutsche Bank, HSBC and Royal Bank of Scotland said on Thursday.
638019
NEW YORK -- A downgrade of bond insurer Ambac Financial Group Inc. is likely to have far-reaching effects, making it more difficult for cities to issue new bonds and forcing further write-downs at financial services companies, analysts said Friday.
429298
Omaha billionaire offers to back up municipal bond insurance to save investors pain.
202000
Wall Street surged higher after the investor Warren Buffett offered to help out troubled bond insurers, easing some concerns about further deterioration in the credit markets.
412894
Archipelago Holdings, US owner of ArcaEx, the world's largest electronic stock market, is leading the race to buy Instinet, an electronic brokerage owned by the British news and information giant Reuters.
246869
CHICAGO, Dec. 25 -- Warren E. Buffett's investment company, Berkshire Hathaway, said Tuesday that it will pay $4.5 billion for 60 percent of Marmon Holdings, a private company that includes more than 125 manufacturing and service businesses.
48719
A three-bank consortium led by Royal Bank of Scotland on Tuesday launched an rival bid for Dutch bank ABN Amro, already the target of a friendly takeover bid by Barclays.
257515
NEW YORK, Jan. 18 -- Ambac Financial Group, the nation's second largest insurer of bonds, lost its precious AAA rating from Fitch Ratings on Friday over concerns that the company no longer had enough capital to guarantee billions of dollars in debt now imperiled by the subprime mortgage crisis.
10424
Swiss Reinsurance, the biggest reinsurer, said billionaire investor Warren Buffett's Berkshire Hathaway took a 3 percent stake and will assume a share of its non-life business, giving Swiss Re's shares their biggest spike in four years. Berkshire will get 20 percent of Swiss Re's property and casualty business over the next five years, Swiss Re said [...].
25854
Berkshire Hathaway Inc., the holding company run by billionaire Warren Buffett, on Thursday said its General Re insurance unit received a request from the US Securities and Exchange Commission to provide information on some insurance
486606
Warren Buffettâs Berkshire Hathaway snapped up a 60 percent stake in Marmon Holdings, the Pritzker familyâs sprawling industrial conglomerate.
15404
At 77, Warren E. Buffett, the countryâs most famous investor, is in the midst of his hottest streak in almost a decade. And he is capping his run with a flurry of deal-making.
535370
Warren Buffett's Berkshire Hathaway Inc  has won expedited licensing for a new bond insurance unit, New York State Insurance Superintendent Eric Dinallo said on Friday.
427918
MBIA Inc , the world's largest bond insurer, slashed its dividend by 62 percent on Wednesday and said it would sell $1 billion of debt to preserve capital and the "triple-A" ratings it needs to operate normally in a mortgage market under siege.
19400
Swiss Re clinched a deal with Warren Buffettâs Berkshire Hathaway, bolstering its beaten-down shares, but raising concerns the reinsurer was giving a rival too much access to its core business.