
Warren Buffet Reevaluates His Approach to Reinsurance Investments
Warren Buffett’s significant profit maker, reinsurance, might be changing because of recent shifts in the industry. Ajit Jain, a key deputy to Buffett and a potential candidate for the CEO position, mentioned in an interview that the once-lucrative business isn’t as profitable anymore. He suggested that it might be time to look into other opportunities,…